📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
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.