Aave continues to grow its Lens Protocol ecosystem thanks to the acquisition of mobile metaverse Sonar. It thus joins the panel of Web3 social network applications offered by Lens.
Aave Companies Acquires Sonar
The diversity of Aave’s activities in social networks is not a secret and it is covered by the Lens Protocol. Aave Companies, the company that manages the development of the ecosystem, recently confirmed this ambition with the acquisition of Sonar :
The Aave Fam is growing! It’s no secret that our team is changing social media, with the Lens Protocol to put the power back to users, where it belongs.
— Lens Protocol 🌿 (@LensProtocol) December 5, 2022
Launched in 2020 and available on iOS, Sonar is intended as a mobile metaverse. Stani Kulechov, the founder of Aave expressed his enthusiasm for the arrival of this project in the Lens ecosystem:
“We are excited to have the Sonar team join our Lens team to accelerate our social media and mobile apps strategy.”
Until now, Sonar’s flagship product a collection of non-fungible tokens (NFT) called “Moji”. Mojis represent 3D emojis, which serve as avatars in Sonar games. According to OpenSea, the activity of this collection also benefits from the announcement of 51 sales in total for the day on Mondaywhile this amount rarely exceeded two units per day until then.
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A growing ecosystem
After six months of closed beta, the Lens Protocol has claimed over 105,000 user profiles and over 7.8 million gas-free transactions. Sonar should join the panel of applications surrounding the Lens Protocol, such as Lenster, Lenstube or Lensta for example, each with its own specifications.
Owners of a Moji NFT can also create their Lens profile in the next 14 days to join and experience the ecosystem.
For its part, the founding team of Sonar continue to work within the project. Randolph Lee, one of the co-founders, for example, became principal engineer, while his brother Ben South Lee assumed the role of vice-president of the “Products and Design” division. The latter is also proud of this new beginning:
“We love Aave’s approach to social media through the Lens protocol. It became clear to us that all the foundations to really change the way we connect online are in Lens. »
So we see with this latest news that Aave continues to lay his marbles, to become the mainstay of Web3, whose values are particularly important in the content creation dimension. In the decentralized aspect of finance (DeFi), we can also highlight great progress, especially the imminent arrival of the GHO stablecoin, or the adoption of the protocol by traditional financial giants such as JP Morgan.
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Source: Lens Protocol
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