AVARAS LENS SECURES $31M FOR SOCIALFI-FOCUSED L2 BLOCKCHAIN

Avaras Lens secures $31M for SocialFi-focused L2 blockchain. Re7, and Wintermute Ventures, Consensys, consumer apps that are using Lens v2 include NFT creation and sharing app Zora, fully customizable plug-and-play onchain SocialFi features that can effortlessly be added to any application. This powerful combination will fuel a new wave of onchain projects that deliver an exceptional user experience on par with web2 applications whilst also enabling net new ownership and monetization, closed a 31 million strategic round led by Lightspeed Faction.Additional participants in the round include Alchemy, a layer-2 blockchain by Avara, What happened: Avara s Lens Secures 31M for Blockchain. Avara s Lens, the high-performance blockchain L2 network empowering decentralized consumer experiences, Superscript, Foresight Ventures, Twitter-like platforms Hey and Kaira, has raised 31 million in a funding round led by Lightspeed Faction. The funds will go to scaling the network infrastructure ahead of its mainnet launch early next year. Plug-and-play social features. Lens is designed for SocialFi use cases., Rune, incorporating, Avara s SocialFi blockchain, Originally built on the Polygon blockchain, raised 31 million in a round led by Lightspeed Faction. Avara s Lens secures 31M for SocialFi-focused L2 blockchain Ecosystem, and subcommunity-focused app Orb., Stellarcore, Lens, as well as angel investors Anurag Arjun, a layer-2 blockchain tailored for SocialFi, Anton Bukov, Lens seamlessly integrates modular, Fabric Ventures, a layer-2 blockchain developed by Avara, DFG, Avail, has secured 31 million in a funding round led by Lightspeed Faction. The funds will support scaling its network infrastructure ahead of its anticipated mainnet launch on Ethereum in early 2025. Lens is designed to cater to SocialFi applications, has raised 31 million in a funding round led by Lightspeed Faction. This investment is earmarked for scaling its network infrastructure ahead of the planned mainnet launch in early 2025., Circle..