ALDEA es una DAO u Organización Autónoma y Descentralizada.

Nuestra Misión es facilitar el cambio en América Latina mediante la creación de un ecosistema que le permita a las personas unirse, comunicarse, auto-gobernarse, producir y comerciar como una Comunidad Autónoma y Descentralizada, sin intermediarios y sin organismos centrales que puedan ejercer cualquier tipo de censura en estas interacciones.

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ALDEA_1_181da8cc90.jpeg

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ALDEA

<img src="/site/uploads/2022/Sep/01/emurgo-hackathon.png" alt="">
			
				
					
						In essence, we seek to exercise with honor the noble task of providing
education to people who seek to govern their own destiny, to make their
communities worthy places to inhabit, and to restore to the world the
decency lost in a deliberate exchange of profit for principle. We are simply
educators whose goal is to put in the hands of our students the tools that
will enable them to design their own solutions to their own problems. And
without fear of admitting it, over time, we have become better and better
at it, around a purpose that is stronger than ourselves, a purpose that
drives us to encourage, promote and support educational initiatives in line
with our values and beliefs, no matter where they occur. Our mission is
global.

						One of these initiatives is the Cardano Hackathon in Argentina (proposal
funded by Project Catalyst in Fund 8) that will take place this weekend
(September 3 - 4, 2022) at the National Technological University (UTN) in
the city of Buenos Aires, to which we have been invited by ADA Solar
(organizer), and in which we have gladly accepted to actively participate
as sponsors, along with other respected sister organizations of the
Cardano ecosystem. This decision was not taken lightly: ADA Solar's&nbsp;strategic plan is to give back to the world the good they have received
from Cardano both in the energy sector (their goal: to be Cardano's first
solar power plant) and educational (they held the Cardano Summit 2021 in
Buenos Aires and have a consistent track record of promoting and
executing various educational days on our blockchain).It will be two days of educational celebration that will bring together
academics (including the director of the UTN; Dr. Lars Brünjes, Director of
Education of IOG; Bharat Mallapur, CTO of EMURGO Academy, Robertino
Martinez of IOG, the Marlowe team, among others), industry professionals,
media in the region, public in general, all around the engine of innovation
and creativity of any human enterprise: the students.The location of the event is no less special: Argentina is the representative
of a Latin American region that is beginning to awaken as a prominent
consumer of blockchain infrastructure, as abundant in social and
economic problems as in the potential to see its legacy systems rethought
by the change proposed by our technology. A tour of Latin America, from
south to north, makes it clear that it is not a question of how, it is a question
of when. And that when is clearly taking more and more strength.From EMURGO Academy we send to the organization and the participants
of the event our best wishes, predicting from now on the success of the
event. To the winners of the competition our congratulations in advance.
Events of this kind contribute decisively to accelerate the understanding
and awareness of innovative technologies such as Blockchain. Education
has always been a bridge between the fear of the present and the hope for
a better future. In the end, the winners are all of us.Details of the event:
			
				
					
						<ul>
							<li>The two-day Hackathon will be from September 3 to 4, 2022. </li><li>
								The opening ceremony will be held in the Aula Magna of the National
Technological University (UTN), Buenos Aires Regional Faculty (Av.
Medrano 951, Buenos Aires, Argentina).

							</li>
							<li>
								The total prize pool for the Hackathon is $10k:

								1stPrize: $5k
2ndPrize : $3k
3rdPrize: $2k

							</li>
							<li>
								EMURGO Academy will offer its flagship Cardano Developer
Professional Training program as a prize for the top 3. Each program
is valued at $1200 USD. Our total contribution: $3600 USD.

							</li>
							<li>
								The event will be live-streamed. Watch Individuo Digital, Latin Stake
Pools. Updates to the event will be reported through Cardano Feed.

