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Lens Protocol

Lens Protocol

Lens Protocol is a composable and permissionless social graph built on top of the Polygon blockchain that allows users to build their own social platforms for Web3.

OverviewStructured DataIssuesContributors

Contents

lens.xyz
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Social media
Social media
Smart contract
Smart contract
Social networking service
Social networking service
Non-fungible token (NFT)
Non-fungible token (NFT)
‌
Video Streaming
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Blockchain
Blockchain
Web3
Web3
...
B2X
Marketplace
Marketplace
Founder
Stani Kulechov
Stani Kulechov
0
Legal Name
https://lens.xyz/
Subsidiary
Lenster
Lenster
Phaver
Phaver
‌
LensPort.io: Lens Marketplace
Email Address
privacy@avaralabsui.com
Investors
IDEO Ventures
IDEO Ventures
Total Funding Amount (USD)
15,000,000
Competitors
CyberConnect
CyberConnect
Subsocial
Subsocial
MemeBook
MemeBook
atticc
atticc
Farcaster
Farcaster
Business Model
Commerce
Stock Symbol
LENS
Exchange
OpenSea
OpenSea
CTO
‌
Jan Isakovic
Latest Funding Type
Crowdfunding
Crowdfunding

Other attributes

Affiliated With
Lenster
Lenster
LensFrens
LensFrens
Block Explorer URL
101.xyz/course/cl5l...09l6x98ri84h
Company Operating Status
Active
Strategic Partnerships
Phaver
Phaver
Partner Organizations
Polygon
Polygon
Alchemy (Blockchain Developer Company)
Alchemy (Blockchain Developer Company)
Ethereum Name Service (ENS)
Ethereum Name Service (ENS)
Toucan
Toucan
Poap
Poap
Push Protocol
Push Protocol
Livepeer
Livepeer
Zerion
Zerion
Token Standard
polygon
Overview

Lens Protocol is a Web3 social graph based on the Polygon proof-of-stake blockchain. The protocol is modular, enabling features and fixes to be included and streamlining content and social relationships. Users own their data and can bring it to different applications built atop Lens Protocol.

The purpose of the Lens Protocol is to help creators own the links between themselves and their community to create a composable, decentralized social graph. It is achieved by enabling users to create profiles and interact with one another through these profiles.

"Profile" (as used here) refers to Lens profiles, and "user" refers to standard crypto-wallets. Lens Protocol is overseen by a multisig, with plans for expansion to a broader DAO, which can develop and vote on modules and extra functionality.

Architecture

Users are required to create a profile on the hub, and they will receive a sequentially ID'd profile non-fungible token (NFT). The NFT controls the profile, and its owner becomes the de facto controller of that given profile.

Profile NFT

The Profile NFT is the major object in the Lens Protocol. Ownership of the NFT offers users control of their content. Individual addresses own ProfileNFTs, and one address can have different ProfileNFTs. What separates the Lens Profile NFT from the other on-chain identities is the user's ability to post publications to it.

The Profile NFT possesses the history of the posts, mirrors, comments, and other content they generate. In addition, Profile NFTs have a FollowModule. The module possesses the logic that enables different accounts to be issued Follow NFTs, in order to record their relationship to the major profile on-chain. Profiles are only minted by addresses that have been whitelisted by governance. This ensures that the namespace is not reserved by squatters.

Publications

Publications refer to the entirety of the original content, comments, and mirrors produced by creators, curators, and users alike on the Lens Protocol. Publications come in three major types: posts, comments, and mirrors. Posts refer to the base object, with mirrors and comments offering extra functionality.

Publications are made directly on a user's ProfileNFT; this ensures the content created by a user is user-owned and in their wallet. Publications are not NFTs themselves. Publications possess a ContentURI, which points to the particular content that the publication contains. It can point to text, an image, a video, or other arbitrary content that is stored on a decentralized protocol like IPFS or Arweave or a centralized storage provider, such as AWS S3.

Publications have two attached modules: Collect Module and Reference Module. The Collect Module possesses the logic that enables other users to mint their publication into an NFT. This NFT will reference the original Publication's URI. On the other hand, the Reference Module controls references to the publication. It possesses the logic that controls who can comment and mirror the publication.

Profile owners

Profile owners are able to publish to the profile. Publication types include Post, a standard piece of content, and Comment, a standard piece of content with a pointer to another publication. Since comments include pointers, this executes the pointed publication's "reference module" logic, if there are any. A mirror is the equivalent of a "share," having no content except a pointer to another publication. Mirrors only include pointers, executing the pointed publication's "reference module" logic, if any.

Profile owners can set the profile's "follow module." This whitelisted logic contract controls the logic that is executed whenever a wallet attempts to follow the given profile. Illustratively, some followers can incur a fee to the profile owner through the fee follow module contract.

Profile owners can set the profile's image URI and set the profile's "dispatcher." This refers to an address that can act on behalf of a profile's owner. The address can publish to the given profile and set the given profile's URI.

Wallets

Regular wallets are able to follow profiles. This executes the profile's "follow module" logic. It mints the following wallet a "follow NFT" for that profile and is sequentially ID'd. Follow NFTs possess a custom URI that is set by profile owners.

Regular wallets can also collect publications. This executes any logic in the publication's "collect module." If the publication is a mirror, it is executed on the originally mirrored publication with a referral. It mints the collecting wallet a "collect NFT" specific to that publication and sequentially ID'd. Collect NFT URIs usually point to the collected publication's URI.

Tokenization

The Lens protocol possesses three layers of tokenization through ERC721 NFTs. Three of them are ERC721-compliant and composable. The LensHub upgradeable contract is the main entry point for most of the interactions in the Lens Protocol. Almost all interactions begin and double as the ERC721 NFT contract for profile NFTs, and they are minted on profile creation.

After a profile's inaugural follow, a FollowNFT contract is deployed specifically to the profile. This is the ERC721 NFT contract representing follower positions. After a publication's inaugural collect, a CollectNFT contract is deployed specifically to the publication. This is the ERC721 NFT contract representing collected publications. Follow and collect NFTs are deployed solely after the inaugural follow/collect, respectively.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Introducing Lens Protocol

https://mirror.xyz/lensprotocol.eth/YG9iFIs2emVFRtj3JqY95Dk6opNqM0aC9YoM-Ppp5as

Web

7 Feb 2022

Introducing the Lens Protocol - Feat. Stani Kulechov & team

https://twitter.com/i/spaces/1OyKADbWmwgxb

Web

8 Feb 2022

iris - a new social

https://www.iris.social/

Web

Lens Protocol and the Rise of Decentralized Social Networks | HackerNoon

https://hackernoon.com/lens-protocol-and-the-rise-of-decentralized-social-networks

Web

Lens Protocol Designed for A Web3-prepared Society

https://bitscreener.com/crypto-news/lens-protocol-designed-for-a-web3-prepared-society

Web

References

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