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So What is Len Protocol ?

Lens Protocol is a composable and decentralized social graph , ready for you to build on so you can focus on creating a great experience, not scaling your users.

With Lens you: Own your content. Own your social graph. Own your data.

I have no doubt that Lens Protocol will overtake web2 social at some point.

Topic To Be Covered !

How To Signup !

Lens Profile NFT !

Module of Lens Protocol !

Current Statics !

How To Signup ?

As lens protocol is still beta testing so they are not open for public signups. But you can join the Lens fam , how ?

By becoming an active follower.

By donating for lens protocol based projects and more

By joining collab giveaways.

And many more……

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Claim Your Lens Handle !

If you signed the Lens open letter before May 5, you are eligible to claim your Lens handle .

If you donated to Share Protocol in GR14–15 ( Gitcoin Donation ) Can Claim Your Lens Handle

⚡️ Claim Here : https://claim.lens.xyz/claim

Lens Profile NFT !

When you create your own profile in LENS, it is actually an NFT minted inside your wallet. Ownership over this NFT gives you control of your Publications.

Profile NFT owners can publish Publications (It can be a Post, Comment or Mirror. Mirror means ‘reposting’ or ‘retweeting’.) under their Lens NFT Profile.

Module of Lens Protocol

LENS consists of three types of modules:

Follow module

Collect modules

Reference modules

1. Follow module — following a profile sounds like a simple action, but LENS extends this concept. When you follow a Profile, “Follow NFT” is created in your wallet. Follow module also allows a unique logic. For e.g. you would need to pay a fee when following somebody’s profile.

You can control all action and can make it off also.

2. Collect module — this module allows creators to monetize their content. Because creators own their content via the LENS protocol, they can allow their followers to purchase that content.

The Collect module contains logic that allows other users to mint your Publication into an NFT.

3. Reference module — this module contains logic that determines who can comment or mirror a new comment ( Just Like Twitter Circle ) .

Now everyone wants to know the hype around it so they have some good numbers with them. This make me bullish !

That It , Hope so you got it. If you got it then please hit the clap .

As we have seen many liquidity crunche fuds in recent days !!

So here is a overview of top 5 CEX holding,

1. Binance $64B

2. Bitfinex $ 7.8B

3. Okx $6B

4. Huobi $ 3.2B

5. Crypto.com $ 2.5B

Source: https://portfolio.nansen.ai/entities

Date : 18 Nov 2022

💸Follow @Blokhash on twitter for more !!