📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
The Web3 social media application Phaver has ceased operations.
According to Techub News, X user @DefiIgnas disclosed that the Web3 social media application Phaver has ceased operations, with its Token price falling by 99% since the TGE in September 2024. Phaver team members stated that there were technical issues during the TGE and Airdrop, causing users to be unable to claim their rewards in time, which led to FUD; additionally, Phaver incurred over $1 million in fees to launch on 5 CEXs, and the team did not sell Tokens at the TGE, resulting in insufficient operating funds. As a Finnish company, Phaver also needs to pay 1 to 2 months of severance for employees. @DefiIgnas mentioned that some former team members are currently developing SocialDAO to seek new uses for the SOCIAL Token.
Phaver completed a $7 million seed round financing in October 2023, with investors including Polygon Ventures.