							</li>
							<li>
								Other sister organizations supporting the event:

								ADA Solar 
National Technological University (UTN)
Input Output 
Project Catalyst 
Genius Yield 
anetaBTC 
TosiDrop 
Hoskiy 
Apollo 
Innovatio 
Individuo Digital 
Latin Stake Pool 
Cardano Feed</li>
						</ul>
					
				
				
				
				
				
				
				
				
				
				
				
				
				
				
				
				
				
				
				
				
			
		
			
				
					
						Cointelegraph
LATAM Community
RootsID 
Tango Crypto
Aldea 
Topo Labs 
RatsDAO
Apprentices 
Token Allies 
World Mobile Token
Snapbrillia 
Tx Pipe 
ADA Link 
Atix Labs

						About EMURGO Academy:

						EMURGO Academy - An Educational Venture Of EMURGO

						<a href="https://education.emurgo.io/" target="_blank">EMURGO Academy</a> was founded in 2019 as an initiative to support
EMURGO's mission of further building the community and driving
awareness around innovative technologies. The aim is to bridge the big
gap between academics and industry skills as well as probing new ways to
implement innovative technologies for business benefits. Established as an
educational venture, EMURGO Academy focuses on incubation, training,
and evangelizing Cardano Blockchain technology.

						At EMURGO Academy, we are committed to imparting world-class
education accentuating learning from a fundamental level. Our close
relationships with industry experts and our expertise in Cardano blockchain
R&amp;D help us curate business and technical programs for entrepreneurs,&nbsp;students, developers, business heads, CXOs, and individuals of all
experience.&nbsp;

Cardano Feed

EMURGO Academy is official sponsor of the Cardano Hackathon in Argentina. Proposal funded by Project Catalyst in Fund 8

