2 years ago
The announcement comes a period aft Aave laminitis Stani Kulechov gets suspended from Twitter for his gag astir being the interim CEO of the societal company.
Aave (AAVE) has announced a caller task called the Lens Protocol that focuses connected helping developers physique societal networking decentralized applications (DApps) connected the Polygon blockchain.
Apart from societal media DApps, the liquidity marketplace protocol creators purpose to usage nonfungible token (NFT) exertion on with Lens' open-source blockchain tech to let developers to make marketplaces, proposal algorithms and different applications. According to Aave, this volition let users to wholly ain their ain information and springiness creators caller monetization opportunities.
Lens Protocol allows users to person a azygous Lens illustration that tin beryllium utilized done assorted DApps wrong the Lens platform. With this, users who are capable to mint Lens NFT profiles volition beryllium capable to entree the 50 apps that volition beryllium released connected Lens Protocol astatine launch. To further the instauration of much apps connected Lens, Aave besides created a assistance programme worthy $250,000 to money developers who privation to make applications connected the platform.
Stani Kulechov, CEO and laminitis of Aave Companies, believes that the radical are acceptable for a caller societal media experience, arsenic demonstrated by reactions to Elon Musk's bid to bargain Twitter. Kulechov explained:
“The societal media acquisition has remained comparatively unchanged for the past decade, and overmuch of that is owed to your contented being solely owned by a company, which locks your societal web wrong 1 platform.”The Aave CEO besides noted that ownership implicit contented created online is "long overdue." Furthermore, Sandeep Nailwal, the co-founder of Polygon, agreed with Kulechov’s conception and said that Polygon aligns with Lens' extremity of powering "secure contented ownership."
Related: Spotify reportedly tests NFT galleries connected instrumentalist profiles
Back successful April, Kulechov was banned from Twitter hours aft jokingly tweeting that helium volition beryllium joining Twitter arsenic its interim CEO. The prohibition was lifted the adjacent time arsenic Kulechov tweeted different gag saying that helium was backmost arsenic the interim CEO of the company.
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