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Lens Protocol Unveils V2, Paving the Way for a Decentralized Social Web

by BSC News

July 17, 2023

chain

The new version aims to revolutionize social media by fostering positive value-sharing models that benefit all participants, including creators, users, brands, and developers.

Introducing Lens Protocol V2

In a groundbreaking announcement today, Lens Protocol has revealed the highly anticipated Lens Protocol V2, a major step towards creating an open and decentralized social layer for the web. This new version is designed to revolutionize social media by fostering positive value-sharing models that benefit all stakeholders, from creators and users to brands and developers.

Lens V2 incorporates enhanced composability, increased configurability, improved trust and safety standards, and fortified profile security.

Open Actions

One of the key advancements in the Lens V2 update is the revolutionary Open Actions feature. This enables developers and users to execute external actions directly on Lens publications, facilitating a seamless integration of smart contracts from any web3 application. By plugging into the Lens collective value share chain, users, applications, algorithms, and other services can be rewarded for their contributions, promoting collaboration and increasing the overall value of the social network.​​

In addition, Lens V2 introduces Profiles V2, a powerful feature that treats profiles as wallets, empowering NFTs with social relationships and monetization opportunities. ERC-6551 token standard support allows value from 'mints' and 'collects' to be accrued to profiles, further reinforcing individual ownership and control over content.

Learn about all the exciting features and updates in the official Mirror post.

Interested users can join the Lens Protocol V2 waitlist and secure their Lens profile, ensuring a seamless migration to V2 upon its launch on Mainnet.

Lens Protocol V2 signifies a significant leap towards a more inclusive, user-centric, and decentralized social internet. With its enhanced features and groundbreaking architecture, Lens V2 promises to shape the future of social media, where ownership, control, and value are democratized, and collaboration thrives.

What is Lens Protocol: 

Developed by Aave Companies, Lens Protocol is a web3-based platform that empowers users to retain ownership of their digital identity, activities, and relationships. By leveraging an open technology stack, developers can build social interfaces or integrate Lens social features into their existing web3 applications. Lens was launched in May 2022 and is currently in beta. Over 100 custom applications have already been built on Lens, demonstrating the protocol's versatility. 

Where to find Lens Protocol:

Website | Twitter |

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