Thrilling information coming from Aave; the corporate has acquired Sonar, a cell gaming platform utilizing NFT-backed avatars to navigate digital environments. With this new acquisition, Aave intends to combine Lens, its personal social media protocol, into the app.
How This Acquisition Helps Aave
One factor to notice is that Lens options decentralized profiles of its personal, and since Sonar is constructed round NFT-backed avatars, it can match proper in. Reportedly, there are plans to combine the avatars and their accompanying emojis to create a unified id for customers throughout its Metaverse.
This can be completed, Aave says, by logging into Sonar utilizing their Lens accounts and accessing all of its options. It’s price noting that Sonar has been fairly in style out there since its launch, boasting over 20,000 customers.
The Aave Fam is rising! It’s no secret that our group has been innovating in social media, with Lens Protocol to deliver energy again to customers, proper the place it belongs.
To proceed our mission, we’re thrilled to announce the acquisition of @Sonar, a mobile-first metaverse. pic.twitter.com/qlRTUFq1SO
— Lens Protocol 🌿 (@LensProtocol) December 5, 2022
On high of this, the NFTs related to Sonar have seen a mixed 49 ETH in gross sales on OpenSea and little question this new acquisition will solely increase its visibility. However greater than this, the 2 corporations can proceed to work in the direction of giving customers a extra streamlined web3 expertise. This can be completed partially by the executives of Sonar who will now work underneath Aave.
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