Only1 is the first NFT-powered social media platform built on Solana, the most scalable blockchain to date. It aims to enhance the connection between social media users and creators by eliminating the need for middlemen in selling merchandise, paid advertisements, shout-outs, and partnerships. This is achieved through two innovative mechanisms.

Firstly, Creator Genesis-NFT (and Creator Staking) - each onboarded creator will receive a Genesis-NFT, which they can associate with perks such as mentoring the Genesis-NFT owner on trading. Platform users can stake $LIKE tokens on individual creators, with the APY adjusting based on the creator's engagement with their fan base. Both the Genesis-NFT owner and the creator will receive a small portion of the staking pools' rewards.

Secondly, Content-NFT farming - creators can post exclusive content in the form of NFTs to be sold on the platform's marketplace. Users who purchase the NFTs can access the content, while those who prefer not to pay the full price can pay a low unlocking fee (e.g., 1 $LIKE, depending on the creator) to view the content. Part of the unlocking fee will go to the creator, and the rest to the content-NFT owner.

The platform incorporates token burn mechanisms from transaction fees in the marketplace. Additionally, each content unlock grants the viewer a lottery ticket, which can be used for a weekly lucky draw for airdrops.