Name : Phavercoin (SOCIAL)
Consensus Mechanism : Token
Shariah Judgement
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Shariah Status :
Last Screening: Q4 2024
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Overview
Phaver is a decentralized social app that allows users to secure profiles on Lens protocol and Farcaster, enabling cross-posting across these networks. With the launch of its native token, $SOCIAL, Phaver transitions from the "DeSoc" era to "SocialFi," integrating the token's utilities into an app-based point economy and in-app wallet for on-chain transactions like tipping, gated content, and gamified features. Users can connect multiple external wallets for added social benefits, including a proprietary Cred score. Additionally, $SOCIAL is now available on the CyberChain, utilizing the LayerZero OFT (Omnichain Fungible Token) standard.
Whitepaper & Documents
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