These are also known as base tokens or intrinsic tokens because a blockchains design functions with a particular token. Only1 is an NFT-powered social media platform built on Solana. LIKE's totally supply is limited to 500,000,000. Basically, its the crypto version of a startups stock options. The objective is to support and foster the creative economy, not profit from it. How Many Only1 (LIKE) Tokens Are in Circulation? Ans: No. Whats a Permissioned Blockchain and How Does Centralized Decentralization Work? A ticker symbol is used when identifying a token with a name similar to its blockchain. Our innovation through NFT aim to cut out the need for these middle-man, and we do this through two novel mechanisms. Whitepaper: ChainLink, A Decentralized Oracle Network, Page 21. Genesis NFTs can also be traded on the NFT Marketplace. It is, largely, why there are so many cryptocurrencies 18,000 is a number battered around these days. During the life of the token, users then access the website or app that the token has been issued for, rather than having to re-enter credentials each time they go back to the same webpage, app, or any . Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. What is Only1 coin (LIKE) token, social platform, NFT and Solana? Other functionalities, eg. Anyone can become an "OnlyFren"! Tezos (XTZ) is a decentralized blockchain network with an associated cryptocurrency token and a colorful history. CoinMarketCap (Only1) LIKE Token Quiz Answers. This reflects their identity and can be associated with perks and rewards. The owner will earn ( ) of the creator's staking pool TVL. In addition, fans can bet $ LIKE tokens on the creator's staking pool (representing the creator's profile) and earn according to the pool's APY. This compensation may impact how and where listings appear. That is, no one or party can control the platform or its behavior. When users say they are in it for the decentralisation, or be part of a revolutionary paradigm shift, what they really mean is they want to 2x their bags. Provides a platform that allows you to interact directly with. Or boosting those ones on raydium? The native token of Ethereum is ether and the native token of Cardano is ada named for Ada Lovelace, widely regarded as the worlds first computer programmer but by and large, the cryptocurrency has the same name as its blockchain. Lets do a deepdive into the tokenomics of. Users can earn by being a creator and by staking LIKE tokens or NFTs. A blockchain's inherent digital currency. Twitter / Medium / Whitepaper / Website / Telegram / Discord, How we strive to become the future of web3 social media, What role does $LIKE play in the decentralized creator economy, Initial NFT Offering The Ones, lottery enter begins 18 Oct. 2. We help creators monetize and allow fans to connect with the creators they love in a unique way, similar to a decentralized Patreon read more on Create-to-Earn (C2E) here. Tobi is a freelance crypto writer at Investopedia. They can chat, tip and receive tips in LIKE tokens on the Web3 Messenger as well. Cardano is a blockchain and smart contract platform whose native token is called Ada. In addition, fans can bet $ LIKE tokens on the creators staking pool (representing the creators profile) and earn according to the pools APY. LIKE's total supply: 500,000,000 Native tokens are a blockchains foundational digital currency. Follow us to learn more. Q: Any plans to initiative somehow people holding like long term? In addition to being a decentralized platform, Only1 uses non-fungible tokens (NFTs) to allow content authors to interact directly with their fans without the need for a third party. Index, Data We also reference original research from other reputable publishers where appropriate. All Rights Reserved 2023 - PortalCripto: Cryptos news today and much more. Users can earn by being a creator and by staking LIKE tokens or NFTs. Only1 is a decentralized platform that combines social media and NFT. It was first issued on the Ethereum blockchain but there are now non-native USDC tokens issued on a number of different blockchains, including Ethereum, Solana, Stellar and Algorand. These cookies track visitors across websites and collect information to provide customized ads. Okta. How does a native token compare to ada and ERC20? The client sends the user credentials to the server and the server verifies them, generates the digital signature, and sends it back to the client. Its up to you how much you want to attach with your message. A: Were building a marketplace specifically for our own features (INO, genesis nft) so less about competing features and more about the ecosystem in general. Other categories of non-native tokens include storage tokens, privacy coins, and sports tokens. Fungible tokens have a