# Crypto Social Goes ZK

*Author: Bankless*
*Published: May 16, 2024*
*Source: https://www.bankless.com/crypto-social-zk*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/Frame-50488--1--1.png)](https://nft.kraken.com/?utm_source=newsletter&utm_medium=influencer&utm_campaign=2024_q2_nft_global_bankless_nft_newsletter_acq&utm_content=link)

  

   Crypto Social Goes ZK
  

  
  Published on May 16, 2024

[
  
  View in Browser

](https://www.bankless.com/metaversal)
 

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.  .  .

 
  
    
      
      NFT NEWS
    
    
  
  
    
  Pengu Partnership
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/Group-15--19--1.png)](https://www.bankless.com/dashboard)- 🐧** Pudgy Penguins big deal**. The Pudgys creators revealed they have entered into a strategic partnership [with Lotte Group](https://twitter.com/pudgypenguins/status/1791106669390213180), a move designed to expand the project's presence in South Korea.
- 🟠 **Nftperp taps Bitcoin**. The NFT derivatives exchange [announced an expansion](https://twitter.com/nftperp/status/1791190727189553380) into the Bitcoin ecosystem, starting with Pre-Launch Vaults for Bitcoin Puppets and NodeMonkes holders.  
- 🤖** OpenAI x Reddit**. AI powerhouse OpenAI announced [a partnership with Reddit](https://openai.com/index/openai-and-reddit-partnership/) that will see the social networking giant's content brought into ChatGPT and future products. 

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    ANALYSIS

  
  
    
   
Understanding Validiums and Volitions
  
  
   
     
     Bankless Author: 
     
      [
       
       William M. Peaster](https://twitter.com/WPeaster)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/image---2024-05-16T140729.751-2.png)](https://www.bankless.com/validiums-and-volitions)**Lens** is an open social network project that, along with Warpcast and Friend.tech, is among the biggest names in the contemporary crypto social scene.

To date, Lens has relied on an infra combo of **Polygon and Momoka**, the latter being a bespoke data availability solution, to power its decentralized app ecosystem. 

That’s why Lens made waves this week when it announced it was building a new chain, **Lens Network**, to support its future via zkSync’s **ZK Stack** framework. 

This new network will start as a Layer 2 (L2) solution known as a **validium** and later evolve into a **volition**. Many people don’t know exactly what these solutions are and why they matter, so let’s break them down 👇

[Read the full article](https://www.bankless.com/validiums-and-volitions)
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