📢 Decentralized Social Media: Can Friend.Tech & Lens Protocol Disrupt Big Tech?
Social media is broken—Big Tech controls user data, censors content, and profits off creators. But a new wave of decentralized social media (DeSo) platforms, led by Friend.Tech and Lens Protocol, is challenging this monopoly. Can they disrupt Facebook, Twitter, and Instagram by putting power back into users' hands?
🚀 Friend.Tech: Turning Social Influence into Crypto
✅ Tokenized Social Engagement – Users can buy and sell “Keys” to interact with influencers.
✅ Monetization for Creators – Influencers earn directly from their communities without platform fees.
✅ Built on Base (Coinbase L2) – Leveraging Ethereum’s Layer 2 scalability for low-cost transactions.
✅ Explosive Growth – Peaked at $200M+ in trading volume, attracting crypto-native users.
Challenges:
❌ Speculation-Driven – Price volatility makes it risky for creators and users.
❌ Limited Features – Currently lacks traditional social media functionality.
🔗 Lens Protocol: A Fully Decentralized Social Graph
✅ Owned by Users – Content and connections are stored on-chain, not on a centralized server.
✅ Interoperable Apps – One profile works across multiple DeSo platforms.
✅ Creator Freedom – No ads, no shadow bans—users control their data.
✅ Built on Polygon (MATIC) – Fast, low-cost transactions for social interactions.
Challenges:
❌ User Adoption – Still niche compared to traditional platforms.
❌ Scaling Beyond Crypto Users – Needs mainstream adoption to compete with Big Tech.
💎 The Future of DeSo: Will It Replace Web2 Giants?
With Web3 social media rewarding creators and protecting free speech, Friend.Tech and Lens Protocol could be the start of a revolution. But can they break Big Tech’s stranglehold, or will they remain crypto niche experiments?
#FriendTech #LensProtocol #DeSo #Web3 #Crypto