Onchain Social
summary
Lens goes permissionless profile mints, letting anyone mint and own an on‑chain profile; the protocol reports 250,000 profiles minted and roughly $1M treasury from mint and fee revenue. Over 400 projects (Orb, Hey, Tape.xyz among them) use Lens, with composable open actions and smart‑contract modules enabling on‑feed swaps, paid collects and programmable fee splits (LIP‑16). Architecture targets future scaling to 50M TPS and uses LIPs for community‑driven protocol changes.
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chapters (39)
- 0:00Introduction to Lens Protocol and Stani Kulechov
- 0:48Lens Goes Permissionless: What It Means
- 1:43Decentralized Social Network Vision
- 2:23Building Lens Protocol from Scratch
- 3:00Community-Driven Development Approach
- 3:38Transition to Permissionless Model
- 4:16On-Chain Profile Ownership Explained
- 4:50Growth Metrics After Going Permissionless
- 5:26Sustainable Protocol Fee Model
- 6:04$1M Treasury from Profile Mints
- 6:43Transparent Social Media Monetization
- 7:15Why Lens Has No Default App
- 7:48Protocol-First vs App-First Strategy
- 8:23Encouraging Application Diversity
- 8:59Emerging Lens Ecosystem Economy
- 9:35Portable Identity Across Apps
- 10:09Top Lens Apps: Orb and Hey
- 10:43400+ Projects Building on Lens
- 11:22Mobile-First Social Experiences
- 11:54Small Teams Can Build on Lens
- 12:30Video Apps Like Tape.xyz
- 13:01Open Actions: Protocol Extensions
- 13:35Smart Contract Social Features
- 14:10Governance and Trading in Feeds
- 14:44Programmable Revenue Sharing
- 15:15Improving Lens Through LIPs
- 15:54Community Governance Framework
- 16:28Lens Improvement Proposals (LIPs)
- 17:06Team and Community Collaboration
- 17:41Monetization Sharing (LIP-16)
- 18:14App-to-App Fee Distribution
- 18:49Economic Alignment in Ecosystem
- 19:23Can Decentralized Social Scale?
- 19:58Technical Scaling Solutions
- 20:3450M TPS Future Architecture
- 21:06Comparing to Twitter's Peak Load
- 21:38Rebuilding Internet with Ownership
- 22:16Creating New Social Experiences
- 22:47Compounding Network Effects
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