Phaver, in an exciting development today announced that it has closed a $7 million seed funding round, with the help of industry leaders like Polygon Ventures, Nomad Capital, Symbolic Capital, dao5, Foresight Ventures and many others. The news came after the events of last month where Phaver had a very successful token sale with SwissBorg where their public allocation was sold out within 8 seconds.

Phaver is building the gateway to web3 social by allowing anyone to access on-chain social graphs like Lens Protocol and CyberConnect. The mobile app allows anyone to sign up with familiar Web2 logins and without a crypto wallet, onboarding users to Web3 in a step-by-step way, connecting an on-chain Lens profile or showcasing their NFT collection.

After launching in May 2022 along with the Lens’s mainnet, Phaver saw a rapid growth. To date, their app has been downloaded more than 250,000 times and sees over 50,000 posts being made daily by their dedicated community. With the help of excellent developers and vibrant core team, Phaver offers a familiar feel and feature set that enables a soft landing in web3 social.

Phaver offers a very unique and gamified rewards mechanism, which aims to fairly reward content creators as well as the curators and moderators who are a vital part of the social ecosystem.

“Web3 is all about user ownership, and with ownership come a lot of rights, one of which is using your own data wherever you want,” said Phaver’s CEO & co-founder Joonatan Lintala after closing the seed round.

“Phaver’s mission is to connect the entire web3 by allowing users to bring in their own building blocks for their social graph, whether that means building credibility with a decentralized ID, finding community among holders of the same collectibles or building relationships across the entire internet with on-chain social layers like Lens. Users, who now own crucial pieces of the social network, also deserve their fair share of the pie and should be heard in important decisions.”

Phaver’s CFO & co-founder, Tomi Fyrqvist added that “We are thrilled to partner with this select group of value-adding investors and partners, building the ecosystem together with our incredible community”.

“The internet hasn’t been in such an exciting phase since the start of the century - and web3 technologies allow for the opportunity to build more meritocratic systems in the next-gen user-owned decentralized web, where the ownership of digital assets and online social life is redefined.”

“We are looking forward to this next wave, where pioneers like Lens and CyberConnect are igniting the transition with a social protocol layer, whilst the underlying infrastructure, such as Polygon, BNB Chain and Ethereum, ultimately secures them,” concluded Tomi.

Phaver, in an exciting development today announced that it has closed a $7 million seed funding round, with the help of industry leaders like Polygon Ventures, Nomad Capital, Symbolic Capital, dao5, Foresight Ventures and many others. The news came after the events of last month where Phaver had a very successful token sale with SwissBorg where their public allocation was sold out within 8 seconds.

Phaver is building the gateway to web3 social by allowing anyone to access on-chain social graphs like Lens Protocol and CyberConnect. The mobile app allows anyone to sign up with familiar Web2 logins and without a crypto wallet, onboarding users to Web3 in a step-by-step way, connecting an on-chain Lens profile or showcasing their NFT collection.

After launching in May 2022 along with the Lens’s mainnet, Phaver saw a rapid growth. To date, their app has been downloaded more than 250,000 times and sees over 50,000 posts being made daily by their dedicated community. With the help of excellent developers and vibrant core team, Phaver offers a familiar feel and feature set that enables a soft landing in web3 social.

Phaver offers a very unique and gamified rewards mechanism, which aims to fairly reward content creators as well as the curators and moderators who are a vital part of the social ecosystem.

“Web3 is all about user ownership, and with ownership come a lot of rights, one of which is using your own data wherever you want,” said Phaver’s CEO & co-founder Joonatan Lintala after closing the seed round.

“Phaver’s mission is to connect the entire web3 by allowing users to bring in their own building blocks for their social graph, whether that means building credibility with a decentralized ID, finding community among holders of the same collectibles or building relationships across the entire internet with on-chain social layers like Lens. Users, who now own crucial pieces of the social network, also deserve their fair share of the pie and should be heard in important decisions.”

Phaver’s CFO & co-founder, Tomi Fyrqvist added that “We are thrilled to partner with this select group of value-adding investors and partners, building the ecosystem together with our incredible community”.

“The internet hasn’t been in such an exciting phase since the start of the century - and web3 technologies allow for the opportunity to build more meritocratic systems in the next-gen user-owned decentralized web, where the ownership of digital assets and online social life is redefined.”

“We are looking forward to this next wave, where pioneers like Lens and CyberConnect are igniting the transition with a social protocol layer, whilst the underlying infrastructure, such as Polygon, BNB Chain and Ethereum, ultimately secures them,” concluded Tomi.