Aave’s Decentralized Social Media Platform Arrives on Polygon

3 years ago

Weeks aft Aave laminitis Stani Kulechov went to Twitter jailhouse for proclaiming himself  “interim CEO of Twitter,” the DeFi lender’s long-teased decentralized societal media level is going live.

Lens Protocol opened connected the Polygon blockchain mainnet Wednesday, Kulechov announced onstage astatine the Permissionless conference. Built by Aave Companies, it allows devs to physique their ain decentralized societal media networks successful which users afloat ain their data.

“All [Web 3] innovation has been driven by the thought of ownership,” said Kulechov via Telegram. “Web 3 societal ensures that users are successful power of their contented which makes the applications and algorithms vie connected bringing the champion acquisition furniture to the users.”

The protocol was archetypal announced successful February but contiguous radical tin starting minting their profiles, an Aave spokesperson said. About 50 apps are already built connected Lens, they added.

Social graph protocols are popping up crossed the blockchain abstraction to combat concerns astir information ownership. Siloed data-buster CyberConnect said Tuesday it raised $15 million to physique retired its protocol. And Twitter laminitis Jack Dorsey has agelong backed efforts to experimentation with decentralized societal media concepts, too.

Aave’s Lens differs successful its absorption connected NFTs: each creator gets their own. These “profile” NFTs nexus to their followers and communities and interact with the 50+ platforms disposable astatine launch.

Aave has additionally launched a $250,000 grants programme to money projects seeking to physique dapps connected the Lens.

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