Aave launches Web3 social media platform, Lens Protocol

Aave launches Web3 social media platform, Lens Protocol

Aave will empower content creators to "own their digital roots" and calls for a more sustainable smart contracts-based social experience. Aave (AAVE), the decentralized finance lending platform, launched the Lens Protocol ecosystem on the Polygon (MATIC) blockchain as their way to challenge centralized social media platforms like Twitter or Facebook. What started with an open letter to garner support around the idea that content creators should own and control their digital identities, led to developing a Web3-native social network powered by nonfungible tokens (NFTs).  In a Twitter Spaces....


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Aave launches open-source platform for social networking DApps on Polygon

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What is Lens Protocol, and how does it work?

In this guide, we share all you need to know about Lens Protocol, a decentralized social graph that simplifies building Web3 social platforms. The innovation and, as a result, the booming popularity of social media started at the beginning of the century with the concept of the online social graph. This specific data structure draws a line between social networks’ users and the people, places and things with which they interact. However, time has shown that the major social media platforms have several disadvantages related to centralization. The flagships of the change are likely to be....