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GM Phaverians, let’s talk about $SOCIAL, shall we? [A Thread]
$SOCIAL is the token associated with the Phaver platform, a Web3 social application. Like other social tokens, $SOCIAL is designed to enable users to gain utility within the app, including rewards, content access, and governance participation. Here's an overview of the general utilities of social tokens and their role:
1. Monetization and Access: Social tokens allow creators, platforms, or communities to monetize their content directly by offering exclusive perks or experiences. For instance, token holders might gain access to premium content, behind-the-scenes footage, early product releases, or even direct interactions with creators 4 replies
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