Phavercoin price

SOCIAL

#1519

Phaver is a leading decentralized social app. It allows users to secure their profiles on Lens protocol and Farcaster and cross-post across those networks. With its native token $SOCIAL, Phaver is entering from initial "DeSoc" era to "SocialFi" era, with the token's utilities tied to app's point economy and in-app wallet enabling on-chain transactions incl. tipping, gated content, gamified boosts and item collection. Users are also able to connect multiple external wallets for social and ecosystem benefits, incl. proprietary Cred score.

In its bot-resistant in-app economy, users can accumulate Cred and Points, and convert those on-chain assets. Ultimately Phaver envisions the sustainable inflows to the system and back to the users to be driven by ad revenue in the later stages of the network.

The gamified discovery allows validated users to cast a limited amount of daily Phaves on their favorite posts, providing a more decentralized and fair alternative to algorithms based on weak signals and black boxes of incumbent web2 platers, while still offering similar opportunities to go viral while also earning rewards.