Aave Launches Social Media Project Lens Protocol With Over 50 Apps Built on Polygon – Blockchain Bitcoin News

Aave, the blockchain company has created the Lens Protocol. This social media project uses applications made on the Polygon Blockchain. Lens works in the same manner as Twitter’s social media platform, however Lens profiles can be linked to non-fungible tokens (NFT), which can be used to port to decentralized applications.

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

Aave, a blockchain company announced Wednesday that the Lens Protocol was now available and approximately 50 apps have been launched on the platform. Aave announced the Lens Protocol for the first time in February 2022. The first Polygon applications will be built using the Polygon network.

Stani Kulechov is the CEO and founder at Aave Companies. He stated that the Twitter scandal with Elon Musk showed people want something more than what the existing social media sites offer. “The social media experience has remained relatively unchanged for the last decade, and much of that is due to your content being solely owned by a company, which locks your social network within one platform,” Kulechov said in a statement sent to Bitcoin.com News.

Aave’s founder also added:

But ultimately, as seen from Elon Musk’s bid to purchase Twitter, people are ready for a better experience than what they’re used to. Lens is a platform that empowers users by giving them control over their online content, as well as your social networks and profile.

Lens Features 50+ Social Apps and Maker Monetization Tools Built On Polygon

According to the announcement, 50 Lens applications will be available. These applications can range from social apps to creator monetization instruments. Lens users who have created their NFT profiles can now access all the apps such as Swapify and Spamdao. “Building a Web3 social media platform on Lens Protocol has opened up a new realm of possibilities for our development team and users,” @yoginth.ethDuring the announcement the founders of lenster.xyz commented.

Lens Protocol will provide users with the foundations to leverage full ownership over their “profile, content, and relationships” while plugging into any decentralized application. G.Money, the NFT filmmaker and creator, detailed that lens will empower the platform’s userbase. “An open social graph will allow creators and brands to fully own content distribution and their audiences in a truly multi-platform way. Lens empowers platform choice and opens up wider audiences through direct creator/brand-community relationships,” the NFT filmmaker said.

What do you think about Aave’s Lens Protocol? Comment below and let us know how you feel about the subject.

Jamie Redman

Jamie Redman is the News Lead for Bitcoin.com News. He also lives in Florida and works as a journalist covering financial technology. Redman joined the cryptocurrency community in 2011 and has been an active member ever since. Redman is passionate about Bitcoin and open-source codes. Redman has contributed more than 5,000 articles to Bitcoin.com News since September 2015. These articles are about disruptive protocols that are emerging.