The decentralized social media app Hey will cease development
The decentralized social media application Hey (formerly Lenster) will cease development due to limited funding. The official statement indicates that the combined annual profit of Hey Pro and Hey Names is approximately $41,000, which is insufficient for the team to operate the platform at the scale users expect. Over 99% of users use Hey completely for free. "We never promised tokens or airdrops. It was never designed for mining. It is a social client based on Lens, not a protocol, treasury, or funding control center. We have been continuously releasing for four years, adding new features, and maintaining complete transparency. Even in the event of unforeseen circumstances, we will handle refunds and explanations publicly. The code remains open source. There are no lock-up terms, no hidden interests; it is simply a community tool."
