The community-centered approach to Web3 — Aave founder and CEO

The community-centered approach to Web3 — Aave founder and CEO

"What if we actually can have ownership on our own presence in social media — our profiles, our social identities?” asked Stani Kulechov. Aave (AAVE) founder and CEO Stani Kulechov said the firm was continuing to develop its decentralized social media platform, with Web3 potentially changing the way many view ownership.Speaking to Cointelegraph at the Collision conference in Toronto on Thursday, Kulechov said Web3 — a buzzword often thrown around, which generally describes the next evolution of an internet based on blockchain technology — could impact how people use social media in much....


Related News

Aave Launches Web3, Smart Contracts-Based Social Media Platform Built on Polygon

The decentralized finance (defi) lending platform Aave has revealed the launch of a Web3 social media platform called the Lens Protocol. According to the team, Lens is a “Web3, smart contracts-based social graph” that is built using the Polygon blockchain. Defi Project Aave Drops the Lens Protocol, Platform’s Intent Is to ‘Empower Creators to Own the Links Between Themselves and Their Community’ For quite some time now, decentralized social media has been a Holy Grail to many cryptocurrency advocates. While it is obvious that social media platforms could....

Web3 will unite users from social media platforms, says Aave exec

At this year’s NFT.NYC conference, Aave executive Christina Beltramini shared detailed insights into the platform’s recent launch and future vision. Web3, the third iteration of the internet, is rapidly approaching the consumer mainstream with the promise of disrupting the status quo of digital interactions and creating a new paradigm for democratic engagement. Lens Protocol is a decentralized social graph built by Aave with the vision of cultivating a Web3 environment in which creators are the primary point of focus. Centered around nonfungible tokens (NFT), Lens hosts capabilities for....

Aave To Introduce A Decentralized Social Media Platform Built On Polygon

Aave, a decentralized finance lending platform, has recently announced the launch of ‘Lens Protocol’. The Web3 social media platform will be built on the Polygon network. This new launch is Aave’s attempt at expanding its opportunities by introducing varied operations. Aave has been working on this particular development for quite some time, it has now […]

Traders Flock to LEND Ahead of Its 100:1 Split to AAVE: Price Up 20%

Demand for LEND has surged dramatically over the last week as the token undergoes a rebranding. Aave, the non-custodial “DeFi” protocol, earlier launched its Aave Improvement Proposal (AIP1) to allow community consent over the migration from its governance token LEND to its rebranded avatar AAVE. In retrospect, the switchover attempted to take people’s opinions on the […]

Aave taps Pocket Network to beef up decentralized app development

Aave will leverage Pocket's distributed network of 44,000 nodes to access on-chain data from various blockchains. Aave (AAVE), an open source decentralized finance (DeFi) protocol, is teaming up with decentralized Web3 infrastructure provider Pocket Network to offer developers increased scalability and ease of use when building decentralized applications (DApps) on the Aave Protocol.According to the statement on Tuesday, Aave will use Pocket's distributed network of more than 44,000 nodes to access on-chain data from various blockchains to power decentralized applications. Developers....