Only1, Metaverse (2025)

26/07/2022

The implication of publishing and promoting books 📚 with have been discussed extensively, however, of some of the books that are associated with NFTs have already expired. This triggers a very interesting question: How can NFTs preserve copyrights and royalties for books with expired copyrights?🤔

Copyright laws are complex and vary widely throughout the world, but no matter how long the copyrights are protected, given enough time, works will end up free in the public domain. However, there often remains a disconnected community that intrinsically values the work.
Currently, publishing houses have no incentives to collaborate with the estate of copyright holders that are about to enter public domain because the work will soon be free, a certificate of authenticity represented by a tradable might provide an incentive for such collaborations. The NFTs will carry the royalty further into the digital world even the the copyright expires and the work goes into the public domain and royalties can be generated through sales in the NFT marketplace.💵

Beloved characters and the worlds they inhabit can be a solid foundation for not only NFTs that can extend copyrights but also extended creativity across mediums.🫶🏻

What do you think about this idea? Do you think it’s feasible? Comment below!⬇️

25/07/2022

On June 10, Twitter’s co-founder Jack Dorsey announced the launched of platform but what actually is Web5?🤔

We have known Web1, and for a while, with Web1 being site for users to read content only, without direct interaction between them. Then Web2 gradually came with the emergence and proliferation of social networks. It is hard to pinpoint when Web3 was born, as web development is a process and it is here to solve the problem of personal data being used and third party engagement with the flow of money to users.

You may ask: so where is ?😮
Web4, also known as “Mobile Web”, is one that has the necessary infrastructure to adapt to the mobile environment. It enables mobility and voice interaction between the user and the robots and changes the relationship between humans sand robots which will have a symbiotic interaction.

So Web5, which Jack Dorsey called the Emotional Web, will be an interconnected network that communicates with us as we communicate with each other. It will be very powerful and run on interaction between humans and computers. TBD,a subsidiary within Block, was founded in July 2021 with the goal of creating “an open platform for developers”, now has its first goal to build Web5, where users will have full control of their own data. According to their presentation on Web5, the internet’s main problem is the lack of an “identity” layer, which personal data and identity are turned into property of third parties.

So is it really going to work? More initiatives focusing on achieving a decentralised web is definitely good for user, but it is essential that such initiatives can bring together all the technical and financial resources and people who are committed to the hard work and make it happen.💪🏻

24/07/2022

Social media has forever revolutionised the way we live and communicate, and permanently changed our culture and even retired our brains. Massive centralised players have successfully monopolised the industry, however they do not always cater to the best interests of users. Therefore, emerges which may threaten the status quo.

SocialFi promises to free users from the constraints of traditional social media, enabling them to enjoy benefits and freedoms, such as data privacy, censorship resistance, giving them full control over the sharing and of their personal data.☑️

In contrast to traditional social media, SocialFi networks spread the data throughout a web of nodes and everyone who helps maintain functionality is financially rewarded. Thus, overall security is improved as data breaches are minimised. Also, financial rewards are one of the major advantages SocialFi platforms offer over traditional social media.💵 can derive direct monetary benefits for publishing and sharing content. Social influence is , meaning users are given valuable incentives to post quality content that will generate traction.

As the internet moves toward decentralisation with Web3, SocialFi platforms will start gaining prominence and become essential in the preservation of freedom of speech and data sovereignty. Increased transparency and the absence of middlemen ensure the algorithm changes are monitored and content creators receive a fair share of profits. SocialFi also demonstrates the power of alternative funding through and tokens while Ω opportunities are also available. Moreover, users are allowed to decide whether they want to sell their information and to whom. ✅

In conclusion, SocialFi can undoubtedly have a positive impact on the world, ensuring users are rewarded for putting up with ads, creators receive a fair share of revenue and information flows freely despite the wishes of big tech.🌏

23/07/2022

is gaining popularity in , more and more people are engaging.

People from various backgrounds are embarking on this journey, but they have, until recently, been hesitant to declare their involvement in the blockchain space. Negative sentiments around due to the huge slew of scams disguised as crypto projects swept through the continent. 😣 Regulation has not helped either, in various countries, regulators have been issuing warnings to the general public about the dangers involved with crypto. But the situation has changed dramatically recently. Some investors who acquired property through proved to be great ads, and some of the degens have been sharing the good news about cryptocurrencies.