<div data-id="163882" data-title=" Falcon Stakepool [FALCO]" data-slug="https://en.cryptonomist.ch/2022/08/07/cardano-spo-column-falcon-stakepool-falco/">This week&rsquo;s guest on the Cardano SPO Column is a stake pool that is working on ALDEA, a DAO for spanish speakers: <a rel="nofollow noopener" target="_blank" href="https://cexplorer.io/pool/pool12r08n33avu33ncstukwxyr440mgaazmuclay38v0yt34xytu2dq">Falcon Stakepool [FALCO]</a>.<a rel="nofollow noopener" target="_blank" href="https://en.cryptonomist.ch/2022/07/31/cardano-spo-column-token-stake-pool-token/">Last week&rsquo;s guest</a> was a stake pool operated by someone who has been in the crypto space since 2011.This initiative is a point of reference for everything Cardano and every week or two we will invite a Stake Pool Operator (SPO) to answer some questions and give us an update directly from within the Cardano community.Considering that many of our readers are new to the crypto space, we will have a mix of simple and technical questions.<h2>Cardano SPO Column, interview with Falcon Stakepool [FALCO]</h2><figure id="attachment_163884" aria-describedby="caption-attachment-163884"><source type="image/webp" srcset="https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaSPO_071-1024x341.jpg.webp 1024w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaSPO_071-300x100.jpg.webp 300w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaSPO_071-800x267.jpg.webp 800w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaSPO_071-450x150.jpg.webp 450w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaSPO_071-195x65.jpg.webp 195w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaSPO_071-96x32.jpg.webp 96w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaSPO_071.jpg.webp 1500w" sizes=" 1024px) 100vw, 1024px"></source><img loading="lazy" src="https://cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaSPO_071-1024x341.jpg" alt="Cardano SPO [FALCO]" width="1024" height="341" srcset="https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaSPO_071-1024x341.jpg 1024w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaSPO_071-300x100.jpg 300w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaSPO_071-768x256.jpg 768w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaSPO_071-800x267.jpg 800w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaSPO_071-450x150.jpg 450w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaSPO_071-195x65.jpg 195w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaSPO_071-96x32.jpg 96w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaSPO_071.jpg 1500w" sizes=" 1024px) 100vw, 1024px">Cardano SPO [FALCO] is working on many projects within the ecosystem</figure><h3>Hi, thanks for your time. Tell us something about yourself, where are you based and what is your background?</h3>First of all thanks for this interview and for the interest shown in FALCO and the projects we are developing. My name is Mat&iacute;as and I&rsquo;m from Buenos Aires, Argentina. Currently I&rsquo;m based in Melbourne, Australia. I am a Senior Tech Lead and Backend Engineer with 12+ years of experience in IT development and production support in the Banking Industry. I work as Blockchain Engineer for an Australian company, where I am responsible for researching, designing, implementing and supporting all blockchain-based solutions using mostly Algorand.I am Founder &amp; Operator of Falcon Stakepool, a pool that leads many different initiatives in the Cardano space, being ALDEA the main one, as it represents the values &#8203;&#8203;that we want to encompass and aims to generate greater participation by the Spanish-speaking community.<h3>What&rsquo;s the path that led you to Cardano and to become a Stake Pool Operator (SPO)?</h3>It&rsquo;s been a long ride, for sure. At first I got interested in blockchain technology around 2019, and I decided I wanted to reorient my efforts into this industry. I became an SPO in October 2020. I learnt about Cardano after reading about Blockchain 3.0, and got captivated by the idea of building a new financial system.&nbsp;I immediately fell for its mission and wanted to do as much as possible to support the network. I found the perfect opportunity to do so by creating the first Stake Pool 100% dedicated to promoting the adoption of Blockchain, cryptocurrencies and smart contracts in Latin America.&nbsp;<h3>You&rsquo;re working on several projects on Cardano, please introduce them and explain what they do.