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What is LIKE (LIKE)?

Only1: Revolutionizing Social Media and NFTs on the Solana Blockchain

In the rapidly evolving landscape of social media and blockchain technology, Only1 emerges as a groundbreaking platform, fusing NFTs, social media, and a scalable blockchain into a seamless and rewarding experience. Launched on the Solana blockchain, Only1 is not just another social platform but a transformative space where creators and users converge, empowered by the native token $LIKE.

Empowering Creators through NFTs

Only1 introduces innovative mechanisms to empower creators and eliminate the need for middlemen in content monetization. The Creator Genesis-NFT and Staking feature allows creators to mint a Genesis-NFT, associating perks like mentorship with it. Users can stake $LIKE tokens on creators, earning rewards based on their engagement. This not only fosters a direct connection between creators and fans but also ensures both parties share in the staking pool's rewards.

Unlocking Exclusive Content

Content-NFT farming takes center stage, as creators post exclusive content in NFT form on Only1's marketplace. Fans can bid on these NFTs using $LIKE tokens, creating a dynamic marketplace where limited-edition content becomes a valuable commodity. For those who prefer not to bid, a modest unlocking fee, like 1 $LIKE, allows them to access the content. The unlock fee contributes to the creator and the NFT owner, ensuring a fair distribution of rewards.

Tokenomics and Engagement

Only1 incorporates token burn mechanisms from transaction fees, creating scarcity and value for the native $LIKE token. Additionally, each content unlock grants viewers a lottery ticket, adding an exciting element with weekly lucky draws for airdrops.

Passes and Monetization

Beyond NFTs, Only1 introduces "Passes," enabling creators to monetize their content through paid subscriptions. This subscription model adds another layer to the platform's versatility, allowing users to access exclusive content by purchasing Passes from their favorite creators.

Notable Investors and Growth

Backed by notable investors such as Animoca Brands, NGC Ventures, and the Solana Foundation, Only1 showcases its potential as a game-changer in the social media and NFT space. The platform's success lies in its ability to seamlessly integrate social media features, an NFT marketplace, and a scalable blockchain on Solana.

The Only1 Experience

Only1, with its user-friendly interface and efficient Solana blockchain integration, provides a unique space for creators and users alike. Users are incentivized through LIKE tokens, creating an engaged and vibrant community. The platform's roadmap highlights ongoing developments, including the launch of creator staking pools, NFT releases, and the expansion into a browser-based creator metaverse.

In summary, Only1 redefines the social media landscape by offering a holistic platform that goes beyond traditional boundaries. With a focus on empowering creators, engaging users, and leveraging the potential of NFTs on the Solana blockchain, Only1 stands as a beacon of innovation in the evolving world of decentralized social platforms.

What is unique about LIKE (LIKE)?

Only1 stands out for being the first NFT-powered social media platform on the highly scalable Solana blockchain, offering a revolutionary fusion of social media, an NFT marketplace, and a native token ($LIKE) to empower creators and users.

Who are the founders of LIKE (LIKE)?

Only1 was founded by Leon Lee in 2021, with a vision to bridge the gap between social media and NFTs, providing a space for creators to monetize their content and connect with their audience.

Who are the backers/investors of LIKE (LIKE)?

Only1 has garnered support from notable investors, including Animoca Brands, NGC Ventures, Solana Foundation, ROK Capital, Bithumb Global, Kyros Venture, Panony, Ellipti Ventures, Satori Research, Petrock Capital, Gate.io Labs, GBV Ventures, and a41 Ventures.

Where can I buy LIKE (LIKE)?

You can buy LIKE (LIKE) on Gate.io, MEXC, KuCoin, HTXBitMart cryptocurrency exchanges.