Phaver Build a social platform based on Lens Protocol and CyberConnect, opening up the entrance of encrypted traffic with Web 2.5.
Phaver builds a social platform using Lens Protocol and CyberConnect, opening the gateway to encrypted traffic with Web 2.5.
Author: Zen, LianGuaiNews
Since the beginning of the Web 2.0 era, social media has always been a battlefield in the Internet industry. A large number of large-scale Internet technology companies have emerged at home and abroad, focusing on factors such as relationships, content, and geographical location, and cooperating with various concepts. These traditional platforms have access to massive user data and generate huge profits from it. With the advent of the Web3 era, the concept of decentralization and data sovereignty has quietly changed the social paradigm.
However, due to the fact that the majority of Web3 social applications at this stage are not user-friendly for ordinary traditional users, and the series of operations such as binding wallets are cumbersome, there is a large gap between the user experience of accessing on-chain content and traditional social applications. In an attempt to bridge this gap, Phaver has established a Web2.5 application between the two.
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After entering the application, users can not only access posts published by Phaver platform users, but also browse all content published on Lens. After connecting the wallet, Lens Profile users can directly publish posts to Lens through Phaver. Moreover, Phaver can also have multiple access to different social protocols. Cyberconnect is one of the recently connected protocols, and more different social protocols are expected to be connected in the future. Users only need to use Phaver to see content from different social protocols.
Traditional social media such as TikTok and Xiaohongshu require training with billions of data in order to achieve good recommendation results. Phaver relies on the help and support of the community to establish a recommendation flow algorithm for high-quality content more quickly. Phaver is based on the concept of “Web 3 Social”, and one of its core features is the content staking and filtering mechanism. Users can select at least five favorite posts on Phaver every day, and if they choose truly popular hot items, they will be rewarded for helping to discover high-quality content.
Phaver incentivizes users to share discoveries or create high-quality content in a gamified manner, and introduces a native token reward system associated with Phaver Cred Score and Phaver Points. Just like airlines, hotels, etc., which divide different levels of membership to enjoy different levels of treatment, different user levels in Phaver can receive rewards and benefits at different levels, and this level is determined by the Phaver Cred Score. The Cred Score system also increases the utility of users’ NFTs or SBTs. Phaver points can be exchanged for tokens after the formal creation of Phaver tokens in the future.
Users can earn Phaver Cred and Phaver Points daily by connecting their owned assets such as Clique SBT, Galxe LianGuaissport, DegenScore Beacon, and PFP NFT to their Phaver accounts and using the Phaver application every day. After connecting the wallet to Phaver, users can immediately know what NFTs they can connect to Phaver.
By connecting to the DegenScore Beacon, you can earn 30 Phaver Cred and 120 Phaver Points every day. Phaver has supported many NFT projects and continues to increase the number of supported projects. However, it should be noted that if a user connects multiple NFTs from the same series, the number of points earned by each individual NFT will decrease starting from the second NFT. In addition, when people stake a user’s post, the user can earn Phaver points by creating valuable content in the Phaver application, which can be used to publish premium topics.
Phaver Cred will be reset every 30 days, and users have only 30 days to earn enough points to reach the next Phaver level. Currently, there are 4 levels of Phaver Cred, and the specific requirements and corresponding benefits for each level are as follows:
- Level l1: Initial level for users, can post premium topics, link NFTs, bind Lens and CyberConnect, but will not receive any free stakes after TGE and are not eligible to redeem any tokens;
- Level l2: 50 Phaver Cred, 5 free staking points per day, can view popular trending posts and have higher exposure when posting, will also have opportunities for partnership whitelisting and a certain amount of token redemption every month after TGE;
- Level l3: 250 Phaver Cred, reached by the top 5% of Phaver users, have 10 free staking points per day, and on top of all the benefits of level 2, have higher priority in post exposure;
- Level l4: 1000 Phaver Cred, reached by less than 1% of users, mainly active Web3 “super users” such as NFT whales and KOLs. This level has 20 free staking points per day, posts can be recommended and exposed on all pages, and enjoy VIP channel services;
As the bear market exposes the weaknesses of many social and gaming tokens, Phaver offers a choice with real utility and value exchange. This means replicating the proven utility of Web2 applications, such as quality gated content, enhanced visibility, gamification, and additional features, while rewarding the best creators, curators, and moderators with tokens. Its advertising model further drives this by allowing brands to advertise using native tokens, providing liquidity and demand, and eliminating the need for each creator to transact with their partners to monetize their content.