Phaver raises $7M to help make onboarding to web3 social platforms easier

This is the best summary I could come up with:

For good reason: most require you to already have a crypto wallet or two, and onboarding a non-crypto-native user is frequently a difficult hurdle for many web3 platforms.

The average individual is more often than not left daunted by the proposition, which usually leads them to shy away from the decentralized web.

In order to drive real adoption, the user experience needs to feel like it’s a normal social-based app, not a high-tech one, he added.

Crypto exchange SwissBorg also participated in the round and shared its allocation with its community members, per a statement.

He pointed out that his grandmother has become a “small influencer” on the app and on Lens after finding her niche: sharing childhood pictures of Lintala.

“We are combining parts of the previous experience from various domains, including consumer internet, incumbent large tech, finance, etc.,” Fyrqvist said.

The original article contains 481 words, the summary contains 142 words. Saved 70%. I'm a bot and I'm open source!