X (Twitter) Rival Lens Protocol Seeks $50 Million In New Funding

Decentralized social network Lens Protocol seeks to raise $50 million in new funding. The deal values the protocol at $500 million. Several other social media platforms are vying for X’s throne, including Bluesky and Mastodon. Lens Protocol, one of many decentralized social networks seeking to dethrone X (Twitter), is reportedly pitching U.S. venture capital firms

Source: Bitcoin World