Odaily Planet Daily reported on October 5 that Web3 social protocol Phaver completed US$7 million in financing. This round of financing was participated by Polygon Ventures, Nomad Capital, Symbolic Capital, dao5, Foresight Ventures, Alphanonce, f.actor and Superhero Capital. .
The new funding will be used to expand the team as well as product development and other partnerships. Phaver aims to help users join Web3 social platforms more easily and provide a Web3 entry 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.