Financial reports from Lens Protocol or news releases

Lens Protocol Launches NFT Open Actions with 5% Mint Affiliate Fee to Enhance Creator Distribution

May 17, 2024, 03:50 PM

Lens Protocol has introduced NFT Open Actions, an infrastructure plug-in designed to enhance creator distribution within its ecosystem. This feature allows users to mint NFTs directly from their feed, making the process seamless and integrated. The Open Actions plug-in is not limited to a front-end and can be used by any Lens Protocol app, offering full customization. It also supports composability with major NFT marketplaces such as SuperRare, Pods Media, and Collect Pods. Additionally, a 5% mint affiliate fee is added to purchases, which is distributed to stakeholders. The new feature is currently in beta on the Hey app, powered by Decent.xyz. One of the notable projects using this feature is 'NYC 2049,' an edition of 100 priced at .009 ETH.