Bybit Launchpool: Earn Free SOCIAL Tokens

Bybit Launchpool is thrilled to announce the introduction of SOCIAL, the utility token of Phaver.
Event Duration: September 24, 2024, 10AM UTC – October 1, 2024, 10AM UTC
Throughout this event, stake SOCIAL, USDT, or MNT to earn a share of 90,000,000 SOCIAL tokens for free!

Step-by-Step Guide:

1. If you don’t have a Bybit account. You can register here
2. Go here
3. Stake your assets
4. Also you can open your Bybit app -> Find “Launchpool” -> Stake your assets

A few words about a project:

Phaver is a Web3 social app designed for the permissionless, non-custodial environment of the next-generation internet.

The app enables cross-posting and combines engagement from both the Lens protocol and Farcaster. Its upcoming native token, $SOCIAL, will play a key role within the ecosystem.

As the leading multi-protocol social app, Phaver introduces new utilities in areas such as:

• Social Capital: Followers, Activity, Post Quality
• Social Graph: Lens, Farcaster, Moca, POAP, etc.
• On-chain Capital: Existing NFTs and $SOCIAL token rewards

Phaver users can also benefit from partnerships with projects like Moca ID, Pudgy Penguins, and Cyber, gaining access to future whitelists, drops, and other cross-platform advantages.

Launched in May 2022 alongside Lens protocol’s mainnet, Phaver’s mobile app allows users to sign up easily with familiar Web2 logins, gradually onboarding them into Web3 without needing a wallet initially.

Once users get started, they can:

• Share posts to blockchain-based social networks like Lens on zkSync and Farcaster on Ethereum/Optimism
• Own their social graph with an immutable blockchain backup
• Showcase NFT collections and accumulate Points & Cred
• Leverage on-chain assets to verify authenticity and credibility
• Create gated communities based on specific rules and assets
• Send wallet-to-wallet messages using XMTP

To date, Phaver’s app has surpassed 550,000 downloads, holds a majority of posts on the Lens protocol, and is the largest external app on Farcaster. Additionally, over 250,000 wallets, with a total value exceeding $200 million, have connected to Phaver Cred.