AaveAAVE) has announced a new project called the Lens Protocol, which focuses on helping developers build social networking decentralized applications (DApps) on the Polygon (MATIC) blockchain.

The creators of the liquidity market protocol aim to combine Lens’ open-source Blockchain tech with nonfungible token technology (NFT). This will allow developers to build marketplaces and recommendation algorithms, as well as other applications. Aave says this will enable users to fully own their data and offer creators new ways to monetize.