We're proud to introduce Lens Improvement Proposals (LIPs). This open, collaborative process will guide the future development of Lens Protocol.

Taking inspiration from the successful Ethereum Improvement Proposals (EIPs) and Aave Improvement Proposals (AIPs), LIPs takes a step towards decentralized governance. The LIPs process will foster an inclusive, transparent and collaborative environment.

You will find how to participate in LIPs in the Lens Protocol’s GitHub repository, which streamlines the community participation process. It gives anyone the chance to submit proposals, and promotes open discussion.

Let's dive into the first three proposals that are live today:

LIP-0: Establishing an Open Governance Model. A process where the Lens community can propose improvements to Lens Protocol. From the submission of proposals to transparent discussions — we aim to foster an open, collaborative, and inclusive decision-making governance model.

LIP-1: Open Standards for Algorithms. A proposal to establish open standards for algorithms — based on the open Lens data layer — that will encourage the development of third-party algorithms, diverse experiences and provide user choice.

LIP-2: Open Standards for Metadata. An initiative to establish metadata standards for Lens Protocol, promoting transparency, interoperability, and user empowerment.

Take a deep dive into LIPs in our latest blog: mirror.xyz/lensprotocol.eth/8uxN9fMYBOqyDW5yZ6O3DDdOLEv1jJtxcw9qk4c4wgM

LIPs are our next step in enabling community involvement in shaping Lens Protocol's future.
Join us at github.com/lens-protocol/LIPs

gm everyone! 👋

If you're interested in creating NFT marketplaces with great user experience, this is for you! 🤩✨

Also, here's a Blog post if you wanna BUIDL it along:
megabyte0x.hashnode.dev/nft-marketplace-using-paper

The complexity of the Web3 ecosystem, including wallets, private keys, and gas fees, makes NFT marketplaces hard to use for non-web3 users. But there are ways to address these issues and make NFT marketplaces more accessible. Let's dive in! 🧱🔥🚀💪🏻🛠️

🤔🤯💻 Reasons to avoid using Metamask as the only wallet for your dApp:

• Limited Web3 knowledge can make users hesitant.

• The installation process can be complicated and deter many users.

• Managing private keys can be complex, posing significant concerns for both users and the product.

💻🔥👎 Reasons for bad UX in most dApps:

• Traditional wallets can be complex and hard to use for non-web3 users.

• Users must purchase funds to interact with the dApp, hindering new user onboarding.

• Users need to sign every interaction and always have the wallet accessible.

🔍💡🤔 Alternatives:

• Smart contracts can act as user accounts and execute transactions on behalf of the user.

• Account Abstraction offers customizable logic for wallet creation and transaction gas payment.

• One option is creating a wallet using an email address, where the user's email generates a private key.

🛡️🔒💰 Paper's Solution to Bad UX: The Embedded Wallet SDK helps address user experience issues by providing features like user wallets using email or social logins, signing messages without prompts, and allowing users to recover wallets on any device.

🧑‍💻👩‍💻🚀💪🏻 By utilizing Paper's Embedded Wallet SDK, developers can create a seamless user experience that improves onboarding for new users and enhances the overall user experience. The SDK helps streamline wallet creation and makes it easier for users to access and recover wallets on any device. It also allows users to connect to other apps through WalletConnect.

🤑💰📈🚀 By providing a better user experience, NFT marketplaces can attract more users and potentially increase revenue. Check out The Paper's Embedded Wallet SDK if you're interested in building an NFT marketplace with great UX!

🚀💪🏻🛠️ Developers can create NFT marketplaces accessible to all, including non-web3 users, by focusing on user experience and implementing innovative solutions. Let's work towards improving UX in the Web3 ecosystem!