Web3 membership social platform Only1 launches with $10,000 prize pool

Only1 — an Animoca Brands-backed Web3 membership social platform — is launching an early access campaign with a $10,000 prize pool on March 17, 2023
Cointelegraph
Posted by Cointelegraph March 6, 2023 2 Mins Read
Only1 — an Animoca Brands-backed Web3 membership social platform — is launching an early access campaign with a $10,000 prize pool on March 17, 2023

Only1 — an Animoca Brands-backed Web3 membership social platform — is launching an early access campaign with a $10,000 prize pool on March 17, 2023.

Where Patreon and OnlyFans offer content subscription services, Only1 enables creators to monetize their content by launching semi-fungible tokens called Passes. It helps creators earn income and provide more exclusive access to fans.

Gary Vaynerchuk famously launched VeeFriends, where holders can engage with Gary directly. Content gating with digital collectibles is a growing user behavior, but the launch process is difficult, with a fragmented user journey. Only1 enables any creator to do the same in under 30 seconds for free on a single platform.

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$10,000 prize pool — Sign up now

Only1 is launching an early access campaign called Only100 on March 17, 2023, with rewards for 100 selected early users. Each of the five winning categories below will have 10 ranks, giving 50 winners a share in the $10,000 prize pool.

Event start: March 17 at 12:00 am UTC.

Event finish: April 14 at 12:00 am UTC.

How to participate: Apply here before the event starts.

Winning Categories: Most interesting content, most sales from passes launched, most trading volume, most social media shares, best product feedback.

Prizes per winner:

  • Rank 1: 300 USD Coin (USDC) + $300 in Only1 (LIKE) token
  • Rank 2: 200 USDC + $200 in LIKE
  • Rank 3 to 5: 100 USDC + $100 in LIKE
  • Rank 6 to 10: 40 USDC + $40 in LIKE

Rules:

  1. Each participant can only win one prize. If the wallet is entitled to two prizes, the team will pick the prize that is higher in rank.
  2. Most interesting content is judged by engagement and subjective team and community reviews.
  3. Most sales from passes launched and most trading volume are calculated by U.S. dollar value at the end of the competition, not the quantity of passes.
  4. Most social media shares require users to share the tweet, post or story screenshot to the ONLY100 Share Discord channel (enabled on March 17).
  5. Best product feedback requires users to submit feedback to the feedback form (enabled on March 17)
  6. Only early-access participants can launch passes. Applications will be accepted on a rolling basis.
  7. Users who applied to participate using the link above will be selected based on criteria such as social media activities, authenticity, Web3 proficiency and positivity.
  8. Only early-access participants can launch passes. But the most trading volume and best product feedback prize can be won by any user.
  9. Unoriginal or spammed content will disqualify the user from winning.
  10. Cyberbullying, fraud and impersonation will not be tolerated. Any user suspected of such behavior will be subject to internal review and ban.
  11. Only1 has integrated Google Vision artificial intelligence to detect and ban illegal content such as violence, child pornography and substance use.

Only1 will post updates on the 2023 roadmap, white paper, LIKE tokenomics and more, leading up to the early access launch. Follow Only1 on Twitter, Discord or Telegram for updates.

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