X (Twitter) rival Lens Protocol seeks $50M in new funding

Lens Protocol, one of many decentralized social networks seeking to dethrone X (Twitter), is reportedly pitching U.S. venture capital firms for up to $50 million in new funding. The deal values the protocol at $500 million, DL News reported. Also read: Farcaster Raises $150M for Decentralized Network Expansion Lens Protocol was founded in 2021 by

Source: Cryptopolitan