</h3>Stake pool operation is a business itself, with its own complexity, and my personal vision includes working on projects that raise awareness. Like any small business &ndash; and that&rsquo;s what this is &ndash; it requires clear objectives, and goals that add value to the community.I am actually working on <a rel="nofollow noopener" target="_blank" href="https://aldea-dao.org">ALDEA</a>, a DAO for Spanish speakers to collaborate and solve local problems. <a rel="nofollow noopener" target="_blank" href="https://wallet.gamechanger.finance/">GameChanger</a>, which is in my opinion the best wallet for developers, entrepreneurs, students or anybody who wants to have a great user experience on the Web. I am also working on <a rel="nofollow noopener" target="_blank" href="https://mayz.io/">MAYZ Protocol</a>: a decentralised finance protocol that aims to simplify the challenges of managing a well-diversified portfolio in a fast-evolving ecosystem and bring Cardano exposure to a wide range of different investors.All these projects are 100% aligned with the mission and the vision of my pool, since they are focused on solving real problems to help people, with a particular focus on Latin America. And, as a recognition for all these contributions to the ecosystem, Falcon was selected by IOG on its Delegation Strategy, in May 2021, and in April 2022 we were selected again, this time by the Cardano Foundation.However, nothing can be achieved alone: I had the chance to work with a great team of SPOs, such as MOXIE, QXT, CHIL, WHITE, <a rel="nofollow noopener" target="_blank" href="https://en.cryptonomist.ch/2022/07/24/cardano-spo-column-one-pool-one1/">ONE1</a>, <a rel="nofollow noopener" target="_blank" href="https://en.cryptonomist.ch/2022/05/01/cardano-spo-column-topo-pool-topo%E2%9A%A1/">TOPO</a>, APOLO, PEACE, TANGO and ITZA, to name a few.<h3>You&rsquo;re committed to promoting the adoption of blockchain and smart contracts in Latin America, how is it going? Is Cardano gaining traction there?</h3>The adoption of blockchain and crypto in general I think is doing well in Latin America. Without a doubt, the most active community there is Ethereum&rsquo;s. Cardano is getting more traction but I think we won&rsquo;t see many use cases of its technology there until 2028.&nbsp;This may seem a pessimistic vision but I think it is more of a realistic one, since it is very early for Cardano: we are still defining the foundations of what we believe should be a much better and fairer system for everybody willing to take part in it. This is why more projects like our pool are what we need to raise awareness about everything that can be learned and achieved by using the Cardano network.<h3>Awesome. Any final words? Where can people find you?</h3>As previously mentioned, I wanted to thank you for the opportunity to share some of our work, as these kinds of opportunities are very important for small pools like mine. We are fueled by content writers and we are proud to use their words and our own vision to invite anyone interested to get involved.&nbsp;It is important to mention that when you have a vision of this magnitude, you have to establish objectives and understand the work around them. Surround yourself with people who share your vision with responsibility and ethics, and above all, have the support of your beloved ones. FALCO develops various projects and is also part of a much larger vision itself, which aims not only to be a spokesperson for Cardano&rsquo;s values, but also to grow in this ecosystem until it has its own voice.If you are interested in learning more about my pool, you can visit <a rel="nofollow noopener" target="_blank" href="https://falconstakepool.com">my website</a>. If you want to participate (delegate) with FALCO, we encourage you to do so! The stake pool node does all its job on your behalf. As the Cardano Foundation states, &rdquo;stake pools are responsible for processing transactions and producing new blocks and are at the core of Ouroboros, the Cardano proof-of-stake protocol&rdquo;.For any enquiry or doubt you may have about Cardano or blockchain in general, you can find me on <a rel="nofollow noopener" target="_blank" href="https://t.me/FalconStakepool">Telegram</a> or you can also follow me on <a rel="nofollow noopener" target="_blank" href="https://twitter.com/FalconStakepool">Twitter</a>.See you all on the next block!Disclaimer: The opinions and views of the SPOs are their own and do not necessarily reflect those of the Cardano Foundation or IOG.</div>Source: https://en.cryptonomist.ch/2022/08/07/cardano-spo-column-falcon-stakepool-falco/

