Phaver is taking the best parts of social media , creating synergy within the global Web3 scene. Social media exploded as a pivotal force in the Web2 landscape, morphing into an untameable giant. Dominated by vast tech enterprises, the space became primarily profit-driven.
User data rights were disregarded, while personal information was manipulated for a small cadre of corporations' enrichment. Phaver recognizes this predicament, reinventing the social media landscape within an entirely fresh setting.
Key Takeaways:
- Phaver stands as a Web3-centric social platform that champions users' control over their personal information.
- Contrary to traditional Web2 platforms that exploit user data, Phaver empowers users to manage their data and enjoy a unique digital experience.
- With built-in gamification, Phaver incentivizes creators of exceptional content. Content creators can earn Phaver Points, a currency within the app, which can then be exchanged for other tokens.
- Boasting over 250,000 downloads and more than 60,000 integrated third-party NFTs, the platform is soaring.
What is Phaver?
By blending the best aspects of Web2 with Web3 capabilities, Phaver grants individuals authority over their own information. Founders Joonatan Lintala and Tomi Fyrqvist recognized the need for evolution in the social media sphere.
With deep roots in global tech, both co-founders understood how Web2 tech models prioritized corporations over user-contributed content value.
Rather than adhering to the status quo, Joonatan Lintala and Tomi Fyrqvist pursued the creation of Phaver, a vibrant Web3-native social network. Phaver now boasts over 100,000 average weekly users.
The platform’s alliances with Lens Protocol and CyberConnect promise growth, while Phaver delivers variants like NFTs and data decentralization, having successfully penetrated Asian markets like South Korea, where average users spend upwards of six hours weekly.
The Value of Data
Facebook, or 'Meta', highlights why Phaver’s inception is timely. While Phaver’s interface resembles Twitter more than Facebook, its data-handling prowess defines its distinctiveness.
In Web2, social platforms felt welcoming spaces for connection and discussion, nurturing online communities.
Facebook or Twitter might portray unbiased social realms, but in practice, these Web2 giants extracted user data and exploited users themselves. The list of Facebook’s missteps is extensive , with incidents like the Cambridge Analytica debacle standing out prominently.
Security breaches also plagued Facebook, notably one, affecting over 500 million users’ data. Even after such breaches, Facebook decided Facebook withheld breach details from victimized users, undermining trust akin to a toxic relationship.
Prime example of Web2 social media at its peak!
Driving Value
Phaver’s platform promotes in-app gamification, boosting social value through encouraging exceptional content creation. Value-adding users thrive, while spammers find little engagement and subsequent monetary motivation.
Eminent creators grow followings through Premium Topics, earning Phaver Points exchangeable for tokens, boosting visibility and forging a brand within Web3’s expanse, beyond Phaver’s limits.
By launching strategic partnerships, Phaver capitalizes on its 250,000+ downloads and 60,000+ third-party NFT connections, embracing Web3 growth and monetization through unique promotions.
Collaborating on projects like The Smurfs and Korea’s Lotte Groups Bellygom NFTs, Phaver and its partners stand poised for further brand development.
While advertising is ubiquitous among platforms, Phaver recognizes Web3’s emphasis on data authority. Thus, it develops strategies enabling users to opt into data-sharing for targeted ads while letting others use points for an ad-free experience.
The Advertising Angle in Web3
Phaver remains solvent without offering free platform access, as users keen to avoid ads may trade points for an uninterrupted experience.
Alternatively, users open to nil or targeted advertisements could monetize ad-viewing and data-sharing, ensuring receptive ad audiences for advertisers.
Advertisers benefit from using Phaver tokens for campaigns, with token liquidity augmented by organic demand. Phaver aligns data privacy with advertising, crafting tools to integrate them effectively.
Getting started on Phaver is straightforward:
How To: Connect With Phaver
Users can register using an email or Web2 login, with wallet logins forthcoming.
- Lens Protocol profiles can be connected at signup, synchronizing content and followers.
- Set up a Web2 Phaver profile.
- Select engaging topics or accounts to tailor your feed, which defaults to trending posts otherwise.
- Both participation and wallet connections or NFTs can earn Cred and points, promoting active engagement overnight.
- Return daily for Cred and Point earnings based on NFTs, and further points through content creation or quality engagement stakes.
- Phaver transcends merely appending Web3 facets to Web2 social networking. It signifies a comprehensive overhaul, leveraging partnerships and cutting-edge blockchain to bolster user experience and privacy.
Phaver Can Illuminate the Future of Social Media
To discover more about Phaver or join its rapidly expanding user base, download it today.
Nicholas Say hails from Ann Arbor, Michigan, enriched by travels and time spent in Uruguay, now residing in the Far East. His writing, focused on realistic development and futuristic tech, is widely available online. just click here !
