Phaverapp and $SOCIAL: Bridging Web2 Familiarity with Web3 Innovation

By ChangeNOW | ChangeNOW Crypto Blog | 7 Oct 2024


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Phaverapp is at the forefront of Web3 social platforms, designed to operate seamlessly in a permissionless, non-custodial environment. Phaverapp integrates with both Lens Protocol and Farcaster, allowing users to cross-post content and build a unified social presence. Its native token, $SOCIAL, rewards user engagement, establishing Phaver as a leading multi-protocol social media hub.

Key Features of Phaverapp

Since its launch in 2022, Phaverapp has empowered users with a wide range of Web3 features. It offers an easy entry point with Web2 login, gradually introducing blockchain elements for a smooth transition. Some of the standout benefits include:

  • Ownership of Social Graph: Users control their social connections, stored immutably on the blockchain.
  • Cred and Points System: Users earn Points for high-quality content, which can later be redeemed for $SOCIAL tokens after the Token Generation Event (TGE).
  • Interoperability with Web3 Assets: Phaver connects with various assets, such as NFTs, providing credibility and enhancing the user’s profile.
  • On-Chain Messaging: Secure wallet-to-wallet communications via XMTP, enabling private and decentralized interactions.

Using and Earning $SOCIAL

Phaver’s $SOCIAL token is a versatile asset within the platform, offering various utilities and perks. Users can earn Points convertible to $SOCIAL, with higher levels allowing for increased withdrawals. Holding $SOCIAL offers advantages such as VIP access, enhanced visibility, and eligibility for exclusive whitelists. Brands also benefit, as $SOCIAL provides cost-effective access to advertising and collaboration features compared to fiat options.

$SOCIAL on ChangeNOW

Great news for the Phaver community: $SOCIAL is now available on ChangeNOW. You can easily swap or purchase $SOCIAL with fiat, expanding access and encouraging broader participation in Phaver's decentralized network. Here’s a simple guide:

  1. Visit ChangeNOW: Head over to ChangeNOW and select $SOCIAL.
  2. Choose Fiat or Crypto: Swap another cryptocurrency for $SOCIAL or buy it directly with fiat.
  3. Enter Wallet Details: Input the wallet address for receiving $SOCIAL.
  4. Complete the Transaction: Finalize the purchase or swap, and the tokens will be sent to your wallet.

Join Phaverapp to explore a new era of social media, where users own their content and earn rewards. Dive into Web3 with $SOCIAL today!

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ChangeNOW

ChangeNOW is a non-custodial service created for simple and fast cryptocurrency exchanges. We strive for maximum safety, simplicity, and convenience. We do not store your funds or require any sort of account creation. https://changenow.io/


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