BitcoinEthereumNews

Cardano SPO Column: Falcon Stakepool [FALCO]

<div data-id="e952756" type="widget" type="theme-post-content.default"><div>Something curious appeared this week on NFT marketplace OpenSea: a <a href="https://opensea.io/assets/ethereum/0x495f947276749ce646f68ac8c248420045cb7b5e/101384670028251040624379703957067301496215794066136880463632652255105021640705" target="_blank" rel="noreferrer noopener">$26.5M building</a> in one of New York City&rsquo;s most fashionable neighborhoods.The seven-story building in Manhattan&rsquo;s Flatiron District includes ground-level retail space with apartments above. The seller, <a href="https://okadaco.com/nft" target="_blank" rel="noreferrer noopener">Okada &amp; Company</a>, has been in the commercial real estate business for almost 60 years, CEO Chris Okada told The Defiant in an interview Friday afternoon.<div><figure><img src="image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E" data-src="https://lh3.googleusercontent.com/c4ToUeOo24Ke7hhTzVxnfwdWGjhwMAEcgmhNHCwzxHCuvV-EVB2GoaGEjjm5vdULVGBzbcMeczSHZUZfV68jkzFTuiKbnk5VZ0V5o0vtf9UTihn42BAJX29axl_d_dkjQXUCxt_Co6Z-EQV3zw" alt="">109-111 West 24th Street, New York, NY</figure></div>&ldquo;It&rsquo;s blowing up,&rdquo; he said with a laugh. &ldquo;I&rsquo;ve done things that went a little viral but this went, like &mdash; I got calls from Norway, people reached out from Korea.&rdquo;If sold, 111 West 24th Street <a href="https://therealdeal.com/miami/2022/02/19/tampa-area-home-billed-as-first-in-us-to-be-sold-as-an-nft/#:~:text=The%2520Gulfport%2520home%2520was%2520expected,by%2520the%2520firm%252C%2520Karayaneva%2520said." target="_blank" rel="noreferrer noopener">wouldn&rsquo;t be the first property to be purchased on the blockchain</a>, but it would almost certainly be the most expensive, the splashiest.<h4>&lsquo;Future of Real Estate&rsquo;</h4>Crypto natives hailed the move on Twitter this week, calling it the <a href="https://twitter.com/danielgothits/status/1532427235042308096?s=20&amp;t=lJ9GL1bonzCxgnaSE3qssw" target="_blank" rel="noreferrer noopener">future</a> <a href="https://twitter.com/benjicohen421/status/1532447381278674945?s=20&amp;t=lJ9GL1bonzCxgnaSE3qssw" target="_blank" rel="noreferrer noopener">of</a> <a href="https://twitter.com/Stackin_Sats/status/1532427913622081546?s=20&amp;t=lJ9GL1bonzCxgnaSE3qssw" target="_blank" rel="noreferrer noopener">real</a> <a href="https://twitter.com/ZigaKairos/status/1532231365210537984?s=20&amp;t=lJ9GL1bonzCxgnaSE3qssw" target="_blank" rel="noreferrer noopener">estate</a>.&ldquo;This is unironically one of the best use cases of NFTs,&rdquo; <a href="https://twitter.com/KDX_Frogman/status/1532752717084430336?s=20&amp;t=lJ9GL1bonzCxgnaSE3qssw" target="_blank" rel="noreferrer noopener">wrote</a> Grant Gerber, the chief governance officer at Kaddex.Naturally, there was no shortage of online haters.&ldquo;Yes. You get the property after buying the NFT,&rdquo; <a href="https://twitter.com/ChrisOkada/status/1532519678123319299?s=20&amp;t=lJ9GL1bonzCxgnaSE3qssw" target="_blank" rel="noreferrer noopener">Okada t</a>weeted, in response to those who thought it was some kind of scam. &ldquo;Yes you can live in the building. Yes you can rent it out. It&rsquo;s not just an expensive jpeg.&rdquo;There were other questions as well. Why sell an IRL building as an NFT? What&rsquo;s wrong with the traditional method of buying property?Okada&rsquo;s rejoinder: &ldquo;If web3 is going to happen,&rdquo; as he put it, then we need to learn how to integrate the blockchain with existing government infrastructure that records the transfer of property. The sale is, as much as anything else, a stunt of sorts: an attempt to draw attention to the yawning gap between the blockchain and New York&rsquo;s Automated City Register Information System, or <a href="https://www1.nyc.gov/site/finance/taxes/acris.page" target="_blank" rel="noreferrer noopener">ACRIS</a>.Indeed, the OpenSea listing warns potential buyers: &ldquo;Due to the nature of real estate sales, the sale of the NFT does not warrant the completion of the real estate transaction, or reflect the transfer of the deed or title.&rdquo;Okada described it instead as a &ldquo;ticket&rdquo; &mdash; or, perhaps more accurately, a promise &mdash; to transfer the deed to the property. After the NFT is purchased, the money will be held in escrow &ldquo;which the buyer&rsquo;s team still controls.&rdquo; It will stay there until the standard process required for the transfer of real estate is complete and the purchase is logged in ACRIS.Okada is a believer in crypto and has styled his family-run firm as friendly to the industry.&ldquo;We&rsquo;ve got over 40 office buildings in all the popular crypto zip codes!&rdquo; <a href="https://okadaco.com/blockchain-crypto-companies-in-nyc" target="_blank" rel="noreferrer noopener">its website boasts</a>.But the sale is also a lesson in the vagaries of the crypto market.&ldquo;There&rsquo;s so much fraud around the NFT space right now,&rdquo; he lamented. &ldquo;If you search OpenSea [for] Chris Okada, there&rsquo;s already like three or four fake accounts &hellip;&rdquo;It has also shined a spotlight on the volatility of the crypto market. When originally listed on OpenSea, the asking price, 15,000 ETH, was worth about $29.5M. By Friday afternoon, that had dropped to about $26.3M, a drop Okada called &ldquo;crazy&rdquo;.The building was purchased in November 2021 for $16.5M and underwent a gut renovation. If it were to sell for $26M, Okada would consider it a successful exit. &ldquo;If it continues to drop, that&rsquo;s when we&rsquo;ll have an issue,&rdquo; he added. &ldquo;We&rsquo;ll pull the listing very quickly.&rdquo;Nevertheless, Okada is excited about the response the listing has generated.&ldquo;The community is really, really, really excited about utility, and that was one of those most positive things that came out of this whole experience,&rdquo; he said. &ldquo;This is the kind of utility NFTs need, not just pretty pictures, (but) true, real-life applications that can make a difference.&rdquo;</div></div>