wide variety of use cases, but most have similar and identical properties as a set of tokens. A simple one is LINK, the non-native token used on Chainlink, an oracle DApp that provides information feeds that can be used to make smart contracts pay off. Only1 is the first NFT-powered social platform built on the Solana blockchain. What can content creators and token holders look forward to ? NFTs are all about the art, culture, and digital ownership. Team tokens have a strict vesting schedule with a cliff period. In addition to trading Genesis NFTs, Memberpass NFTs, and staking $ LIKE tokens, fans will also have the opportunity to invest in limited edition NFTs through the NFT Launchpads Initial NFT Offering (INO). * A : How activate the creator is across social platforms. How to Buy Only1 in Uzbekistan - Bitget.com Each piece of exclusive content will have its designated key-NFT. What Is Token-Based Authentication? | Okta FAQ - Only1 Social media users want to feel more connected with the creators on the platform. LIKE Tokenomics - ONLY1 WHITEPAPER - GitBook How Only1 (LIKE) Works. Only1 is the first NFT-powered social platform built on the Solana blockchain. A: The marketplace will have a platform fee of 5% (including platform revenue and token burn). NFTs have created a paradigm shift within the crypto industry, but more and more innovative products like Only 1 are emerging to solve the problem of centralization. It is a well known issue that traditional centralized social media platforms such as Facebook, Instagram, or YouTube profit heavily off their users creator and audience alike. For Premium Content-NFTs, users can pay a small unlock fee in $LIKE, each unlocking fee will be split between ( ). With Only1, users are rewarded for interacting and can create NFTs and share exclusive content with members. Many decentralized finance (DeFi) projects are funded and many developers and investors paid with a portion of the non-native tokens created for that DApp project. They will receive different proportions of the sale outlined in Fee structure table in the Cryptocurrency they list with. Change the wallet network in the MetaMask Application to add this contract. Token Sale ended 7 September 2021 $44,400 OF $44,400 (100%) WEBSITE WHITEPAPER social links Market & Returns LIKE token price $0.0034 ( +5.63%) 0.00000185 ETH 0.00000012 BTC 24h Volume $823,328 Market Cap $677,852 Returns since ICO 0.02x USD 0.04x ETH 0.03x BTC In Aave, investors deposit various cryptocurrencies into lending pools that borrowers can tap for loans by depositing collateral. By far, the most common is ERC-20 (or ERC20), which is basically a white-labeled standard ether token. What is the name of our native token? Create-to-Earn - The more quality content you create, the higher rewards you will get, Superfan-NFT sale and royalties from subsequent sales, Unlockable Content NFT sale, unlock fee and royalties from subsequent sales, Staking Pool Rewards - The more active across socials and quality content you create, the higher APY of your creator staking pool; attracting more users to stake $LIKE in your pool (higher TVL), hence higher rewards from having a y% split of the pool every day. How to Buy Only1 in Peru - Bitget.com 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 platform's creators. However, without sufficient buyback, the value of the token will appreciate only when there is a continuous stream of new buyers, and once the hype dies out, the token will merely become hyperinflated over time and lose its value. Car, Buy Twitter / Medium / Whitepaper / Website / Telegram / Discord A: Yes, in the future, were not planning to restrict any NFTs to be listed on our marketplace. No, the creator will not receive the 0.2% of TVL that the Superfan-NFT owner is entitled to. Only1's Token Burning Mechanism and Revenue Model (LIKE) Scalability Only 1 is very scalable for using Solana. With technological advancement and the growing popularity of gambling, the options, Litecoin (LTC) is a popular cryptocurrency that has attracted the attention of many, Cryptocurrencies keep operating close to the top after consistent advance, in the year the, The LUNC community reacted to the proposal to make CZ leader of Earth. Whats a Crypto Wallet and How You Can Avoid Losing a Quarter Billion Dollars? Our native token and NFTs grant holders unique access to the creators, ability to govern the platform and rewarded for doing so., A DeFi (or SocialFi) structure that pays content creators for simply being active on social media providing value to the audience.. Only1 also offers an NFT Marketplace and an NFT Launchpad. What problem(s) is Only1 trying to solve? Solana's infrastructure offers lightning-fast speeds and no memory pools providing the foundation for global adoption