TechFlow reports that Web3 social protocol Phaver has announced on X the upcoming launch of its $SOCIAL token this July. The token will utilize the LayerZero OFT standard to enable multi-chain operations, allowing low-cost, seamless transfers across chains such as ETH and Base. The team warns that $SOCIAL is not yet available for purchase or trading anywhere, and users should beware of scam links.
Previous report: Phaver raised $7 million in funding, with participation from Polygon Ventures and others.




