Phaver (SOCIAL) was listed on exchanges after the airdrop.
The Web3 platform Phaver (SOCIAL), supported by Lens Protocol and Farcaster, has made a name for itself by being listed on many exchanges.
Phaver, which allows users to socialize and have fun by performing various tasks, launched its token after a long period of work. Phaver, which has more than half a million users, announced that SOCIAL has completed the first season of airdrop distribution.
Approximately 4 percent of SOCIAL, which has a total supply of 10 billion, was distributed to season one participants. SOCIAL, which is on the Base, Cyber ââand Ethereum blockchains, has a market value of $ 150 million according to the total supply.
Phaver also launched the Cred Pass NFT collection on the OpenSea platform. These NFTs will offer various opportunities in subsequent airdrop distributions.
The Decentralized Social (DeSoc) project became the largest application on Lens and the largest third-party application on Farcaster. Phaver's token, which stands out with its advertising models, anonymity and free communication model, the opportunity to interact and various activities, attracted great attention at the launch.
According to CoinGecko data, SOCIAL has recorded a transaction volume of over $10 million since the launch.
Phaver enables content creators to reach audiences and convert the content they create into points. These points and works are turned into an income model.
Crypto projects launched in the SocialFi field have attracted great attention recently. Galxe (GAL), which has a reward system through tasks, has increased by nearly 10 percent in the last week. It has become a matter of curiosity what the SOCIAL token will do in the SocialFi field, which has a total market value of $2.5 billion.
#KIP #KIPprotocol #CryptoDeNostradame #MOGUL #MogulProdustions
