phaver

ChainCatcher news, according to DeFi researcher Ignas, the social media application Phaver has ceased operations, and its token price has dropped by 99% since the TGE in September 2024. Phaver team members stated that first, there were technical issues with the TGE and airdrop, which prevented users from claiming their tokens in a timely manner, leading to FUD; second, Phaver incurred over $1 million in fees to launch on 5 CEXs; third, due to a bearish market sentiment, the team did not sell tokens at the TGE, resulting in insufficient operating funds. As a Finnish company, Phaver also needs to pay employees 1 to 2 months of severance pay.Some former team members are developing SocialDAO to seek new use cases for the SOCIAL token.

ChainCatcher news, Bitget will soon launch Phaver (SOCIAL) in the Innovation Zone, SocialFi Zone, and Web3 Zone. The deposit channel is now open, and the spot trading channel will open today at 18:00 (UTC+8). At the same time, the CandyBomb special event will be launched, with deposit trading unlocking SOCIAL airdrops, a total prize pool of 18 million SOCIAL, and the event will run from September 24, 18:00 to October 1, 18:00 (UTC+8).

ChainCatcher news, the Web3 social application Phaver announced that the SOCIAL airdrop will be open for claims on September 24 at 17:00 Beijing time. Users need to prepare ETH on the Base network to pay for gas fees.

ChainCatcher news, the Web3 social application Phaver announced on its social platform the launch of the token SOCIAL and the initiation of the first season airdrop event, which is now open for airdrop inquiries.Phaver stated that its points can be exchanged at a ratio of 1:1, and the conditions to qualify for the 1:1 exchange are: users need to have L5, a creator badge, or a Phaver-Up NFT. In addition, Phaver has updated its posting rewards; all Phaves from posts made by users each day are now combined into a single reward. The official reminder is that SOCIAL cannot be purchased or traded anywhere yet.

ChainCatcher news, OKX Web3 partners with Phaver to offer NFT lottery whitelist. From April 16, 2024, to April 22, 2024, users who complete designated tasks in the OKX Web3 Drops section will have the chance to obtain the Phaver-Up NFT whitelist, limited to 200 pieces.It is reported that Phaver is a Web3 social application based on Lens, which has raised over $8 million in funding, with a valuation of approximately $80 million. The Phaver-Up NFT is one of the native on-chain rewards launched by Phaver, aimed at providing holders with priority participation in future events and other benefits.

ChainCatcher news, Web3 social protocol Phaver has completed a $7 million financing round, with participation from Polygon Ventures, Nomad Capital, Symbolic Capital, dao5, Foresight Ventures, Alphanonce, f.actor, and Superhero Capital.It is reported that the new funds will be used to expand the team, as well as for product development and other partnerships. Phaver aims to help users more easily join Web3 social platforms, providing a Web3 onboarding experience similar to existing social platforms. Phaver has integrated its technology or "social graph" with the decentralized social network ecosystem Lens Protocol and the Web3 social network CyberConnect.

ChainCatcher news, based on the Lens Protocol, the Web3 social application Phaver announced the launch of the Web3 social reputation score "Phaver Cred," rewarding real users. Users can enhance their reputation and earn daily rewards after connecting their NFTs to Phaver, with each asset being connectable to only one account.Phaver states that anyone can earn Phaver points, but only users with a Cred level of 2 or higher are eligible to redeem them for tokens. This reputation system can be used to upgrade, unlock privileges, and qualify for upcoming airdrops.Phaver focuses on a share-to-earn model, where sharing quality content can earn points that can be exchanged for tokens. (source link)