Coinbase, a leading cryptocurrency exchange, has recently made a noteworthy announcement about one of the projects that the community has been speculating about – the Lens Protocol. On Twitter, many tweets have been shared about the Lens Protocol’s price chart and link on Coinbase’s platform.
Lens token confirmed by coinbase pic.twitter.com/Y58ttUq3nR
— SmartecVitalik | 🦇🔊 | (💙,🧡) |🛸| (📦,💫) (@Smartecio) February 8, 2023
A few days ago, Stani Kulechov, the founder of Lens Protocol, also revealed information about the snapshot time. Although this information has not been verified yet, it has still excited the online community.
Lens Protocol is a web3 social network application built on the Polygon network. The project is designed to allow users to create and own their own content, creating a decentralized social network.
Lens Protocol is currently one of the most popular web3 projects with over 5,000 users, according to Delphi Digital. Today (8/2), the Lens Profile NFT, which is the key to accessing this social network, reached a trading price of 79,3 USDC, an increase of over 20 times from a year ago.
It is not the first time Coinbase has taken an early “leak” of token information from a project. One of the previous large airdrops, Optimism (OP), was also posted on Coinbase’s platform even before the project announced it.
Many people are hoping that Lens Protocol will be a project with a large airdrop for users. Lens Protocol is a user identification protocol in the Web3 space with many utilities around it such as the Lenster social network and even the livestream platforms that are being built such as Dumpling.
In conclusion, the announcement from Coinbase about Lens Protocol has caused a stir in the community and many are looking forward to the potential airdrop and future developments in the Web3 space.
Read more:
- Chinese Internet Giant Baidu To Release Its Own ChatGPT Named ErnieBot (文心一言)
- Yves Saint Laurent Is Set To Make Its Debut In The Metaverse With The Use Of NFTs For Virtual Goods