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Been bullish on @LensProtocol since beginning of time. ☑️ Published every @edge_pod onchain since Feb 2023 ☑️ Been posting videos/content since spring 2022 ☑️ @4RCapital invested in 2022 ☑️ I backed Lens as an angel myself in 2022 Congrats to @StaniKulechov and team! But the… https://t.co/L35CNqWJC6
$31M Bet on Lens: SocialFi’s Next Big Play Lens, Avara’s SocialFi-focused L2, just raised $31M, led by Lightspeed Faction, to gear up for a 2025 mainnet launch. It’s promising modular tools for social apps - monetization, data ownership, and low costs, all on Ethereum. With… https://t.co/DTxxrK1uY3
Lens Bags $31M to Take SocialFi to the Next Level Avara’s Lens just locked in $31M, led by Lightspeed Faction, to scale its SocialFi-focused L2 blockchain ahead of the mainnet launch in 2025. The project's looking to unveil social platforms that are fast, cheap, and user-first,… https://t.co/KopC0aIOgt
Avara, the developer behind the Aave protocol, has secured $31 million in funding for Lens, a high-performance blockchain designed for social applications. The funding round was led by Lightspeed Faction, with additional investments from Alchemy, Avail, Circle, Consensys, DFG, Fabric Ventures, Foresight Ventures, Stellarcore, Superscript, Re7, and Wintermute Ventures, as well as several angel investors. Lens aims to build a decentralized protocol that can serve as infrastructure for social and consumer apps, with a focus on user ownership of identity and content. The latest version, Lens v3, is set to launch on the mainnet in the first quarter of 2025, utilizing zkSync and validiums to reduce transaction costs significantly, making it more affordable for consumer applications. Lens is poised to advance the SocialFi sector, promising modular tools for social apps on Ethereum.