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About Only1
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.
Firstly, Creator Genesis-NFT (and Creator Staking) - each onboarding creator will be minted a Genesis-nft which they can associate perks with (e.g. mentor the Genesis-NFT owner how to trade). Users on the platform can stake $LIKE tokens on individual creators with APY that adjusts according to the creator’s engagement with the fan base. The owner of the Genesis NFT, and the creator will both receive a small split of the staking pools’ reward!
Secondly. Content-NFT farming - creator can post exclusive content in the form of NFT to be sold in our marketplace, the user who bought it will be able to see its content, but for the rest who dont prefer to pay the expensive price, they can pay the unlocking fee (which can be low like 1 $LIKE, depending on the creator) to view the content, part of the unlock fee will go to the creator, and the other to the content-NFT owner.
There will be token burn mechanisms from the transaction fees in the marketplace. In addition, each unlock will give the viewer a lottery ticket which will be used every week for lucky draw for airdrop.
The live Only1 price today is $0.033454 USD with a 24-hour trading volume of $862,363 USD. We update our LIKE to USD price in real-time. Only1 is down 3.48% in the last 24 hours. The current CoinMarketCap ranking is #912, with a live market cap of $9,142,409 USD. It has a circulating supply of 273,286,650 LIKE coins and a max. supply of 500,000,000 LIKE coins.
If you would like to know where to buy Only1 at the current rate, the top cryptocurrency exchanges for trading in Only1 stock are currently HTX, Gate.io, KuCoin, MEXC, and AscendEX (BitMax). You can find others listed on our crypto exchanges page.