Phavercoin $SOCIAL

Updated: 13-May-2024

Earning $SOCIAL

  • Phaver Points earned inside the app can be redeemed for $SOCIAL tokens in special campaigns

  • A higher Level allows for a higher amount of points withdrawn to tokens.

  • Withdrawals will happen monthly after TGE.

  • Season 1 Airdrop: read Section Airdrop Season 1 for further details

$SOCIAL Holding Benefits

  • Cred score: holding $SOCIAL in any wallet connected to Phaver gives both Cred (Level) and Points

    • Holding $Social therefore also gives higher monthly withdrawal quotas

  • VIP/Whitelists/Perks: Higher levels will also be eligible for various other perks now and in the future such as VIP support, preferential visibility, and early access to features or whitelists

$SOCIAL Utilities

  • For brands and projects, buying and using Phaver Tokens will always be the cheapest way to access any advertising, boosting, and collaboration features, but for those who prefer fiat payments there will be a buyback mechanism that ensures a share of the fiat revenue will also flow into token demand

  • As a user, Tokens can also be used to buy Points, in cases where the user does not have enough Points and wishes to avoid the additional payment fees of in-app purchases

  • The token-to-point price is more affordable (than in-app payment options)

Note: The token issuer independent of the Phaver app rewards or grants other advantages (such as but not limited to tokens or cryptoassets) in return for Phaver points or other criteria, but all such other user rewards in the platform are provided by the token issuer. It is important to understand that Phaver app itself does not have the possession, custody, or control over any tokens or other crypto assets that may be provided by our third-party service providers appearing on the Platform nor over any user’s other funds. Further, the Phaver app does not store, send, or receive any tokens or other cryptoassets. You understand that when you interact with the Platform, you always retain control over your tokens and other crypto assets.

Last updated