🎉 Lens Protocol has just secured $31.00M in its latest funding round! 🎉
🔹About: Lens Protocol is a decentralized social graph built on the Polygon blockchain, utilizing NFTs and smart contracts. Founded by Stani Kulechov, the creator of Aave, in 2022, Lens Protocol aims to redefine social media interactions within the Web3 space. It offers a permissionless and composable framework for applications to create social media platforms. Every interaction within the social graph, such as posts or follows, is executed as an on-chain transaction, ensuring transparency and security. Users' data and actions are encapsulated within ERC-721 NFTs, allowing them to own their social graph and seamlessly port their data across different applications built on the Lens Protocol. This empowers users with true ownership of their social media content and interactions, aligning with the ethos of decentralization. The protocol leverages the Polygon network's blockchain infrastructure for decentralized social media applications. Lens Protocol's development is closely associated with the team behind Aave, indicating a strong foundation in decentralized application development. Overall, Lens Protocol represents a significant step towards creating a more user-centric and decentralized social media ecosystem.🚀🌐
🔹 Lead Investors: Balaji Srinivasan, Wintermute, Delphi Ventures, Blockchain Capital, Circle, ConsenSys and many more.
🔹 Total Raised: $46.00M.
🔹 Project Category: Social Network, Web3.
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