Lens Protocol Mainnet Launch Imminent: Founder Teases TGE with Rising Buzz

Recent Developments of Lens Protocol According to news on March 26, Stani Kulechov, the founder of Lens Protocol, announced that the Lens Chain is about to go live, hinting for developers and users to get ready with the phrase "Get ready chefs." Previously, on March 11, Lens Chain had already declared that it had passed the vote to join the Elastic Network on ZKSync, with the mainnet set to launch soon.

Introduction to Lens Protocol Lens Protocol is a Web3, smart-contract-based social graph on the Polygon Proof-of-Stake blockchain, aimed at enabling creators to own their connections with their communities and form a fully composable, user-owned social graph. To put it simply, Lens differs from other centralized competitors in that Lens users own their data and can take it to any application built on the Lens Protocol.

Lens achieves this by allowing users to create profiles and enabling interactions between these profiles, thus forming a fully composable, decentralized social graph.

Lens Protocol Ecosystem Development Currently, the Lens Protocol ecosystem already includes over 50 applications, such as Lenster, Lens Booster, SpamDAO, GoldenCircle, PeerStream, Swapify, Social Link, and more. For developers, storing this rich social graph in an open, decentralized, and application-abstracted manner allows them to leverage existing social network effects without having to build a new social network from scratch. For users, once they mint an NFT as their profile (e.g., Stani.lens), they can use this profile across different Lens-powered applications (almost like a Google login), creating a streamlined onboarding process.

Lens Protocol Team Lens Protocol is a social protocol layer built by the Aave team (not the social product many people might think it is), launched in early 2022:

Stani Kulechov is the founder and CEO of Aave and also a mentor to many blockchain project founders and advisors.
Christina Beltramini is the Growth Lead of Avara and Lens Protocol, a graduate of the University of Queensland, and a passionate advocate for Lens.

Lens Protocol Funding To date, Lens has completed two significant fundraising rounds.

Summary of Lens Protocol Lens Protocol positions itself as a decentralized and interoperable social graph running on the blockchain. In other words, it is a project that provides users with tools to create their own social media platforms using Web3 technology.