Cryptocurrency News

Aave launches open-source platform for social networking DApps on Polygon

2022.05.18 20:41

Aave launches open-source platform for social networking DApps on Polygon
Aave launches open-source platform for social networking DApps on Polygon

Aave (AAVE) has announced a new project called the Lens Protocol, which focuses on helping developers build social networking decentralized applications (DApps) on the Polygon (MATIC) blockchain.

Apart from social media DApps, the liquidity market protocol creators aim to use nonfungible token (NFT) technology along with Lens’ open-source blockchain tech to allow developers to create marketplaces, recommendation algorithms and other applications. According to Aave, this will allow users to completely own their own data and give creators new monetization opportunities.

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