So many followers in last few hours seems sus to me. I got 3 mails from farcasrster too. Seems like farmers now turned towards SocialFi. Can you guys do something for it?? @poolboy
Hope I am not late for session 2. Got around 2.3k $Social by staking on bybit which is roughly 10% of what I staked in 7 days.
I am not that social of a guy and don’t often use social media, but I love staying up-to-date with market trends. Phaver seemed like a perfect match for my interests, but unfortunately, that’s not the case. I don’t want to say that I hate Phaver—in fact, I love it—but the problem is that most engagement is tied to account levels virtually. Users tend to phave higher-level users more frequently. This lowers the interest of good content creators with lower levels and also kills the competition. The more competitive the platform is, the higher the content quality will be. Just to be clear, I am not referring to myself as a good content creator with lower level in fact, I am terrible at it.
Secondly, the problem with the SocialFi space is content diversity. Almost 80% of the content revolves around crypto. To diversify the content on the platform, there should be a reward pool for each category of content. The rewards should not necessarily be in $Social tokens; they could also be badges or NFTs. Weekly the top five creators in each category would receive these rewards.
Lastly the should be separate section for video contents with autoplay like Instagram reels.
@dollowen
As of now no Binance listing News for $Social. I am pretty disappointed with Binance by there new user farming tactics. I am a binance user from when they started(2017) their journey in crypto industry. The reason for the context is that I wanna make it clear that I am not crying about $Social listing but I see a problem. Bybit, Cryptodotcom and many more exchanges had a great start but they all failed to maintain their growth. I think Binance strick listing terms and supporting project with actual usecase played a crucial role in their success. It's really concerning as binance alone holds 46% of total spot trading volume in Q2 2024. Their bad decisions can effect the market in entirety. Coming back to $Social I think there is no major player in SocialFi category with token to support for ecosystem development and Phaver can lead the trend in this category paving the way for Farcaster, Lens and so on. Many would argue that projects like republik.gg are there but they don't serve the purpose of ownership of your own data. I have seen many so called projects in SocialFi and they are not well thought out. Feel like they just created it to farm users.
Got Silver pass. I need three more of it to be level 4 this month as 16 days pass and I only have 44 cred points as I f now. What should I do buy more are wait for few days?
Healing the heart, one breath at a time. Let nature be the balm for your pain. 🌿✨ #NaturalTherapy #HealingFromWithin #EmbraceThePain
app.towns.com/t/104b1ceab8ef85cc1060bb3e58a92df4c2c42ebd1f0000000000000000000000/channels/204b1ceab8ef85cc1060bb3e58a92df4c2c42ebd1f0000000000000000000000?ref=home
Just created group at @townsxyz. All the phaver freaks can join. Peace
