Aave’s Lens Protocol raises $15M to build the decentralized social web

Lens Protocol, a web3 product aimed at creating a decentralized social networking ecosystem, has raised $15 million, its team told TechCrunch exclusively. The protocol is being built by Aave, a web3 technology firm, that allows users to lend and borrow crypto tokens from one another, among other things (Aave has raised a known $49 million to date.)
The protocol is trying to integrate the best of the web as we know it, but with a focus on the new innovations web3 to make the internet “more equitable, fair and democratic for social media networks,” Aave Companies CEO Stani Kulechov said.
Kulech

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