Other investors include General Catalyst, Blockchain Capital and Palm Tree, as well as Uniswap CEO Hayden Adams, OpenSea CEO Alex Atalla, entrepreneur Balaji Srinivasan and Polygon co-founder Sandeep Nailwal.
Lens Protocol is a composable and decentralized
social graph that uses smart contracts on the Polygon blockchain.
Platform users can create apps, communicate, and subscribe to other people's updates. Each account is a non-fungible token that provides profile management. NFTs contain "a history of all posts, mirrors, comments, and other content."
“By offering full [account] ownership and social capital to people, Lens aims to change how we create, share, and monetize value online,” a spokesperson for the project said.
The platform team will use the funds received to expand its ecosystem.