The digital currency $BONSAI is rapidly emerging as a key player within the Lens Protocol ecosystem, aiming for a $1bn goal. It's becoming integral for transactions, with its use cases expanding into minting on platforms like Orb, and offering commercial rights for content. Orb announced a distribution of 2.2 million $BONSAI, valued at approximately $230K, available for claim by eligible users within 72 hours, emphasizing the need to update the mobile app. This move is part of a broader adoption strategy, where $BONSAI has begun to dominate monetized publications on Lens, capturing over 75% market share. The currency's momentum is highlighted by a recent $590,000 funding round and a $1 million angel investment, positioning $BONSAI as the 'culture currency' of Lens. Notably, users have reported earning $3,500 from posting on Lens and £87 over 15 years on other platforms, underscoring $BONSAI's potential.
Love seeing the momentum behind $BONSAI as a culture currency. Congrats on the raise! https://t.co/GnI8V0zP2u
We're excited to announce our $1 million angel round, celebrating the momentum behind $BONSAI (@bonsai_dn404) - quickly becoming the culture currency of @LensProtocol 🚀🚀🚀 https://t.co/FC3RV0QtMC
🌳 $BONSAI Memecoin Aims to Becomes De Facto Currency On @LensProtocol After $590,000 Funding Round Bonsai’s market share of monetized publications on Lens surpassed 75% Read more: https://t.co/DEfwMED5h4 https://t.co/E3xZH5LeIe