Mask Network leads development of Lens Protocol… Promoting expansion of SocialFi platform

2026-01-21 01:28:35

Source: DigitalToday Original Title: Mask Network Acquires Lens Protocol… “We Will Create Products That Are Actually Used” Original Link: https://www.digitaltoday.co.kr/news/articleView.html?idxno=622740

The socialFi( project Lens Protocol announced that Mask Network will lead future development.

Mask Network plans to popularize Lens Protocol through X) Twitter(. In 2022, Mask Network expanded into socialFi by acquiring the second-largest server from the decentralized social media platform Mastodon.

Lens Protocol is a decentralized social media platform launched in early 2022 by Stani Kulechov, founder of Aave), aiming to be an Ethereum-based Twitter. Kulechov explained, “We built Lens Protocol and an on-chain data storage system so developers can create applications for mainstream users.” Within a year of its launch, Lens has grown to support over 110,000 social media profiles and hundreds of applications.

Farcaster(, a socialFi project similar to Lens Protocol, has ceased development of its decentralized social media and shifted focus to wallet services. Farcaster co-founder Dan Romero stated, “We tried social media for over four years but did not succeed.”

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