What is Only1?
Only1 is the first NFT-powered social platform built on the Solana blockchain. Mixing social media, an NFT marketplace, a scalable blockchain, and the native token — $LIKE, Only1 offers fans a unique way of connecting with the creators they love. By using the Only1 platform, fans will have the ability to invest, access, and earn from the limited edition contents created by the world’s largest influencers/celebrities, all powered by NFTs.
The new world of NFTs is here, and it’s being built on Solana. Welcome to Only1.
What Will the Platform Include?
The Only1 marketplace will consist of several different features that sets it apart from other NFT marketplaces.
Some of these features include:
Creator Genesis NFT
Genesis NFT Minting
- A genesis NFT is minted once a creator passes KYC
- Creators will then be able to mint their own Content NFTs for their fans and receive $LIKE, or native token, as a reward for engagement
Fans Bid with $LIKE
- Fans can utilize $LIKE, or native platform token, to bid for a Star NFTs on the Only1 Marketplace
Genesis NFT Perks
- Fans will have the ability to stake $LIKE on their favorite influencers profile
- The Genesis NFT Owner as well as the creator will both earn a split of the staking rewards
Content NFT Farming
Creator Post Content
- Creators have the ability to post exclusive content in form of an NFT
- Fans bid on Only1 marketplace for NFT using the $LIKE Token
- When an NFT is purchased portion of the $LIKE tokens are burned
Community Unlock
- Other fans unlock content with $LIKE, receive lottery tickets (weekly lucky draw)
Creator and Community Earns
- Tx split between NFT owner and creator
Why are we building on Solana?
When choosing the blockchain to build on, Solana was the simple choice due to scalability. With the cost of gas fees, most blockchains currently doesn’t have the capacity for mainstream creators and fans to afford the transaction fees paired with buying an NFT. Solana solves this.
Get excited, more coming soon!
This is just the beginning for Only1. Over the next few weeks we look forward to presenting more about this project, including information about our roadmap and IDO. We have tons of exciting news that we can’t wait to share, as well as more information about the development of the Only1 ecosystem. Stay tuned and buckle up.
About Only1
Only1 is the first NFT-powered social platform built on the Solana blockchain. Mixing social media, an NFT marketplace, a scalable blockchain, and the native token — $LIKE, Only1 offers fans a unique way of connecting with the creators they love. By using the Only1 platform, fans will have the ability to invest, access, and earn from the limited edition contents created by the world’s largest influencers/celebrities, all powered by NFTs.
The new world of NFTs is here, and it’s being built on Solana. Welcome to Only1.
