What is Onlyone (LIKE)? The initially NFT MXH platform developed on Solana


What is Onlyone (LIKE)?

Only one is the initially NFT social networking platform developed on Solana. By combining social media, NFT markets, scalable blockchain and LIKE tokens, Onlyone features followers a one of a kind way to connect with the creators they appreciate. Using the Onlyone platform, followers will have the capacity to invest, entry and monetize restricted edition information designed by the world’s most significant influencers / celebrities, all through NFT.

What is an NFT-primarily based social networking platform?

Instead of focusing solely on NFTs, NFT-primarily based social networking platforms enable influencers to produce information, share it with their audience, and obtain engagement-primarily based rewards. Users can produce NFTs and enable their followers to interact, entry and earn by collecting these NFTs.

Only one. Platform functions

The Onlyone marketplace will consist of a variety of distinctive attributes that will set it apart from other NFT marketplaces.

Some of these attributes consist of:

Creator Genesis NFT

  • Genesis NFT Minting (Genesis NFT Mining)

An authentic NFT is minted right after the creator obtains KYC.

Creators will then be capable to produce their very own NFT of fan information and obtain LIKE tokens as a reward for engagement.

  • Fans bid with LIKE token (Fans bid NFT with LIKE token)

Fans can use LIKE tokens, or platform tokens, to bid on NFT Stars on the Onlyone market place.

Fans will have the chance to location LIKE tokens on the profiles of their favourite influencers.

Both Genesis NFT owners and creators will earn a reward for staking.

NFT Farming Content

  • Content of the creator’s publish
  • Creators have the capacity to publish unique information this kind of as NFT
  • Fans bid on the Onlyone market place for NFT applying the LIKE token.
  • When an NFT is bought, component of the LIKE tokens utilised to invest in the NFT will be burned.

Community unlocking

Other followers unlock information with token LIKE, get lottery tickets (weekly fortunate draw)

  • Earnings of the creator and the neighborhood (Earnings of the creator and the neighborhood)

Tx among NFT owners and creators.

Why Onlyone has selected to be primarily based on Solana

When selecting a blockchain to construct, Solana is a uncomplicated option due to its scalability. Given the value of fuel charges, most blockchains presently can’t afford standard creators and followers the transaction charges that come with acquiring NFTs. Solana solved this trouble.

Basic details about the LIKE token

  • Token identify: Only one
  • Ticker: LIKE IT
  • Blockchain: Solana
  • Token typical: SPL-twenty
  • To contract: Updating
  • Token style: Utility, Governance
  • Total present: 500.000.000 LIKE IT
  • Circulating provide: Updating

Token allocation

Token allocation

  • Seed and personal shifts:9%
  • Public shift:initially%
  • Team: 10%
  • Advisor: five%
  • Liquid assets: 15%
  • Community: 35%
  • Ecosystem: 15%
  • Reserves: 10%

What is the LIKE token for?

Offer

Fans bid on their favourite Genesis-NFT with LIKE tokens.

Staking and governance

Fans aim their LIKE tokens to earn extra in excess of time. In addition, LIKE token holders can also participate in the governance of the undertaking by votes or suggestions.

Reward

LIKE tokens are utilised as a reward for the stars when new NFTs are minted and resold.

donations

Fans can donate LIKE tokens to their favourite creators.

LIKE token storage wallet

Since LIKE is an SPL-twenty token, you can pick to retail outlet this token on the following wallets: Ledger, Sollet Wallet, Coin98 Wallet.

How to earn and very own LIKE tokens

Updating

Where to invest in and promote LIKE tokens?

Updating

Roadmap

Q3 2021

  • IDO and Closed Alpha launched
  • Market functions
  • Unlockable Content-NFT
  • Beta release

Q4 2021

  • Mobile application advancement
  • Unlock the lottery procedure
  • Development of new attributes
  • Debut in public

Q1 2022

  • Voting and governance functions
  • Development of model two: help for stablecoin
  • Launch the mobile app

Investors

What is the potential of the Onlyone undertaking, need to I invest in LIKE tokens or not?

Onlyone is an NFT marketplace that connects creators and influencers with their followers. In basic, this model is nothing at all new in contrast to preceding NFT models. The latest market place is even now in an uptrend, consequently, in accordance to the writer, the LIKE token even now has the likely to maximize in the close to potential. Through this posting, you ought to have by some means grasped the fundamental details about the undertaking to make your investment choices. Coinlive is not accountable for any of your investment choices. I want you good results and earn a great deal from this likely market place.

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