Recently, Lens Protocol unveiled the latest version of its platform called version 2. This upgraded version introduced an improved external smart contract capability called “Open Actions” and incorporates the ERC-6551 token standard.
The standout feature of Lens version 2 is the inclusion of “Open Actions,” which empowers users to execute external smart contract actions directly within their content posts on Lens.
For instance, this functionality enables users to create non-fungible tokens (NFTs) on an OpenSea contract directly from the content they publish on Lens.
The Lens Protocol team expressed their excitement about this significant update, emphasizing that “by plugging into any web3 social application and supporting two-way integrations, Lens Open Actions extends the composability and modularity of Lens itself.”
The latest version of Lens Protocol brings integration with the ERC-6551 token standard, allowing for expanded possibilities in the realm of NFT ownership.
This integration enables NFTs to be linked with other assets and seamlessly interact with various applications.
With this improved framework, NFT ownership can now be assigned to profiles rather than specific addresses, granting them advanced integration capabilities.
Considering metaverse, virtual lands can be programmed to possess their own Lens profiles and interact with the users residing in those lands.
In June, Lens Protocol garnered attention with the announcement of a successful $15 million funding round led by IDEO CoLab Ventures, further supporting their mission to innovate in the social media space.
Additionally, the team is actively developing Momoka, a blockchain scaling solution that aims to store social media transaction data off-chain while ensuring its verification on-chain. This addresses the challenges associated with scalability and efficiency.
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