Here is our roadmap to onboard the next 100M users through trustless payments, and bring $LIKE to the masses.
Introduction
It seems like just yesterday when we raised US$3.5M from venture capitals such as Animoca Brands (Investor of Sandbox) and Newman Capital (Lead investor of Memeland) to build the future of a decentralized creator economy.
Earlier this month we released the Flow update to help creators and agencies optimize sales. The update included on-ramp payment partnership with Alchemy Pay, content search using OpenAI CLIP — a visual concept LLM, native CRM toolings and more.
The update was well received. Our top creator Angelina earned a net of US$21,000 on the site to date. The next step is to help 1M creators and agencies make a living on the site, and provide fans a great experience. All this will benefit our platform token $LIKE holders through revenue-based buybacks. The more successful our creators are, the more value accrued to $LIKE token holders. Read on for our roadmap to achieve this.
Roadmap 2024 H1
To break through into the mainstream market as a decentralized product, we must focus not just on web3 UX abstraction, but also on user safety and sales optimization. We have made important partnerships that will help us achieve the latter, but we will not cover them in this article.
We’re excited to share with you our roadmap until June 2024, each target is categorized into groups and they are not in chronological order.
User Safety
- AI deepfake detection & content leak scans
- AI-assisted moderation system
- Creator KYC system integration
Sales optimization
- Earnings and fan analytics
- Pay-per-view post and messages
- CRM toolings for multiple accounts management
- Decentralized subscription that do not require token frontload or monthly message signing (testnet)
User experience
- OpenAI CLIP LLM powered discovery improvement
- Gasless transactions
- Content categorization
- Others (e.g. Blacklist)
Looking ahead
The exclusive content subscription industry is seen as high risk for most banks because of it’s P2P and adult nature. Banks blocked Onlyfans from allowing adult content in 2021, Fansify withheld user funds in 2023, and Patreon had a platform wide payout failure in 2023. It is now common practice for creators to have more than one membership site incase of payout failures.
A trustless settlement layer would render these problems obsolete, whilst bringing new advantages for creators and agencies through features such as smart contract based earnings split and fan payment anonymity. When regulators censor banks from processing creator payments like they did again, Only1 will be the only one standing.
We currently have spent $0 in creator acquisition but have over $100k in GMV and 40K monthly active users. We are currently onboarding creators with our partner in Japan while finalizing partnerships with groups in Thailand and Taiwan.
