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<h4>Do you fancy crypto unicorns? How about SocialFi? Do you expect that to do well? In case you answered yes, <a href="https://docs.lens.xyz/docs/what-is-lens" target="_blank" rel="noopener">Lens Protocol</a> should be on your radar. It allows creators to be in control of their content. So, this means that you need a Lens profile. And for a while, that was the end of the story.</h4> 
I could buy a handle or profile, starting at around $100. I wasn’t game for that. But, with more and more other SocialFi platforms breathing down their neck, Lens opened up. It went permissionless. Anybody can now get a profile for 8 MATIC or $10. See the <a href="https://www.lens.xyz/mint" target="_blank" rel="noopener">link</a>. So, I’m going to take a closer look at Lens and will also check for a potential airdrop. 
<h5>What is Lens Protocol?</h5> 
Lens Protocol is a <a href="https://www.lens.xyz/explore" target="_blank" rel="noopener">SocialFi platform</a> that has been around since early 2022. Its founder is Stani Kylechov. You may have heard of him. He’s the founder and CEO of DeFi giant Aave.&nbsp; Since its beginning, it wasn’t easy to get a Lens handle. It was a gated protocol, and it received quite a bit of hype as well. I mentioned already, that you could buy <a href="https://opensea.io/collection/lens-handles" target="_blank" rel="noopener">Lens handles</a> for around $100.&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Just over a day since going permissionless, Lens has already set new records. <a href="https://t.co/2j9KOrthBR">pic.twitter.com/2j9KOrthBR</a> 
 — Lens Protocol (@LensProtocol) <a href="https://twitter.com/LensProtocol/status/1763033851016675511?ref_src=twsrc%5Etfw">February 29, 2024</a>
</blockquote> 
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However, Lens went permissionless towards the end of February. On its first day, it already saw 33,000 new profiles minted. In less than a week, this saw <a href="https://x.com/StaniKulechov/status/1764641969253339548?s=20" target="_blank" rel="noopener">$500,000 in revenue</a>. That’s alone from minting profiles. Lens <a href="https://dune.com/sixdegree/lens-protocol-ecosystem-analysis" target="_blank" rel="noopener">has</a> over 377k users with over 232k profiles. 
If you have made your new Lens profile, you can also check in with <a href="https://passport.gitcoin.co/" target="_blank" rel="noopener">Gitcoin</a> again. Get extra points for your Lens handle. Lens already <a href="https://cryptorank.io/ico/lens-protocol" target="_blank" rel="noopener">raised</a> $15 million. Investors, include, among others: 
<ul> 
 <li style="font-weight: 400">IDEO CoLab Ventures.&nbsp;</li> 
 <li style="font-weight: 400">General Catalyst.&nbsp;</li> 
 <li style="font-weight: 400">Blockchain Capital.</li> 
</ul> 
However, there are also ‘Angel investors’, like: 
<ul> 
 <li style="font-weight: 400">Hayden Adams, CEO of Uniswap.</li> 
 <li style="font-weight: 400">Alex Atallah, co-founder of OpenSea.</li> 
 <li style="font-weight: 400">Balaji Srinivasan, he is an entrepreneur.</li> 
 <li style="font-weight: 400"><a href="https://www.altcoinbuzz.io/?s=polygon" target="_blank" rel="noopener">Polygon</a> co-founder Sandeep Nailwal.</li> 
</ul> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Lens has collected $500k in revenue in less than a week from profile mints, directly into the protocol treasury. Apps have also earned above $100k. 
 That's a great start for a decentralized social network. <a href="https://t.co/9xJKmwAg1E">pic.twitter.com/9xJKmwAg1E</a> 
 — Stani^ (@StaniKulechov) <a href="https://twitter.com/StaniKulechov/status/1764641969253339548?ref_src=twsrc%5Etfw">March 4, 2024</a>
</blockquote> 
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Lens also has a long-awaited airdrop in the pipeline. I already mentioned this 10 months ago. So, let’s <a href="https://youtu.be/7WNOzpwcsso?si=O4O2-a4m3fJLa4LP" target="_blank" rel="noopener">refresh this</a>. 
