DuckDAO opens the to start with INO on Onlyone

DuckDAO is a decentralized incubator that provides possible tasks wings suitable from the get started. DuckDAO desires to democratize entry to investment possibilities that have been previously only out there to significant VCs and venture capital money, opening up a closed ecosystem of early stage crypto task investment for all.

DuckDAO will launch the to start with INO on Only one on December thirty, 2021, with NFT DuckSquad, which grants customers entry to transaction flows on the Solana ecosystem.

What is DuckDAO NFT?

Instead of issuing tokens as typical, DuckDAO will launch an NFT named DuckSquad.

Utilities of NFT DuckSquad:

• 500 NFT has a particular attribute: Quack Quack Ball. NFT holders will have unique entry to DuckDAO’s personal Telegram group and will have the chance to get allocations when tasks on Solana increase seed funds or get five “stock” delivers.
• The other 2500 NFTs never have the Quack Quack ball, preserving them will enhance the transaction volume for tasks on Solana.

INO information

• Number of NFTs open for sale: three,000 NFTs
• Price of one NFT: one Sol
• INO mechanism: lottery lottery
• Breakdown per ticket: one DuckSquad NFT

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Procedure for joining INO

Step one – Log in and bet on Only1.app to be eligible for tickets

Go to only1.app, log in by connecting to your personalized wallet to qualify for lottery tickets and area bets with the following prerequisites:

Wagering Requirements:

• Betting COME seven days prior to the ticket is offered and should carry on betting till the lottery ticket opens. Every 500 LIKE will get one legitimate ticket, up to five tickets are assigned to each and every wallet.
• seven-day episode duration: from 07:00 on December 22, 2021 (Vietnam time)

For instance: bidding two,500 LIKE prior to seven days you will get five legitimate tickets.

Step two: Submit SOL to the lottery technique

Users will have to spend one SOL per ticket to participate in the lottery.

Example: If there are five legitimate tickets but only four SOL are presented, only four out of five legitimate tickets will be entered into the lottery.

Ticket product sales hrs: 07:00 on 29 December 2021 – 07:00 on thirty December 2021 (Vietnam time).

Step three – Lottery

The lottery will consider area instantly right after the pool closes, each and every winning ticket will get one DuckSquad NFT and each and every dropping ticket will get one SOL refund.

Step four: Apply for NFT or SOL

Users can apply for NFT or SOL on their wallet from 19:00 on December thirty, 2021 (Vietnam time).

About Onlyone

Onlyone is the to start with NFT social networking platform created on Solana. Combination of social media, NFT marketplace, scalable blockchain and LIKE token. Onlyone delivers supporters a special way to connect with the creators they appreciate.

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