phaver

Phaver and Spindl Launch Web3 Social Ads with Token Buybacks

As the first of many initiatives to boost $SOCIAL demand, we are soon rolling out Web3 ads tied to token buybacks. To start, 50% of all ad revenue is used to buy $SOCIAL back from the market to equally reward all holders.

This model boosts additional demand for the token and provides longevity for the reward economy, as the buyback tokens will either be burned to decrease token supply permanently when needed, or redistributed to users during periods of faster user growth to ensure the economy is balanced. We do not use any invasive tracking for the ads; they seamlessly blend into the feed and can also be opted out from with Points or $SOCIAL after the pilot.

The ads are powered by Spindl and only use public blockchain data to improve relevance.

Read Article: https://x.com/phaverapp/status/1846184441384710479

Heyyo Frens, happy Friday! 💜

Last week, the first Phavercoin snapshot proposal passed, and the Phairdrop Season 2 end date was moved to 7th November.

First off, as a thank you to voters, here’s the Voter SBT: https://app.galxe.com/quest/phaver/GChNXtKFxd - Mint with the wallet you voted with and connect it to Phaver to show it off and earn 10p per day 😎 Due to a Snapshot bug, we’ve also made all Cyber $SOCIAL holders (as of 2nd of October) eligible to mint.

Second, as proposed, we’re rewarding loyal users who held their entire claimed S1 allocation in Phaver during the first 7 days with the Diamond Hand SBT. You needed to hold equal or more $SOCIAL than you claimed in S1, with a minimum requirement of 1000 $SOCIAL for the first 7 days. Link: https://app.galxe.com/quest/phaver/GCyABtKWsC Mint with primary wallet and refresh assets to earn 20C, 150p daily. 🙌💎

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