<h5>The Lens Protocol Airdrop</h5> 
The whole idea of Lens is to be active in its ecosystem. The more active you are, the likelier you will get a Lens airdrop.&nbsp;There are also plenty of projects in the ecosystem. They either already had or offered airdrops. For example, a few days ago, <a href="https://www.coingecko.com/en/coins/bonsai-token" target="_blank" rel="noopener">$BONSAI</a>, a meme token launched and airdropped to active profiles. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f33f.png" alt="🌿" class="wp-smiley" style="height: 1em; max-height: 1em;"> LensVerse News <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f33f.png" alt="🌿" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 New Lens meme token <a href="https://twitter.com/search?q=%24BONSAI&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BONSAI</a> just launched! Don't forget to check your wallet for airdrop <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1fa82.png" alt="🪂" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 Website: <a href="https://t.co/PJZDA1ncCY">https://t.co/PJZDA1ncCY</a> <a href="https://t.co/zlUfSswcui">pic.twitter.com/zlUfSswcui</a> 
 — Lensholic (@Lensholic_lens) <a href="https://twitter.com/Lensholic_lens/status/1765001097507147916?ref_src=twsrc%5Etfw">March 5, 2024</a>
</blockquote> 
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So, in a nutshell, visit projects in the <a href="https://www.lens.xyz/apps" target="_blank" rel="noopener">Lens ecosystem</a>. Let’s take a look at some Lens apps. You can use your Lens handle to sign in to them: 
<ul> 
 <li style="font-weight: 400"><a href="https://hey.xyz/" target="_blank" rel="noopener">Hey</a> — this renamed itself from Lenster. The posts look a bit like X, you can comment, like them, or ‘mirror’ them. That’s reposting or quoting them. There’s also a view tracker. Sounds familiar? There’s no information on a Hey airdrop. However, Hey is also on the Linea blockchain.</li> 
 <li style="font-weight: 400"><a href="https://phaver.com/" target="_blank" rel="noopener">Phaver</a> — shortly more about this project. Phaver has a confirmed airdrop, so stay tuned.</li> 
 <li style="font-weight: 400"><a href="https://orb.club/" target="_blank" rel="noopener">Orb</a> — another social app. It has $2.3 million in funding, but there’s no information on an airdrop.</li> 
 <li style="font-weight: 400"><a href="https://tape.xyz/" target="_blank" rel="noopener">Tape</a> — formerly known as Lenstube. A social media platform for sharing Web3 media. So, lots of videos. I couldn’t find any information on funding or an airdrop.</li> 
 <li style="font-weight: 400"><a href="https://kaira.network/mesutgulecen/posts/0x0158ed-0x02d8/" target="_blank" rel="noopener">Kaira</a> — A social platform with a launchpad. It also has a staking option. By interacting, you can earn the $KAIRA token. It’s a staked token, dropped in your wallet. There’s talk of a Kaira V2 platform. That’s when you can claim these tokens. However, they’re not traded. Is there an airdrop potential here?</li> 
 <li style="font-weight: 400"><a href="https://t2.world/" target="_blank" rel="noopener">t2</a> — A social platform for writers. They can monetize their content. t2 has $3.4 million in funding but didn’t mention an airdrop yet.</li> 
</ul> 
So, be active in the Lens ecosystem and have a chance to get a $LENS airdrop. Now, let’s take a closer look at Phaver. 
<h5>Phaver and Its Airdrop</h5> 
<a href="https://phaver.com/" target="_blank" rel="noopener">Phaver</a> is the biggest app in the Lens ecosystem. It has raised a total of $7 million in <a href="https://phaver.gitbook.io/whitepaper-phaver/whitepaper-phaver/investors-and-partners" target="_blank" rel="noopener">funding</a> in October last year. Phaver also has a confirmed airdrop and it’s a mobile app. 
