The Only1 "Learn & Earn" campaign will run from November 23rd to December 22nd.
What is Only1?
Only1 is the first NFT-powered social media built on Solana. Social media users want to feel more connected with the creators on the platform. And in conventional social media, creators have to go through middle-man to sell merchandise, paid advertisements, shout-outs, or any form of partnerships. Their innovation through NFT aim to cut out the need for these middle-man through two novel mechanisms: Creator Genesis-NFT and secondly, Content-NFT farming.
Before taking the quiz, make sure to learn about Only1 through the 5 lessons below. Even though I provide the answers, the whole purpose is to learn something new:
- What is Only1?
- Genesis NFT and how to stake and earn from Creator Staking Pool
- Only1 Initial NFT Offering
- Trade and earn on Only1 Marketplace
- Join Only1 today!
How to take the quiz?
Make sure to have a CoinMarketCap account and a Binance account (KYC verified) as you will need a Binance user ID to complete the quiz. The tokens will be dropped into your Solana Wallet (Phantom works pretty well).
Once you're all set, you can now take the quiz to which you will find the answers below:
- What problem(s) is Only1 trying to solve?
All of the above - Only1 allows content creators to monetize directly by simply being active and engaging across various social platforms, what do we call this?
Create-to-earn - What features do Only1 offer?
All of the above - On Only1, each creator will have (....) Genesis-NFT where they can associate perks with these NFTs. The owner will earn (....) of the creator’s staking pool TVL.
1 & 0,5% - What factors affect the APY of a creator staking pool?
How active the creator is across social platforms - What is the name of our native token?
LIKE - For Premium Content-NFTs, users can pay a small ‘unlock fee’ in $LIKE, each unlocking fee will be split between (....).
The creator, content NFT owner and Only1 platform - Initial NFT Offering (INO) is a new cryptocurrency crowdfunding innovation pioneered by Only1. What are the benefits of doing an INO?
All of the above - Only1’s INO: The ONES offered (....) unique mints at the price of (....).
10,000 & 1 $SOL - What NFTs can users sell on Only1’s marketplace?
All of the above - What is your SPL (Solana) wallet address for reward distribution?
(ex: 3bRTivrVsitbmCTGtqwp7hxXPsybkjn4XLNtPsHqa3zR) - Add Only1 to your public watchlist and paste the URL
(ex: coinmarketcap.com/watchlist/605f6a56c7173f644f765318)
Successful users will receive $5 worth of LIKE as a reward and 50 Diamonds additionally. Note that the rewards are limited and distributed randomly.
Thanks for reading.
Disclaimer: All information found on this article is for informational purposes only. I do not provide any personal investment advice so please make your own research before proceeding to any investment/trading actions.
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