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      Home NFT

      Lens Protocol: Everything You need to Know

      Aniketh Paul by Aniketh Paul
      November 18, 2022
      in NFT
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      Lens Protocol: Everything You need to Know
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      Lens Protocol is building a blockchain-based open-source social graph to reshape the future of social media in web3. The protocol enables devs to construct social media programs without difficulty. In this manual, we are able to speak about the lens ecosystem, the pinnacle initiatives which can be constructed on it, and a way to potentially qualify for the airdrop if lens does in the future.

      What’s actually Lens Protocol?

      The Lens Protocol is an open-source, blockchain-based social graph designed to reshape the give-up of social media images within the age of Web3 and decentralization. unlike cutting-edge Web2 social media structures which include Facebook or Twitter, which use social graphs to make interconnections among social community customers simplest centrally, the Lens Protocol is revolutionary to be permissionless and composable to permit creators of content material to “very own their virtual roots” and enables humans to take ownership of the connections among themselves and groups without compromise.

      Consequently, the Lens Protocol has led to the emergence of a decentralized social graph that users own, offering back the power of their data and links and even offering ways to monetize their range.

      The Lens Protocol got released in early 2022 and has garnered a whole lot of engagement in the blockchain and crypto gatherings due to the intense nature of the social networking product and the well-known Aave (AAVE) team developing it. As an element of one of the pinnacle lending platforms inside the Ethereum atmosphere, Lens Protocol seeks to control the big flaws in the cutting-edge social media environment, which it does correctly, regularly acquiring a base of unswerving users from a Web3-geared up community.

      Why lens is crucial and what makes it unique?

      The innovation and, as an end result, the booming recognition of social media began at the start of the century with the idea of the web social graph. The structure of this unique fact draws a line between social network customers and the people, places, and matters with which they interact. but, time has proven that the most important social media platforms have several hazards related to centralization. Web2 social media platforms can manage our information, sales, and lots more. The flagships of the alternatives are likely to be sprouts of contemporary Web3 tasks.

      Lens Protocol’s social network decentralized components are authorized to make, hold, and personal their variety and profiles described by NFTs, whilst Polygon’s low-fee Layer 2 scaling key stores all information.

      At the equal time, network contributors can decide whether to support those users by means of agreeing on which capabilities to combine in the most decentralized and open way. because of those tools and the lack of a significant actor holding the information, new social media networks can emerge, retaining freedom of expression.

      How to get started with Lens Protocol?

      A Lens Protocol person’s journey starts with the introduction of the Profile NFT. ownership over this NFT lets users add content, link, and speak with others and offers customers control over their statistics. Particularly, the Profile NFT incorporates the records of all of the users’ courses, reposts (also called “mirrors”), comments, and other content material generated.

      1. Go to https://claim.lens.xyz/ and check if you’re eligible for a lens handle.
      2. If not, you can buy from https://opensea.io/collection/lens-protocol-profiles.
      3. Now, you can explore all the dapps which are built on the lens ecosystem with your lens handle.

      The Profile NFT consists of a unique observe function that permits users to track different profiles. The Lens Protocol barely varies from the same choice in traditional Web2 social media. Its good judgment permits distinct debts to mint to observe NFTs to record their connections. While Lens Protocol customers comply with a profile, they are given compliance with NFT, which creators and communities can encode with extra value.

      The Collects characteristic permits Lens Protocol users to monetize their content material. In this manner, they could set a acquire alternative when posting a booklet to their Profile NFT. As creators fully personalize their content through the Lens Protocol, they can permit their fans to purchase it under the situations decided by way of the original creator.

      The key part of the Lens Protocol is modules that refer to smart contracts with code jogging underneath unique situations. Lens Protocol modules permit users to introduce specific, custom capability on capabilities like follow, collect and Reference, such as interplay with different users’ content material, mirrors, and comments.

      Top 5 projects within the lens ecosystem

      • LensFrens:
        A Dapp for checking out numerous lens profiles and handles.
        Link: https://www.lensfrens.xyz/
      • Lenster:
        A social media dapp much like Twitter.
        Link: https://lenster.xyz/
      • Lenstube:
        A video sharing dapp.
        Link: https://lenstube.xyz/
      • ORB:
        A social media app especially for web3 professionals with an end-to-end on-chain credibility system.
        Link: https://orb.ac/
      • Phaver:
        Share-to-earn social media dapp.
        Link: https://phaver.com/

      Closing Thoughts

      In the twenty-first century, humans use social media all the time and everywhere, even though social networks are full of cons of their centralized model. the main problems with the current social media surroundings are the dearth of rights to users’ information as content material that customers generate does now not belong to them, and censorship, which means the platforms have the right to censor any facts or ban any profile that doesn’t observe their guidelines.

      The blessings of Web3 and blockchain for social media are clean and can have a full-size impact by way of providing new patterns of ownership and customization. They boost up the revolution currently led via Lens Protocol’s network-owned social graph and comparable tasks within the social media area. They empower their users and supply them with control and the capacity to determine how they want their social graph to be constructed and monetized, bringing full-size impact to the communique paradigm.

      Don’t forget to check out our video guide on Lens Protocol:

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