Many are looking forward to a decentralized social media platform by following the development of Twitter’s ‘Bluesky’ but Aave first launched a protocol for the establishment of social media.
Understood a decentralized financial lending (DeFi) platform, Aave has introduced Lens as a social media protocol that is Web3 -compatible and open -ended.
The launch of Lens also means any developer can set up a social media platform including new app launches and monitor-free profiles.
The exciting news was announced yesterday via a tweet on the official Twitter account, Lens Protocol.
1/Something is blooming… https://t.co/UMUs3qT3SD
- LensProtocol.eth 🌿 (@LensProtocol) February 7, 2022
However, the Aave project has already given a hint since January 20, inviting speculation in its community.
Own your #digitalroots
Coming soon. pic.twitter.com/RQ0joqK3v0
- LensProtocol.eth 🌿 (@LensProtocol) January 20, 2022
Apparently the journey to Lens has already started since early 2021 before it was inaugurated yesterday.
It is understood that the non-fungible token profile (NFT) feature is one of the earliest major functions introduced by the protocol.
Users can not only have multiple addresses for multiple NFTs but also have the opportunity to have multiple NFT profiles based on a single address; NFT profiles can be handled and managed by the DAO via a multisig authentication wallet.
Lens broadcast on Polygon Mumbai testnet. So far it has not been clarified when it will be broadcast on the mainnet.
At the time of writing, Aave (AAVE) recorded a jump of over 7%, trading at $ 184.87, and Polygon (MATIC) rose nearly 18%, trading at $ 2.03 per unit.