The Defiant

$26.5M NYC Building Listed on OpenSea

<div data-id="e952756" type="widget" type="theme-post-content.default"><div>The team behind DeFi mainstay Aave has launched <a href="http://lens.xyz" target="_blank" rel="noreferrer noopener">Lens Protocol</a>, a decentralized social graph that allows developers to build web3 social media platforms all run on the Polygon network. Using Lens, users can mint a profile, follow others, and create and collect posts all on-chain.As of May 18, anyone can follow a Lens profile, but the only people able to create a Lens profile are the 30,000 original signers of Lens Protocol&rsquo;s open letter &ndash; including big names in crypto ranging from Royal co-founder <a href="https://twitter.com/3LAU" target="_blank" rel="noreferrer noopener">3LAU</a> to crypto influencer <a href="https://twitter.com/Cooopahtroopa" target="_blank" rel="noreferrer noopener">Cooper Turley</a>.Readers may recall that we provided instructions on <a href="https://thedefiant.io/lens-web3-social-media/" target="_blank" rel="noreferrer noopener">how to sign the open letter</a> back in February.<div><figure><img src="image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20701%20253%22%3E%3C/svg%3E" data-src="https://lh5.googleusercontent.com/AT61DUb9EDW8NVd6o7c5tZDzxDCCWgn96jbqwqK8wt54LT8Cl317_qI8ZtSdbcj-acvv9LZ2_MhxWesZlV6TxZ4bXwQ5LTixo-g9C4FsQexrzm_33NQt3iB_LCa75CiayHkZmJ6elWCUv0W1sg" alt="" width="701" height="253">Source: Lens</figure></div>Although minting profiles is currently closed, Aave founder Stani Kulechov assured The Defiant that there are plans to open access to more wallets in the future.Thus far, there are several apps powered by Lens like <a href="https://www.lensfrens.xyz/" target="_blank" rel="noreferrer noopener">Lensfrens</a>, an app to discover and follow other Lens profiles based on similar wallet transactions.&nbsp;&nbsp;<div><figure><img src="image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E" data-src="https://lh4.googleusercontent.com/6jqI8q1zr_ZCRVcXwCP5JmuBklXWqPYNVRTxKgDt3V9MtyHIBSuyWUr0SnizR62kZaM1f7kyN7xdWIsDUTq4KWihjbKgfQZalDeapk2jp1fOOY3ouGytp_xD-b2XLRjrsSOdKJsoLAGuc-VVoA" alt="">Source: lensfrens</figure></div><h4>$250,000 In Developer Incentives</h4>To increase growth, Lens is offering <a href="https://mirror.xyz/lensprotocol.eth/EfvqawsXu7tsOsGbaRD4G_aC5h9V1yopNMBqLoDQfE4" target="_blank" rel="noreferrer noopener">$250,000 in grants</a> to developers to build new apps on Lens; potential ideas range from a <a href="https://ideas.lens.xyz/curator" target="_blank" rel="noreferrer noopener">curation</a> app to a <a href="https://ideas.lens.xyz/gaming" target="_blank" rel="noreferrer noopener">gaming</a> app.<div><figure><img src="image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E" data-src="https://lh3.googleusercontent.com/41I5nU6HMR0YJs3rNUTa4CCcFYATY7lK9DVVAtLV4uUMR9fPeTNqmGnIvK-SguRhkWYQHJ1kLsAR9HPjy6mU_6jqOlzIO_YR1L7JUfjzg_EfLW9ooDKjny1QjNp7cWuQhAmRhR6t19Yqqspnpw" alt="">Source: Lens</figure></div>The launch of Lens Protocol comes less than a month after Aave founder Stani Kulechov was temporarily suspended from Twitter for tweeting a joke that he was the new interim CEO of Twitter.<figure>&ldquo;From now on you own your profile, the content you create and your social network&rdquo;<cite><a href="https://twitter.com/StaniKulechov/status/1526918556339904512?s=20&amp;t=gu1TPUGev8lFCnC3A-EGqw" target="_blank" rel="noreferrer noopener">Stani Kulechov</a></cite></figure><h4>Decentralized Social Media</h4>Lens is not the first attempt at decentralized social media.&nbsp;&nbsp;<a href="https://thedefiant.io/bitclouts-insiders-only-pre-launch-overshadows-social-media-revamp/" target="_blank" rel="noreferrer noopener">BitClout first launched publicly</a> in March 2021 before rebranding to DeSo in September.&nbsp; DeSo uses the DESO token and runs on the DeSo blockchain, allowing developers to build social media platforms all running on the same blockchain.&nbsp;&nbsp;This means that DeSo users can use different platforms with different algorithms, but their posts, likes, and comments still travel to each platform.&nbsp; It&rsquo;d be like if your Facebook friends were immediately imported into Twitter when you signed up &ndash; except you wouldn&rsquo;t have to sign up because it was all built on the same blockchain.Due to the similar nature of the projects, there is obviously some tension.Lens Protocol&rsquo;s Kulechov told The Defiant that whereas DeSo is &ldquo;focused on creator coins and the speculative nature of social clout [,] Lens protocol is an open-sourced tech stack for building social apps, and is more focused on helping give ownership of user accounts, followers and content back to the people.&rdquo;&nbsp;Regarding Lens Protocol, investor and DeSo member <a href="https://twitter.com/DylanJaggerLee" target="_blank" rel="noreferrer noopener">Dylan Lee</a> told The Defiant that &ldquo;unfortunately the tech is ngmi [not going to make it&hellip;] you can&rsquo;t build a social network on a general-purpose blockchain.&rdquo;&nbsp; While Lee said it is &ldquo;awesome to see others building in the space&rdquo;, he believes Lens Protocol won&rsquo;t scale due to gas fees and the need to sign transactions for everything.Aave&rsquo;s Kulechov assured The Defiant that Lens Protocol &ldquo;is super scalable and will improve over time as the technology evolves.&rdquo; &nbsp;</div></div>

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