Cryptocurrency

Phaver Airdrop: Here Is Why You Should Invest In It

By Tiera Cowden

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Reviewed by: Tiera Cowden

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Phaver Airdrop

The first season of the airdrop of Phaver’s $SOCIAL coin is underway. This is the right opportunity to earn upto 110,000 $SOCIAL tokens. You will be allotted Phaver points based on various criteria and based on your point earnings you will gain eligibility for receiving $SOCIAL tokens during the airdrop. 

Keep reading this article to know more about the Phaver protocol and its airdrop event.

Phaver Points And Airdrop Eligibility Criteria

The Phaver platform has defined the number of points that a person can by achieving the stated eligibility criteria. 

RewardsCriteria
Each 1,000 points = 1,000 $SOCIALPhaver-Up NFT holderCreator program memberLevel 5 user
Each 1,000 points = 600 $SOCIALVerified badge userLevel 4 user
Each 1,000 points = 400 $SOCIALFarcaster Power Badge userLevel 3 user
Each 1,000 points = 200 $SOCIALLevel 2 user

You should be at least a level 2 user with a Lens profile or a Farcaster profile connected to the Phaver platform. You need to fulfill at least one criterion given in the table above to earn the respective set of points. If you are a Phaver-Up NFT holder, you can earn many future benefits including eligibility for season 2 of the Phaver airdrop. 

How To Earn Phaver Points?

The criteria for earning Phaver points is based on your level of engagement with the platform.

  1. Onboarding: You can earn more than 100 points by just visiting the onboarding page of the Phaver website and completing the tasks listed there.
  2. Invite Others: You will get 100 points every time the person who you referred uses your username to sign in and top up as a level 2 user. You can send an invitation to your friends through the discovery section of the platform.
  3. Keep Phaving: You will get Phaves during each login. You can use these phaves to support the posts you like. If you are an early supporter of a post that becomes viral, you will get more points. 
  4. Premium and Super Posting: You can use the super post facility to boost the visibility of your post. Higher visibility for your post helps you earn more phaves and rewards. 
How To Earn Phaver Points

More About $SOCIAL Tokens

The $SOCIAL tokens have many benefits and utilities that the token holders can make use of. You will get cred points if you have $SOCIAL token holdings in your wallet. Your token holding is calculated based on your earlier purchases through the SwissBorg private community sale. You can access VIP support, preferential visibility, and early access to exclusive features based on the amount of $SOCIAL tokens you hold. 

The utilities of the $SOCIAL include advertising, boosting, and collaboration features. You can buy Phaver points and navigate additional payment fees for in-app purchases.

$SOCIAL Token Distribution

The total supply of $SOCIAL tokens is capped at 10 billion. These tokens are distributed in the following manner for various use cases.

  • Community Rewards: 27%
  • Founding and Development Team: 18%
  • Advisors: 2%
  • Partnerships: 4%
  • Private Sale: 21%
  • Community and Ecosystem Treasury: 25%
  • Additional User Airdrops: 3%

An Overview Of The Phaver Ecosystem 

The Phaver ecosystem runs through various ecosystem facilities such as in-app purchases, brand collaborations, NFT minting, and advertising. You can use the in-app payment services offered by the Phaver ecosystem as an alternative to purchase points for future use. There are other collaborative opportunities such as Pudgy Penguins, Crypto Punks, Degen Score, and High Street. You can also release your NFTs for sale on the Phaver platform.

Advertising is another utility provided by the ecosystem. The users are shown advertisements based on their subscriptions. The advertising services offered by the platform are future-proof and ensure that your privacy is guarded. These services are offered through various in-app advertiser tools.

The Bottom Line

This season is the right time for early access to the $SOCIAL utility tokens. The exact method of claiming your share of the airdrop tokens is not yet announced. So stay tuned to the Phaver platform for all such latest updates. 

Tiera Cowden

British crypto writer and professional investor. Analyses digital asset markets and blockchain developments. Provides insights on cryptocurrency trends and investment strategies.

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