Phaver-Up NFTs

Updated: 01-Jul-2024

Phaver announced 3rd April Phaver-Up NFTs to kickstart its on-chain economy, ahead of the upcoming TGE by the token partner.

Some native benefits for the holders include one of the highest Cred and Point reward categories on Phaver, access to exclusive features and a gated Holder Community with access to support and alpha insights from the Phaver team. New benefits will be added frequently, making NFTs extremely beneficial for their holders also in the future.

Collection Links:

Highlights of the NFT:

  • Approx $3m worth of NFTs dropped to the community for free

  • The best performing NFT collection on @0xPolygon & @MagicEden

  • The floor price of blue box NFT has continuously increased from 800 MATIC to 1900 MATIC (April to July 2024).

  • Phaver app had three in-app NFT auctions. Users were very active bidding points for NFTs. The highest 269,000 points bid earned a purple Phaver-Up NFT.

The distribution happened in a series of weekly whitelists on Magic Eden as well as airdrops to key contributors and winners of weekly Phaver Points -based auctions that provided the first opportunity to redeem the in-app currency for rewards outside the app. 17 000 users were eligible minters, with 1500 mints. The NFT was minted in 5 seconds.

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