Built on Solana, Only1 is the first of its kind NFT-powered social media. It is also the most scalable blockchain thus far. Social media users want to feel more connected with the artists and creators on the platform.
However, in conventional social media, creators and artists have to go through a middleman to sell merchandise, release paid advertisements, and form partnerships. The company’s innovation through NFT aims to cut out these middlemen from the picture. And it plans to achieve that through two novel mechanisms.