Web3 social protocol Phaver completes $7 million financing, with participation from Polygon Ventures and others

ChainCatcher news, Web3 social protocol Phaver has completed a $7 million financing round, with participation from Polygon Ventures, Nomad Capital, Symbolic Capital, dao5, Foresight Ventures, Alphanonce, f.actor, and Superhero Capital.

It is reported that the new funds will be used to expand the team, as well as for product development and other partnerships. Phaver aims to help users more easily join Web3 social platforms, providing a Web3 onboarding experience similar to existing social platforms. Phaver has integrated its technology or "social graph" with the decentralized social network ecosystem Lens Protocol and the Web3 social network CyberConnect.