Web3 platforms have gained significant attention for their potential to revolutionize the way we interact online. However, the complexity of these platforms has often deterred non-tech-savvy individuals from participating. The need for crypto wallets and unfamiliar technologies can be intimidating. Enter Phaver, a company that aims to change this narrative by simplifying the onboarding process for web3 social platforms. Recently, Phaver secured $7 million in seed funding to make web3 more accessible, ushering in a new era of decentralized social media.
Phaver, a rising star in the web3 landscape, is dedicated to bridging the gap between traditional social platforms and the decentralized web. Led by co-founder and CEO Joonatan Lintala, the company’s mission is clear: to ensure that the underlying blockchain technology remains hidden from users. Instead, Phaver focuses on providing an experience that feels just like using any other social app.
How Phaver Works
Phaver’s technology is designed to integrate with decentralized social protocols, allowing users to create, own, and monetize their social media profiles. One of the standout features is the ability to retain ownership of your social profiles and content across various social platforms. This means you’re not confined to a single network, giving you greater control over your digital presence.
The company has already integrated its technology with Lens Protocol, a decentralized social networking ecosystem, and CyberConnect, a web3 social network, demonstrating its commitment to expanding its reach.
Phaver’s recent success wouldn’t have been possible without the support of prominent investors. The seed funding round saw participation from Polygon Ventures, Nomad Capital, Symbolic Capital, dao5, Foresight Ventures, Alphanonce, f.actor, and Superhero Capital. Even crypto exchange SwissBorg got in on the action, sharing its allocation with community members. This financial backing totals an impressive $7 million, helping Phaver continue its mission of simplifying web3 onboarding.
Phaver is at the forefront of making web3 social platforms more accessible to everyone. Its commitment to providing a seamless user experience that hides the complexities of blockchain technology is a game-changer. With its recent funding boost, Phaver is poised for further growth and innovation in the web3 space. As the company continues to evolve, we can expect more users to join the web3 revolution.
How does Phaver simplify onboarding to web3 platforms?
Phaver focuses on creating a user-friendly experience that hides the complexities of blockchain technology. It allows users to create, own, and monetize social media profiles across different platforms.
Who invested in Phaver’s recent funding round?
Phaver’s seed funding round saw investments from Polygon Ventures, Nomad Capital, Symbolic Capital, dao5, Foresight Ventures, Alphanonce, f.actor, Superhero Capital, and even SwissBorg, which shared its allocation with community members.