Aave Launches Social Media Project Lens Protocol With Over 50 Apps Built on Polygon

The blockchain agency Aave has launched the Lens Protocol, a social media challenge with functions constructed on the Polygon blockchain. Lens is just like the social media platform Twitter however Lens profiles are linked to a non-fungible token (NFT) that may be ported into decentralized functions.

Lens Protocol Is Live – Aave Founder Believes People Are ‘Ready for a Better Social Media Experience’

On Wednesday, the blockchain firm Aave introduced that the Lens Protocol is now reside and roughly 50 functions have debuted on the platform. Aave first revealed the Lens Protocol throughout the first week of February 2022 and the primary functions are constructed on high of the Polygon community.

Stani Kulechov, CEO and founding father of Aave Companies stated the latest Twitter ordeal with Elon Musk exhibits that individuals are in search of one thing completely different than the incumbent social media platforms. “The social media expertise has remained comparatively unchanged for the final decade, and far of that is because of your content material being solely owned by an organization, which locks your social community inside one platform,” Kulechov stated in an announcement despatched to Bitcoin.com News.

The Aave founder added:

But in the end, as seen from Elon Musk’s bid to buy Twitter, individuals are prepared for a greater expertise than what they’re used to. Ownership over not solely the content material you create on-line, but additionally your profile and social community is lengthy overdue, and empowering customers is what Lens goals to realize.

Lens Boasts 50+ Social Applications and Creator Monetization Tools Built on Polygon

The 50 functions constructed on Lens covers social functions to creator monetization instruments, the announcement notes. Lens customers which have already minted their NFT profile can entry any of the functions corresponding to Peerstream, Lenster, Swapify, Spamdao, and extra. “Building a Web3 social media platform on Lens Protocol has opened up a brand new realm of prospects for our growth crew and customers,” @yoginth.eth the founding father of lenster.xyz remarked throughout the announcement.

Lens Protocol will present customers with the foundations to leverage full possession over their “profile, content material, and relationships” whereas plugging into any decentralized software. G.Money, the NFT filmmaker and creator, detailed that lens will empower the platform’s userbase. “An open social graph will permit creators and types to totally personal content material distribution and their audiences in a very multi-platform method. Lens empowers platform alternative and opens up wider audiences via direct creator/brand-community relationships,” the NFT filmmaker stated.

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