What Happened on June. 9th | Lens Protocol Raised New Capital, but no Date Set for Public Release

TI Research

Aave’s Lens Protocol raises $15M. Lens has been in beta since May 2022 and has granted access to a handful of users thus far. The protocol has no exact date for public release.

Lens Protocol is a Web3 social graph on the Polygon designed to help creators to own the links between themselves and their community, forming a composable, user-owned social graph.

Learn More about Lens Protocol. See our article published last year.

Lens Protocol - The Game Changer for Social Media

Although the protocol has been in beta for over a year, it can only be accessed by a handful of users. Lens issued Profiles to the community by signing open letters and cooperating with project parties. It is not possible to freely obtain a Lens protocol profile for the public. Lens profiles obtained by other users are available for sale on Opensea at a floor price of around $0.1 ETH.

According to Stani Kulechov: “Our roadmap is going to continue to be on a beta phase for a while and down the line our goal is to completely open the protocol access, but for that to happen the infrastructure and ecosystem has to grow further,”

Biggest Gainers & Losers

Source:TokenInsight Gainers and losers


European Union's Crypto Asset Markets Law (MiCA) Officially Published: marking the beginning of a countdown for the implementation of groundbreaking crypto licensing regulations.

Hong Kong Monetary Authority Plans to Push Implementation of Retail e-HKD Ahead

Hot projects on the market

NFT AMM Protocol sudoswap Launches V2, with New Features Like On-chain Royalties

Ethereum Next Major Upgrade “Dencun” Scope Finalized

Other news in case you missed it:

Alibaba's E-Commerce Platform Deletes Content Regarding NFT Launch

OKB's 20th Round of Buy-Back & Burn Program Results in Over 5 Million $OKB Tokens Burned

Paradigm Comments on SEC's Proposal to Regulate DEX as Securities Exchange

Binance.US Suspends USD Deposits, to Pause USD Withdrawals as Early as June 13th

Curve Founder Michael Egorov Sued by Top VC ParaFi, Framework Ventures, and 1kx



Policy and Regulation

TI Research

TokenInsight is a data and research organization for the digital asset market. TI provides comprehensive asset-related data and comprehensive and timely information and research services for digital assets.

Use TokenInsight App All Crypto Insights Are In Your Hands