Lens, a high-performance layer-2 blockchain developed by Avara for consumer apps, raised $31M led by Lightspeed Faction, and plans to launch Lens v3 in Q1 2025
The high-performance network with embedded powerful modular Social Features. Derek Andersen / Cointelegraph : Avara's Lens secures $31M for SocialFi-focused L2 blockchain Lens : Lens Closes $31 Million Strategic Raise. Nicholas Kitonyi / NFTgators : Avara Raises $31M to Build Decentralised Infrastructure for Social and Consumer Apps X: @factionvc : @zksync @AvailProject The Lens Network allows developers to speedrun building onchain social apps. Lens will fuel a new wave of onchain projects that deliver an exceptional user experience on par with web2 applications whilst also enabling net new UX, ownership and monetization options @lensprotocol : @AvailProject ... This investment will help accelerate the development and ecosystem expansion of Lens, the fastest, lowest cost, Ethereum network. We are building a scalable and frictionless experience through our best-in-class social and financial rails. Read more: https://www.lens.xyz/... @lensprotocol : We're excited to announce a $31 million strategic raise led by @FactionVC to fuel the rise of SocialFi. [image]