of blockchain and/or distributed ledger technologies. PYMNTS Crypto Basics Series: Whats a Satoshi? Every independent blockchain has its own native crypto that is used to reward miners and validators adding blocks to the blockchain and as a payment method, including for transaction fees. Ans: LIKE can be purchased on Raydium.io, AscendEX, KuCoin, Gate.io, MEXC Global and many more exchanges. They are usually either the only token accepted for payment within the. Unlocking fee will be in LIKE only. Chainlink. For instance, Ether represents the value of the entire Ethereum blockchain. If the project takes off and the tokens value rises, the backers get a big payoff. Some Ethereum-based decentralized applications also use Ether as an authorized currency to facilitate transactions. How Only1 (LIKE) Works. (Short Question)*A : LIKE. We had our IDO on Raydium.io 3 Aug 2021. Even for seed investors, they have 36 months vesting. They can chat, tip and receive tips in LIKE tokens on the Web3 Messenger as well. How to Buy Only1 (LIKE) in 2023: A Simple Guide - Vice Token Ethereum is a blockchain-based software platform with the native coin, ether. This means that content creators do not have to share the value created by their content with third parties. We help creators monetize without third parties via creator staking pools. In other cases, the native token carries the same name as the blockchain: Two notable ones are the Bitcoin blockchain with its native token, bitcoin, and the Stellar blockchain with stellar as its native token. Only 1 Token (O1T) Price, Charts, and News - Coinbase Or, if you want to make a smart contract in which Fred will sell Betty his car for $5,000, Betty will deposit (lock) that amount in ETH into the contract. What Does Proof-of-Stake (PoS) Mean in Crypto? This offering will kick start the Solana-based Private Sale Token series, which they announced earlier this month. Ans: No. Frequently Asked Questions - learn.only1.app The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". In 2022, Belarusian President Alexander Lukashenko signed a decree allowing the free circulation of Bitcoin and other cryptocurrencies in the country. The owner of the Genesis NFT, and the creator will both receive a small split of the staking pools reward! CoinMarketCap (Only1) LIKE Token Quiz Answers : CryptoMarkets - Reddit You can find others listed on our crypto exchanges page. Q: You mentioned that you will ship often rather than ship big. The value of any digital assets is closely tied to its supply and demand, simply put when there are more demand than supply, price appreciates. Ethereum is a critical component in decentralized finance (DeFi). The platform must also provide value to users more than just reward token incentives. Any non-native token built on Ethereum is built to standards set by Ethereums developers that let the token work in the smart contracts run on the blockchain. , the native token of the Only1 platform. With Solana, users of an NFT-powered social platform like Only1 can enjoy all the benefits of Web3 at the speed of Web2. This cookie is set by GDPR Cookie Consent plugin. An on-chain transaction costs just a fraction of a cent (average $0,00025 per transaction). How to Buy Only1 in Mexico - Bitget.com These NFTs hold unique perks including an Airdrop of 500 $ LIKE tokens and more. Since Only1 will automatically mint the Superfan-NFT for creators and list them on Only1's Marketplace, creators cannot sell their Superfan-NFT in other marketplaces. The cookies are used to store the user consent for the cookies in the category "Necessary". Only1's ultimate goal of renewing and innovating social media could have far-reaching effects. The live Only1 price today is $0.002815 USD with a 24-hour trading volume of $369,703 USD. How Only1 (LIKE) Works. Basic Information. The current creators are ones we know personally, so we have manually onboarded them. *A : All of the above. 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. Analytical cookies are used to understand how visitors interact with the website. But opting out of some of these cookies may affect your browsing experience. There are also non-native tokens that are derivatives of a blockchain built to rely on the native token. Validators are decentralized computers or nodes that approve and confirm transactions. The Ethereum blockchain has helped shape several industries because it was designed to have smart contracts, used to develop decentralized applications (dApps). Required fields are marked *. For the team, 48 months. The Convergence team is dedicated to democratizing private and illiquid assets, and the Only1 offer is part of the efforts of making private asset investment . What factors affect the APY of a creator staking pool? $ LIKE is a native