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26 July 2021

DeFi Project Aave to Release Ethereum-Based Twitter Alternative This Year - Decrypt

DeFi Project Aave to Release Ethereum-Based Twitter Alternative This Year - Decrypt


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DeFi Project Aave to Release Ethereum-Based Twitter Alternative This Year.

Decentralized finance giant Aave will launch an alternative to Twitter using Ethereum this year, the protocol’s founder toldDecrypt. .

Stani Kulechov, founder and CEO of DeFi lending protocol Aave, said that users will be able to monetize the content they post and govern the rules of the network.

“We believe that content creators should own their audiences in a permissionless fashion, where anyone can build new user experiences by using the same on-chain social graph and data,” he said. .

But given that its competitors in decentralized social media have already fallen flat on their face, could an Ethereum-based Twitter alternative really be the next big thing?

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