Only1 is the first NFT-powered social media built on Solana - the most scalable blockchain to date. Social media users want to feel more connected with the creators on the platform. And in conventional social media, creators have to go through middle-man to sell merchandise, paid advertisements, shout-outs, or any form of partnerships. Our innovation through NFT aim to cut out the need for these middle-man, and we do this through two novel mechanisms.
The Only1 marketplace will include a number of different features that set it apart from other NFT markets.
Some of these features include:
Genesis NFT Minting
An original NFT is minted after the creator gets KYC.
Creators will then be able to create NFTs of their own content for fans and receive LIKE tokens as a reward for engagement.
Fans Bid with LIKE token
- Fans can use LIKE tokens, or platform tokens, to bid on NFT Stars on the Only1 Market.
Genesis NFT Perks
- Fans will have the ability to stake LIKE tokens on the profiles of their favorite influencers.
- Genesis NFT holders as well as creators will both earn a reward for staking.
- Seed & Private Rounds:9%
- Public Round:1%
- Team: 10%
- Advisor: 5%
- Liquidity: 15%
- Community: 35%
- Ecosystem: 15%
- Reserve fund: 10%