In today's era of rapid digitalization, the form of social networks is also constantly evolving. With the rise of the Web3 concept, decentralized social networks have gradually become a new trend. Phaver, a social application designed for the Web3 ecosystem, is one of the pioneers of this trend. This article will dive into what makes Phaver unique, specifically how the upcoming native $SOCIAL token adds value to its ecosystem.
Phaver’s core features
Permissionless social experience: Phaver allows users to easily sign up using familiar Web2 logins without the need for a wallet. This design greatly lowers the entry barrier for users, allowing more people to gradually experience the charm of Web3. Since the launch of the Lens Protocol mainnet in May 2022, Phaver’s mobile app has been downloaded more than 550,000 times, making it the most popular external application on the Lens Protocol and Farcaster.
Social capital and on-chain assets: Phaver’s social ecosystem not only includes followers and activity, but also focuses on the quality of posts, forming a complete social capital system. In addition, users can earn rewards through existing qualifying NFTs and $SOCIAL tokens, allowing for the accumulation of on-chain capital. This design not only enhances the user's sense of participation, but also promotes the improvement of content quality.
Construction of social graph
Phaver allows users to build and maintain their social graphs on the blockchain. Through integration with multiple protocols such as Lens, Farcaster, Moca and POAP, users can fully own their own social assets. This decentralized social graph not only protects users’ data privacy, but also provides users with greater autonomy and credibility.
Direct messaging and community building: Phaver also provides wallet-to-wallet direct messaging based on XMTP, allowing users to communicate in a private environment. In addition, users can create closed communities based on different rules and on-chain assets, further enhancing the diversity and interactivity of social networks.
$SOCIAL token value
The upcoming $SOCIAL token is an integral part of the Phaver ecosystem. After the Token Generation Event (TGE), off-chain points earned by users on the platform can be redeemed for $SOCIAL tokens. This incentive mechanism not only encourages users to actively participate in platform construction, but also enhances users' digital reputation.
Partner Program Benefits: Phaver is also connected to several partner programs, including Moca ID, Pudgy Penguins, and Cyber. These collaborations will provide users with whitelisting, drops, and cross-platform ecosystem benefits, further enhancing Phaver’s appeal.
Phaver’s vision and goals: Phaver’s vision is to work with the community and partners to build a more elite and user-owned social network. Through incentive mechanisms and digital reputation, Phaver hopes to provide each user with the most relevant information. This goal is not only in line with the decentralization concept of Web3, but also provides users with a richer social experience.
in conclusion
With the continuous development of Web3 social networks, Phaver, as an innovative social application, shows the infinite possibilities of future social networks. Through its unique features, the upcoming $SOCIAL token, and close collaboration with partners, Phaver is creating a more open and decentralized social environment for users.
In this increasingly digital world, Phaver is more than just a social platform, it is an ecosystem that allows users to fully control their social assets. In the future, as more users join and the ecosystem continues to improve, Phaver will play an increasingly important role in the Web3 social field.