Skip to content

Kamingo

Menu
  • NFT
  • CRYPTO
  • TRADING
  • METAVERSE
  • MONEY
Menu

Aave acquires Sonar, a mobile metaverse project

Posted on December 6, 2022

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.

Web3 et réseaux sociaux : Aave rachète Sonar, un projet metaverse pour mobiles

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.

To further our mission, we are pleased to announce the acquisition of @Sonara mobile-first metaverse. pic.twitter.com/qlRTUFq1SO

— 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.

👉 To continue – Find our AAVE token guide

The reference platform to buy and sell more than 600 cryptos

10% off your payment with code SVULQ98B 🔥

toaster icon

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.

👉 On the same topic – Check out our interview with Marc Zeller on the latest from Aave

Join the Experts and a Premium Community

iRO

Invest in your crypto knowledge for the next bullrun

toaster icon

Source: Lens Protocol

Newsletter 🍞

Receive a summary of crypto news every Monday via email 👌

What you need to know about affiliate links. This page presents properties, products or services related to investments. Some links to this article are included. This means that if you buy a product or register a site from this article, our partner pays us a commission. This allows us to continue to offer you original and useful content. There is no effect on you and you can still get a bonus by using our links.

Investments in cryptocurrencies are risky. Cryptoast is not responsible for the quality of the products or services presented on this page and cannot be held responsible, directly or indirectly, for any damage or loss incurred after using a good or service promoted on this page. article. Investments related to crypto-assets are risky in nature, readers should do their own research before taking any action and invest only within the limits of their financial capabilities. This article does not constitute investment advice.

AMF recommendations. There is no guarantee of high returns, a product with high return potential involves high risk. This risk taking should be consistent with your project, your investment horizon and your ability to lose part of this savings. Do not invest if you are not prepared to lose all or part of your capital.

To continue, read our Financial Situation, Media Transparency and Legal Notices page.

author profile photo

I timidly discovered the world of blockchain at the end of 2018 during my search for financial freedom. At first invested modestly, it was only two years ago that I gambled to bet everything on the movement that had formed before. I dedicate 2021 to train myself better to gain more knowledge and seriousness. As I always like to say: I still have a billion things to learn. And what I know, I want to share with you.

Vincent Mayor

388 items

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
  • DMCA
©2023 Kamingo | Design: Newspaperly WordPress Theme