The first decentralized NFT venture capital launched on Only1

Are you willing to invest in a private enterprise DEX pre-release (-IDO)? Why should venture capitalists (VCs) get the best token deals when you (the user) are the most valuable part of any project?

The blockchain startup provides DuckDAO users with initial or private token distributions to users who have joined the Telegram community and are licensed with DuckDAO tokens. This is achieved through non-fungible DuckSquad tokens or NFTs. Link to launchpad here.

Only1 is the first SocialFi platform on Solana. It helps creators monetize and publish NFTs.

New DeFi in NFTs: Decentralized Venture Capital

Venture capitalists or 500 ducks?

Decentralization is at the heart of blockchain startups, from game-money games and community moderation platforms to trustless peer-to-peer (P2P) lending. Why should institutions get the best token deals when you (the user) are the most valuable part of any project?

Venture capital has traditionally offered large checks to startups to fund their early growth by buying shares in the company. In the blockchain world, startups often sell Simple Agreements for Future Tokens (SAFTs) to VCs at favorable prices—often at least 50 percent cheaper than when the tokens were first offered to the public through IDOs or Initial Exchange Offerings (IEOs). %. Now you can even participate in these transactions. let’s continue.

how does this work

DuckSquad is a randomly generated collection of 3000 unique NFTs. 500 of the 3000 DuckSquad NFTs have a special attribute – The Quack Quack Balloon. NFT holders with Quack Quack Balloon have exclusive access to the private DuckDAO group on Telegram and the opportunity to receive allocations in five batches of Solana-based project seed rounds or private business streams. For the other 2500 NFTs that don’t have Quack Quack Balloon, considering that you already have access to the DuckDAO private group, keeping them will increase business flow as part of the Solana-based project.

example

Oliver has two DuckSquad NFTs with the Quack Quack Balloon property and one DuckSquad NFT without. He can join the DuckSquad Telegram private group and get 0.36% of the total distribution per transaction flow: 5 + 5 + 1 = 11, 11/5000 = 0.22%. Thus, a transaction to invest in the ABC project (warning: not a real project) with a total grant of $100,000 has been completed. Oliver managed to invest $220.

NFT Initial Offering Details (INO)

  • Quantity: 3,000 NFT
  • Price: 1 Solana SOL
  • Model: lottery allocation
  • NFTs per winning ticket: One NFT DuckSquad
  • Launchpad link is here

About DuckDAO

DuckDAO is a decentralized incubator that helps promising projects reach their full potential, democratizes early-stage investment opportunities previously only available to wealthy investors and venture funds, and opens a closed investment ecosystem for staged cryptocurrency projects system. DuckSquad is an NFT under DuckDAO that allows users to access business flows on Solana.

About only 1

Only1 is a Solana-based NFT-based social platform. We help creators monetize​​​ and allow fans to connect with their favorite creators in unique ways, similar to decentralized Patreon – read more about Create to Win (C2E) here. Only1 combines social media, NFTs, Decentralized Finance (DeFi) and the native LIKE token to provide a Web 3.0 solution for the creator economy and fan engagement.

The new world of decentralized social media is here and built at Solana. follow us understand more.

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