Phavercoin SOCIAL Price

What is Phavercoin (SOCIAL)?

Phavercoin ($SOCIAL) is the native token of Phaver, a decentralized social app that connects users across multiple Web3 networks like Lens Protocol and Farcaster. By leveraging blockchain technology, Phaver allows users to fully own their social profiles, posts, and interactions, creating a seamless and interoperable Web3 social experience.

 

Key Features of Phaver

• Decentralized Social Media: Users can post content, interact with followers, and cross-post across Lens and Farcaster networks, ensuring broader reach and content ownership.
• User-Owned Data: Profiles, followers, and posts are backed by blockchain, giving users full control over their social graph and data.
• In-App Wallet and Transactions: Phaver includes an on-chain wallet for tipping, gated content access, gamified boosts, and NFT collection.
• Gamified Discovery: Users earn Points and Cred by engaging with the app, which can be converted to on-chain assets or tokens after the Token Generation Event (TGE).

 

How Does $SOCIAL Work?

The $SOCIAL token powers Phaver’s ecosystem by integrating with its point economy. Users can:

• Earn Rewards: Accumulate Points and Cred for interactions and convert them into $SOCIAL.
• Access Perks: Unlock premium features like boosted visibility, exclusive content, and NFT whitelists.
• On-Chain Transactions: Use $SOCIAL for seamless tipping and other in-app activities.

 

Why is Phaver Different?

Phaver combines the simplicity of traditional social apps with the ownership and transparency of Web3. It also tackles common issues like centralized algorithms by using Phaves, a gamified way for users to curate content and help posts go viral.

 

Future Goals

Phaver aims to expand its features, including:

• Web3-native ads: A revenue model where token holders benefit from ad earnings.
• DAO Governance: Community-led decision-making via $SOCIAL.
• Mainstream Adoption: Bridging the gap between Web2 and Web3 with user-friendly tools.

Phavercoin and the app together represent the future of social media: decentralized, user-owned, and built for meaningful engagement.

What is unique about Phavercoin (SOCIAL)?

Phavercoin ($SOCIAL) powers Phaver, a decentralized social app that allows users to fully own their profiles, connect across multiple Web3 protocols like Lens and Farcaster, and engage with a gamified point system. Its innovative approach combines user-owned data, cross-platform interoperability, and blockchain-backed social graphs.

Who are the founders of Phavercoin (SOCIAL)?

The founders of Phavercoin ($SOCIAL) remain undisclosed, but the platform is closely aligned with Web3 pioneers, leveraging cutting-edge decentralized protocols like Lens Protocol, created by the team behind Aave.

Who are the backers/investors of Phavercoin (SOCIAL)?

Phavercoin ($SOCIAL) benefits from partnerships with leading Web3 projects, including Lens Protocol, Farcaster, and Moca ID, while attracting the attention of prominent decentralized ecosystem contributors.