cipher.fan, a SocialFi project similar to friend.tech, announced it's live on Arbitrum. Users can buy and sell "shares" of personal accounts on X called Cores, which are like the Keys on friend.tech. It's worth noting that the official Arbitrum X account retweeted the project's launch announcement.
By using cipher.fan, users can receive points to be eligible for a $CIPHER airdrop scheduled on October 15. A total of 100 million $CIPHER tokens will be airdropped, 10% of the total supply.
The project went live at the end of September via the cipher.rip domain. cipher.fan is an upgrade to the project, including UI optimization, algorithm improvement, and more. Now, a user needs to hold five Cores, or has his/her Core value over 0.01 $ETH, to be able to post on the platform.
Meanwhile, cipher.fan announced it has raised $100k in a strategic private round. The funds will be used to expand the team and improve the product.
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