Web3 Social Protocol Lens Protocol Receives Investment from FTX Ventures

Web3 social protocol Lens Protocol received an undisclosed amount of investment from FTX Ventures. A spokesperson for the Lens Protocol development team has confirmed that Lens Protocol is raising funding, but has not confirmed the size of the round or the closing date.

Lens Protocol, launched by Aave's team, is a composable decentralized social graph with common social media functions. For example, personal data editing, comments, forwarding posts, etc. In addition, Lens Protocol is powered by NFTs, which supports users to own and control the content they create.