LIKE

1. Project introduction

Only1 is the first NFT-powered social platform built on Solana where users and creators alike can earn tokens by engaging in social activities on the platform, and share passive income generated from the innovative Genesis-NFTs and Content-NFTs similar to the 'Play-to-Earn' model.

Since in conventional social media, creators have to go through middle-man to sell merchandise, paid advertisements, shout-outs, or any form of partnerships, the innovation of Only1 through NFT aim to cut out the need for these middle platforms.

Only1 encourages social engagement by providing a means creator as they share content and fans engage with it. Through our Social NFT Platform, creators will be able to earn from engaging with fans, which fans will be able to get more access to their favorite creators by buying their Genesis NFTs. This combination will be the future of how creators choose to interact with their fans.

2. Investment institution

Liquefy Labs, Alameda Research, Animoca, Genesis Block Venture, NGC, PetRock Capital, DuckDAO

3. Application and distribution

Total supply: 500 million

Token application:

LIKE is the Only1 platform’s utility SPL-token with 4 use cases: Social DAO Governance, Marketplace Transactions, Social Features, and Initial NFT Offering.

Token distribution:

Seed: 3.53%

Private1: 1.94%

Private 2: 1.69%

Private 3: 2.66%

Public: 0.33%

Reserve: 9.84%

Ecosystem: 15.00%

Team: 10.00%

Advisor: 5.00%

Community: 35.00%

Liquidity: 15.00%