token on the Only1 platform and is the primary mode for paying for NFT transactions and rewarding both fans and content creators. Ans: Only1 is the first web 3.0 social platform built on Solana. Will the royalties on marketplace be the same for every nft? How to Lose Your Crypto Without Being Hacked. Commerce, Real-Time Only1 also offers an NFT Marketplace and an NFT Launchpad. Similar blockchain-based economic model where users earn by engaging on the platform usually take the form of P2E (Play to Earn). Reddit, Inc. 2023. Valid for 3 months). An example of a non-native token on another blockchain is the USD Coin (USDC) token, found on the Solana, Stellar, and Algorand chains. See above! Content creators on Youtube are under constant pressure of censorship and demonetisation, while creators on platforms like Instagram and TikTok often have to rely on third parties (affiliate links, merchandise sale, paid shoutouts etc) to generate income. Imagine a world where both consumers and creators earn on the social platform they use. It is, effectively, a white-labeled cryptocurrency. Reddit, Inc. 2023. Q: Hello, what is the scheduled release of the $LIKE overall supply? Ans: Our native token is a spl-token- LIKE. Payments, More It will be best if we co-develop the platform with our creators and community, please let us know what you guys like! Topics, Editors While part of the revenue will go towards the foundation treasury, the other part will be burnt. The minimum expected value of the price of Only1 at the end of the current year should be $0.695. Q: Does the creators will launch their nft though the INO launchpad as well? However, we believe this is changing! By using the Only1 platform, fans will have the ability to invest, access and earn from limited edition content created by the world's biggest influencers/celebrities, all powered by NFTs. Fans can use $LIKE, or native platform token, to compete for NFTs Star on Only1 Marketplace, Fans will be able to bet $LIKE on their favorite influencers profile, The Genesis NFT owner as well as the creator will earn a share of the wagering rewards, Creators have the ability to post unique content in the form of an NFT, Fans bid on the Only1 marketplace for NFT using LIKE Token, When an NFT is purchased, a part of the LIKE tokens is burned, Other fans unlock content with LIKE, get lottery tickets (weekly draw). We help creators monetize without third parties via creator staking pools. To participate, nodes stake Ether, making them eligible. Answer: 1, 1% Q5) What factors affect the APY of a creator staking pool? CFX Drops 6% After Conflux Network Says DWF Labs Bought $18M of Its Tokens What Is Mining, and Why Doesnt the Business of Bitcoin Work. Users can choose to list Unlockable Content NFTs in $SOL or LIKE. Optimized for users Unlike traditional social media platforms, ads are optimized for users, not platforms. Q: Are you going to launch trading for nfts on the marketplace for projects that already exist and dont had an INO on only1? Only1 is down 4.79% in the last 24 hours. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not the user has consented to the use of cookies. Ans: It will be re-auctioned by Only1 after the 7-day auction. Web tokens are popularly known as JSON Web Token . It's technically called as the NFT-powered decentralized social platform that is constructed on Solana chain. Refer to the below video on Only1's proposition and features! On Only1, each creator will have ( ) Genesis-NFT where they can associate perks with these NFTs. On Only1, each creator will have ( ) Genesis-NFT where they can associate perks with these NFTs. All rights reserved. Here, the server and the client interface interact upon the user's request. An easy way to understand the token is that it is similar to a dollar bill. What NFTs can users sell on Only1 Marketplace? We are screening 24/7 for members that can be added to the list. ERC20 is an Ethereum token standard, widely used for the purpose of token issuance on various platforms. Litecoins price. For bitcoin, the ticker symbol is BTC, while XLM represents stellar. As early as 2023 according to our crypto price prediction index, Only1 (LIKE) can reach a maximum level of $0.625, with the average trading price of $0.4645. A: Were looking forward to implementing this feature however the main focus is to create the web3 future of social media with a decentralized DAO with the power of NFTs. *A : All of the above. In addition to being a derivative, non-natives tokens are developed for specific uses, either as the only source of payment within their ecosystem, particularly with dApps, or for governing a right on decentralized autonomous organization (DAO) projects.
Griffiths Middle School Schedule,
Grosse Pointe North Track And Field,
Articles W