Phaver Price

Phaver is a decentralized cryptocurrency and native token of the Phaver social media platform. Launched in 2024, it aims to bridge the gap between traditional social media and Web3 by enabling on-chain transactions and rewards within the app. Phaver has a current price of $0.00000297 with a 24-hour trading volume of $0.3544. The token has a circulating supply of 1B SOCIAL SOCIAL out of a total supply of 10B SOCIAL SOCIAL. Its current market cap is $2.97K, ranking it #8604 among all cryptocurrencies. Phaver facilitates features like tipping, gated content access, gamified boosts, and item collection within the Phaver ecosystem. The token also integrates with the app's point economy and in-app wallet, allowing users to earn and spend SOCIAL through various social interactions and content creation. As Phaver evolves from 'DeSoc' to 'SocialFi', Phaver plays a crucial role in incentivizing user engagement and fostering a decentralized social network.

Phaver was created on September 24, 2024. It was launched as the native token of Phaver, a leading decentralized social application that allows users to secure their profiles on Lens protocol and Farcaster and cross-post across those networks. Phaver marked Phaver's transition from the initial 'DeSoc' era to the 'SocialFi' era, with the token's utilities tied to the app's point economy and in-app wallet enabling on-chain transactions such as tipping, gated content, gamified boosts, and item collection.

The founders of Phaver are Joonatan Lintala and Jesse Jyläs. They launched Phaver, the decentralized social app behind SOCIAL, in 2024. Lintala serves as the CEO while Jyläs is the CTO. Together, they aimed to create a leading platform for decentralized social interactions, allowing users to secure profiles across networks like Lens protocol and Farcaster. With the introduction of the native SOCIAL token in 2026, they are transitioning Phaver from its initial 'DeSoc' phase into the 'SocialFi' era, integrating token utilities with the app's point economy and enabling on-chain transactions.

Phaver works as a native token for the Phaver decentralized social app ecosystem. It enables on-chain transactions within the app, including tipping, accessing gated content, gamified boosts, and item collection. The token is integrated with Phaver's in-app wallet and point economy system. Users can earn SOCIAL by engaging with content and completing tasks on the platform. The token also provides governance rights, allowing holders to participate in decision-making for the Phaver ecosystem. Phaver operates on multiple blockchains, including Ethereum, Solana, and Base, to ensure wide accessibility and interoperability. The total supply of SOCIAL is capped at 10B SOCIAL, with 1B SOCIAL currently in circulation. The token's utility extends beyond the app, as it's tied to Phaver's proprietary Cred score system. This score takes into account users' on-chain activities and social interactions, potentially offering additional benefits in the broader Web3 ecosystem. As of 2026-05-06, Phaver is trading at $0.00000297 with a market cap of $2.97K. The project aims to bridge traditional social media with blockchain technology, positioning itself at the forefront of the emerging SocialFi sector.

Phaver is built on a multi-chain architecture, leveraging the strengths of several blockchain networks. Its primary infrastructure is based on the Ethereum blockchain, utilizing ERC-20 token standards. Additionally, Phaver has expanded to other networks including Solana, Base, and CYBER ecosystems to enhance scalability and interoperability. The technical architecture of Phaver incorporates: 1. Smart contracts: Deployed on Ethereum and other supported chains to manage token economics and functionalities. 2. Cross-chain bridges: Enabling seamless transfer of SOCIAL tokens between different blockchain networks. 3. Decentralized identity: Integration with Lens protocol and Farcaster for user profile management. 4. In-app wallet: Supporting on-chain transactions for tipping, gated content, and gamified features. 5. Point economy system: Tied to the native token for rewarding user engagement and contributions. 6. Proprietary Cred score: A unique scoring system to measure user influence and activity within the ecosystem. 7. Multi-wallet connectivity: Allowing users to link multiple external wallets for enhanced functionality and ecosystem benefits. This architecture enables Phaver to offer a robust, decentralized social platform with advanced features like cross-posting, tokenized interactions, and a gamified user experience, positioning it at the forefront of the evolving SocialFi landscape.

Phaver has an ambitious roadmap for the future. Key milestones include: 2026: Expanding the user base and improving core social features. 2027: Launching advanced SocialFi functionalities, including on-chain tipping, gated content, and gamified boosts. 2028: Introducing a proprietary Cred score system to incentivize positive community engagement. 2031: Aiming to become a leading decentralized social platform with millions of active users. Long-term vision: Revolutionizing social media through decentralization, user data ownership, and tokenized incentives. Price predictions: 2027: -- 2031: -- 2036: -- The team is committed to continuous development and community-driven governance. With its innovative approach to social networking and the growing adoption of Web3 technologies, Phaver is well-positioned for significant growth and impact in the coming years.