Only1 — The Ones SocialFi NFT DAO Launch

Wink
3 min readDec 9, 2021

Only1 is the first SocialFi project built on Solana, backed by Alameda Research, Animoca Brands and more. A community-led decentralized governance is the future of web3 social. Take a look at what our governance NFTs can do — introducing, The Ones.

Purchase The Ones here, or LIKE/USDT here.

🚀 The Ones DAO

Coming this month

  • Exclusive DAO groups in Telegram and Discord where holders can view pre-release features, vote for feature development direction, and (maybe) preview announcements of Only1.
  • Only holders of The Ones NFT can join. Holders must #DELIST and use Only1 verification bot to verify NFTs in their wallet. You will be removed if the wallet no longer holds The Ones NFT. Please stay updated via our Twitter, Telegram and Discord for release of this DAO very soon.
  • GIVEAWAY 🎁 First 20 to join The Ones DAO gets 1 free The Ones NFT airdrop!

Building

The Dojo — The end goal of The Ones DAO lives on Only1.app with a dedicated user interface only accessible to The Ones NFT holders (Think the Bathroom in Bored Ape Yacht Club). In the Dojo, The Ones NFT holders can receive the following perks:

  • Test and vote for pre-release features (Exclusive to The Ones NFT)
  • Propose new features
  • View your vote weighting (correlated to number of The Ones NFT you hold) and allocated rewards
  • ALL royalties are stored in the Governance Fund, which is used to reward The Ones NFT holders for their help in building Only1 together!

✅ OG Status on Only1

Coming this month

  • The Ones NFT holders will have an OG Badge next to their account name on Only1.app (similar to verified, but better!). When Only1 have even just a million users, you will be amongst the 1%.
  • A special feature that many users asked for will be available only for The Ones NFT holders…

🔥 Buyback & Reward

  • 120 The Ones NFTs have been bought back and permanently taken out of circulation, say good bye to these heroes 👋🏼
  • Once 1,000 have been bought back and burnt, ALL royalties will be injected to the governance fund to reward The Ones NFT Holders.

About Only1

Only1 is an NFT-powered social platform built on Solana. We help creators monetize and allow fans to connect with the creators they love in a unique way, similar to a decentralized Patreon — read more on Create-to-Earn (C2E) here. Mixing social media, NFTs, DeFi and the native token LIKE, Only1 offers a Web 3.0 solution to creator economy and fan engagement.

The new world of decentralized social media is here, and it’s being built on Solana. Follow us to learn more.

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Written by Wink

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