📢 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 social app Phaver has ceased operations due to running out of funds, with the Token falling by 99%.
BlockBeats news, on April 6, according to DeFi researcher Ignas, the social media application Phaver has ceased operations, and its Token price has fallen 99% since the TGE in September 2024. Phaver team members stated that first, there were technical issues with the TGE and Airdrop, causing users to be unable to claim promptly, which triggered FUD; second, Phaver paid over $1 million in fees to launch on 5 CEXs; third, due to a sluggish market sentiment, the team did not sell Tokens during the TGE, leading to insufficient operating funds. As a Finnish company, Phaver also needs to pay 1 to 2 months of severance pay to employees. Some former team members are developing SocialDAO to seek new uses for the SOCIAL Token.