Mikko Ikola (@ikola) • Hey
Passionate about web 3, blockchain and disruptive protocols in the decentralized world
Publications
- Dear Lens fam, what is the Future of Social for you?
At t2, we believe the future social networks should revolve around our values, not just what grabs our attention. We want to foster meaningful connections with others, share what helps us achieve our goals, and enjoy articles that empower us.
We have witnessed how the Lens community celebrates genuine creativity and friendship. We believe our values and mission align closely with those of the Lens community. So, we are excited to bring a new type of writing and reading platform to @lensprotocol, starting with our manifesto. manifesto.t2.world
⏳ If you are on board with this vision, **sign the Manifesto** with your value propositions and complete all steps. You will receive a personalised card to showcase your values and **early access to the t2 alpha product**.
**If you are a writer, follow us and comment below with your favourite piece of writing by you. We will follow back!**
- LENS protocol (@lensxyz.lens) is an open social graph protocol for web 3. You must already know the basics as you're reading this on @lenster.lens.
**But how does Lens work - What are the main components? How to build on top of Lens?**
I summarized Lens docs. Here's a summary:
**First of all, what is Lens protocol?** Lens protocol is a user-owned, open social graph that any application can plug into. It's composable and decentralized, ready for you to build on so you can focus on creating a great experience, not scaling your users.
**With Lens you:**
Own your content.
Own your social graph.
Own your data.
As of 18th May 2022 Lens Protocol is officially live on Polygon mainnet. Minting profiles is still whitelisted to early community members.
So, at the protocol level, how does LENS work?
**Let's start with Lens Profile NFT:**
**Lens Profile NFT** - When you create your own profile in LENS, it is actually an NFT minted inside your wallet. Ownership over this NFT gives you control of your Publications.
Profile NFT owners can publish Publications under their Lens NFT Profile. Your content (Publications) are connected to your Lens Profile NFT.
**What is Publication exactly?** It can be a Post, Comment or Mirror. Mirror means ‘reposting’ or ‘retweeting’.
Publications have a ContentURI, which points to the specific content. This can be e.g. text, image or video. It can be stored in a decentralized protocol such as IPFS or Arweave, or in a centralized way like in AWS S3.
Publications also have two attached modules: 1) Collect module, and 2) Reference module. More about these soon.
**To step back a bit, LENS consists of three types of modules:**
1) Follow module
2) Collect modules
3) Reference modules
**LENS has a modular design, and more modules can be created.**
Let’s examine every module one by one.
**1) Follow module** — following a profile sounds like a simple action, but LENS extends this concept.
When you follow a Profile, “Follow NFT” is created in your wallet. Follow module also allows a unique logic. For e.g. you would need to pay a fee when following somebody’s profile.
Technically speaking, logic contract determines the logic that must be executed when a wallet attempts to follow the given profile. Profiles NFTs can be attached with a particular Follow module logic.
The logic can e.g. determine if a user attempting to follow the profile should be issued a Follow NFT or not. There could be a fee or other check - your imagination is the limit here.
**2) Collect module** — this module allows creators to monetize their content. Because creators own their content via the LENS protocol, they can allow their followers to purchase that content.
The Collect module contains logic that allows other users to mint your Publication into an NFT. This NFT will reference the original Publication’s URI.
**3) Reference module** — this module contains logic that determines who can comment or mirror a new comment. Since comments reference other Publications, they are subject to the original Publication’s Reference module conditions.
For example, Publication could have a Reference module that limit comments only to accounts who follow the original poster. In this case, the commenter who does not hold a Follow NFT, would fail his transaction to comment.
Now we’ve covered the three main modules of LENS: Follow module, Collect module and Reference module. Again, LENS is modular, and more modules can be created. There is a lot of room for imagination how social platforms of web3 will look like and how content can be monetized.
**And that leads us to the final part of the article: LENS built-in governance.**
LENS has governance features built-in. These enable social coordination innovations, e.g. how DAOs can be coordinated.
As an example, you could create a Social DAO using LENS. How? D you remember the “Follow NFTs” we talked about earlier? They contain governance capabilities, such as vote delegation. Creators, DAOs, etc can create different voting strategies.
**For example, there could be a following logic:** “The first 1000 follows have five vote each”, “The longer you have followed, the more voting power you have”, “You are required to follow certain project's every core contributor to be able to vote”
To create a DAO, from a tech perspective, all you need to do is to deploy a contract that interfaces with Follow NFT’s built-in functionality. The contract should allow proposal creation, and interface Profile’s Follow NFTs to read governance power (at suitable blocks for voting)
**There are already 50+ applications built on Lens.** Such as @lensfrens.lens (built by @LensProtocol team), @lenster.lens @phaverapp.lens @irisappxyz.lens @clipto.lens @zilly.lens
**Lens has comprehensive documentation at https://docs.lens.xyz -** I have merely done some copy + pasting & simplification in this article.
If you found this article useful, feel free to Mirror (repost) or even Collect for tiny support :-) Love love, hugs hugs, lens lens.
- Listening LENS #1 community call on Twitter Spaces. Well-facilitated with true bottom-up focus: bringing the devs/founders on stage sharing how it is to build on LENS. https://twitter.com/i/spaces/1jMKgLWpDgwGL
[Happening now: Lens 🌿 F.A.M. 🫶 community call](https://twitter.com/i/spaces/1jMKgLWpDgwGL)
Lens Protocol 🌿’s Space · 3.2K listening · Where live audio conversations happen
- 10k early bloomers on Lens Protocol 🌿 Congrats fam. 🎉 Collect this post to celebrate web3 social 🥳
- Hello world. Testing Phaver
- Web3 today centers around expressing transferable, financialized assets, rather than encoding social relationships of trust. Yet many core economic activities—such as uncollateralized lending and building personal brands—are built on persistent, non-transferable relationships. In this paper, we illustrate how non-transferable “soulbound” tokens (SBTs) representing the commitments, credentials, and affiliations of “Souls” can encode the trust networks of the real economy to establish provenance and reputation. More importantly, SBTs enable other applications of increasing ambition, such as community wallet recovery, sybil-resistant governance, mechanisms for decentralization, and novel markets with decomposable, shared rights. We call this richer, pluralistic ecosystem “Decentralized Society” (DeSoc)—a co-determined sociality, where Souls and communities come together bottom-up, as emergent properties of each other to co-create plural network goods and intelligences, at a range of scales. Key to this sociality is decomposable property rights and enhanced governance mechanisms—such as quadratic funding discounted by correlation scores—that reward trust and cooperation while protecting networks from capture, extraction, and domination. With such augmented sociality, web3 can eschew today’s hyper-financialization in favor of a more transformative, pluralist future of increasing returns across social distance.
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4105763
- This post will age well.
- Hello world! :-) First post in Lenster. So far so smooth.