Overview

Updated: 17-Jul-2024

Phaver is a Web3 social app purpose-built for the permissionless and non-custodial ecosystem of the next-gen internet.

Phaver app allows cross-posting and combining reach & reactions from Lens protocol and Farcaster. It's upcoming native $SOCIAL token works as an integral part of its ecosystem.

Phaver’s position as the leading multi-protocol social app paves the way for novel utilities across:

• Social Capital: Followers, Activity, Post Quality

• Social Graph: Lens, Farcaster, Moca, POAP, etc.

• On-chain Capital: Existing qualifying NFTs & $SOCIAL token rewards

The users also benefit from various partner projects' offerings incl. Moca ID, Pudgy Penguins, Cyber, etc. where many future whitelists, drops, and other cross-platform and ecosystem benefits.

Debuted in May 2022 during Lens protocol’s mainnet launch, Phaver’s mobile app allows anyone to sign up with familiar Web2 logins and no wallet enabling onboarding users to Web3 step-by-step.

After starting their journey, the users can:

• Share posts to blockchain social networks like Lens on zkSync and Farcaster on Ethereum/Optimism

• Have full ownership of one's social graph with a blockchain-based immutable back-up

• Showcase one's NFT collection and accumulate Points & Cred

• Use various other on-chain assets to prove authenticity and credibility

• Create gated communities based on various rules and on-chain assets

• Wallet-to-wallet direct messages via XMTP

To date, Phaver’s app has received more than +460k downloads and accounts for a majority share of Lens protocol posts and is the largest external app as well on Farcaster. Also, +250k wallets with a total value exceeding $200 million have been connected to Phaver Cred.

As an early pioneer of Web3 social, the platform is designed to help users cultivate their reputations within and across decentralized social networks, rewarding them with off-chain points for each constructive contribution they make to the platform. The points are convertible to tokens after the Token Generation Event (TGE).

Phaver's goal is simple: deliver the most relevant feed for each user through incentivized curation & digital reputation.

Together with its community and partners, Phaver's vision is to capture the opportunity to build a more meritocratic and user-owned social network.

Note: The contents of this whitepaper could be changed and updated in the future. Each section outlines a time-stamp of the latest update.