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Lens Completes Verification for User-Owned Decentralized Social Networks

According to Lens Protocol, Mask Network will steer the project’s next phase, prioritizing usable products and communities; Lens, launched by Stani Kulechov in 2022, reports supporting over 110,000 social accounts.

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Summary

In an official announcement on January 21, Lens Protocol said its future will be led by Mask Network. Lens, a SocialFi project launched in 2022 by Aave founder Stani Kulechov, reported supporting over 110,000 social accounts by the anniversary of its Polygon launch. Mask Network plans to prioritize usable products and thriving communities.

Terms & Concepts
  • Decentralized Social Network: A social platform built on blockchain or peer-to-peer systems where users retain ownership of their data and content.
  • Mask Network: A project enabling blockchain features like payments, file sharing, and decentralized apps on traditional social networks.
  • Polygon: An Ethereum scaling network that offers faster, cheaper transactions for decentralized applications and protocols.