The platform has four different membership levels. All four offer different benefits and rewards. The Phaver-cred score determines your level and resets every 30 days. It’s <a href="https://www.crunchbase.com/organization/phaver/technology" target="_blank" rel="noopener">closing</a> in on 300,000 downloads. Last month, it saw 15,000+ downloads. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4e3.png" alt="📣" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/LensProtocol?ref_src=twsrc%5Etfw">@LensProtocol</a> goes permissionless, congrats fam! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 Phaver’s bot-proof Cred system unlocks 10k FREE Lens profiles for Level 2-4 users<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f49c.png" alt="💜" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 Claim yours NOW in the Phaver Cred Dashboard <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f33f.png" alt="🌿" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f984.png" alt="🦄" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 We’re working on more ways to reach Level 2 easily. Stay tuned and Keep Phavering! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1fae1.png" alt="🫡" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/OVG0I05gMN">pic.twitter.com/OVG0I05gMN</a> 
 — Phaver <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f984.png" alt="🦄" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@phaverapp) <a href="https://twitter.com/phaverapp/status/1762784321524343061?ref_src=twsrc%5Etfw">February 28, 2024</a>
</blockquote> 
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In other words, it’s one of the first and biggest apps on Lens. 70% of all content in the Lens ecosystem comes through Phaver. So, for the airdrop, you can earn points. These points you can later swap for tokens if you’re level 2 or higher.&nbsp; Phaver wants you to stay active on the platform. As a result, you can’t claim your complete <a href="https://phaver.gitbook.io/whitepaper-phaver/whitepaper-phaver/in-app-mechanisms/in-app-tokenomics" target="_blank" rel="noopener">token allocation</a>. It’s smeared out over various months. Except for the airdropped tokens.&nbsp;Out of the 10 billion tokens, 3% are set aside for the airdrop and that’s 3 million tokens. Another 27% is for user rewards. 
So, if you want a share of this airdrop, get active on Phaver. There are three ways of doing this: 
<ul> 
 <li style="font-weight: 400"><a href="https://dune.com/0xminion/phaver" target="_blank" rel="noopener">Stake</a> other user’s posts.</li> 
 <li style="font-weight: 400">Get referrals. Your username is the invitation code.</li> 
 <li style="font-weight: 400">Other users stake in your posts.</li> 
</ul> 
You stake with your points. However, you only have 5 points per day, so choose wisely. 
<h5>The Current Position of Lens</h5> 
Lens finally went permissionless and everyone can get a handle now. No more gated community. Did it feel pressure from other SoFi platforms? Possibly, maybe. I also think that they shot themselves in the foot. The platform was gated for much too long. Interest waned, and other SoFi platforms gained in popularity. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Mint Zora NFTs directly on Lens <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2728.png" alt="✨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/sjbqA8nIs2">https://t.co/sjbqA8nIs2</a> 
 — Lens Protocol (@LensProtocol) <a href="https://twitter.com/LensProtocol/status/1738122356810207270?ref_src=twsrc%5Etfw">December 22, 2023</a>
</blockquote> 
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After almost 2 years, there’s no token in sight. It also seems that Phaver’s influence on the Lens ecosystem with 70% is too big.&nbsp;Phaver also appears to be the only platform with <a href="https://phaver.gitbook.io/whitepaper-phaver/whitepaper-phaver/tokenomics/token-distribution" target="_blank" rel="noopener">clear tokenomics</a>. It also has a confirmed airdrop.&nbsp; 
Lens will need to up the pace and keep the momentum going now. But the question is, can it do that? So, do you have a Lens handle? If so, for how long? Let me know in the comments and mention your favorite Lens project. 
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Missed Solana Airdrops? Catch the Next Big Crypto Airdrop

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