Large crypto corporations and some homegrown companies have been including celebrities to rebrand the name of crypto. They hope to re-educate the population about crypto and desire for a change of people’s attitudes. Also, more celebrities have entered to experiment, setting the stage for tech to be used to amplify creativity and harness new ways to connect with fandoms through . It is still too early to issue a verdict on how successful these experiments have been, however the level of activity in the space points to a lot of potential for the adoption of blockchain tech in the entertainment sector. Although some people might still be confused when they see all these people into crypto, but once the idea is explained, their sentiments started changing.👍🏿

At the end of the day, everyone has a role to play in ensuring crypto gets the recognition and adoption. 👯‍♀️Celebrities and corporations are all bringing people to cryptocurrencies in different ways, although brands, celebrities and stakeholders should still have to trend cautiously to prevent further controversy with a troubling brand image that only got cleaner recently.

21/07/2022

, the company behind Pokémon Go AR game has partnered with rewards application Fold to launch a Bitcoin-hunting AR game. The game will go public on Nov 23, and players will hunt Bitcoin and other prizes in the wild with smartphones. Fold CEO Will Reeves said the experience will be similar to Pokémon Go with the rewards replacing the creatures.

Player will be able to earn satoshis - the smallest possible denomination of Bitcoin, but also win spins that would allow them to earn more. In the future, player will be able to find actual that endow holders with special privileges, increased earning opportunities and benefits such as a permanent increase in rewards.

20/07/2022

After all, why retailers should be using ?

Tokengating improves on security, because ownership is verified through the blockchain, and there is no way to forge token ownership. Another main benefits of tokengating and NFTs in general, is that it puts distribution and therefore profits, directly in the hands of the creators with less middleman costs associated with creating and selling NFTs, hence making it more cost-effective for the sellers. Also, tokengating yields amazing benefits because of the (fear of missing out) effect it can create.

Some successful examples for retailers to provide added value for their NFT holder can be your reference.

Shopify and the popular NFT collection Doodles have partnered to create an immersive experience for festival goers and Doodle NFT holers. Holders had exclusive access to apparel and limited edition merchandise and were able to transact seamlessly using Shopify POS.

Another example of tokengating in the community is utilizing NFTs as membership cards. Flyfish Club, the world's first NFT restaurant, only accept Flyfish NFT holders to dine at their NYC restaurant. Members only have to pay a one-time fee to purchase the NFT, and two tiers are provided with different perks. Club members can also participate in a number of exclusive events and opportunities, such as member-only yacht party, purchase branded merchandise through the club's members-only, password-protected Shopify store.

So, will tokengating become the future of retail?
With tokengating, retailers can reward their customer with different exclusive access, while retailers make more income without too much middleman interference in the process, and ensuring the security of the customers. The built-in marketing power of tokengating makes it so useful to all kinds of businesses. But only time will tell if tokengating can be the general trend in the future.

20/07/2022

have been the biggest topic for different , being an alternative way for them to control how their works are distributed. Retailers have also joined the game and via , they give token holders access to exclusive products and services. So what actually is tokengating?

First, we need to discuss the fundamental concept of NFTs, which are tokens stored on a , a form of digital ledger that stores a record of each transaction that takes place and they can be purchased with or . NFTs are unique and not interchangeable and are commonly used to represent verifiable ownership of digital content and for authentication purposes, but other purposes are possible as well such as tokengating.

Tokengating is “a way of adding more value to an NFT by allowing the holder exclusive access to a community, content, or even physical products in addition to the digital token.” Holder may receive perks like discounts on new products, early access to store openings or invitations to members-only events. It can be applied in an infinite number of ways, it is up to the seller to come up with numerous ideas that give added value to their customers upon purchase of the .

Network users connect to blockchains using a unique public and private key pair, which is a wallet. If someone has your public key, they are able to send you tokens into the wallet and see what is in your wallet but without your private key, they are not able to access your wallet’s tokens. Programmers are then able to write software that looks into a wallet to see if they have a particular NFT and use that information to allow wallet access to do things based on whether it contains a particular NFT. It’s basically peeking into your wallet and check if you own a particular NFT, then essentially returns a value of yes or no.

19/07/2022

The National Football League ( ) 🏈 experimented with giving away commemorative ticket stubs to attendees of select live games last season, and the league now plan on bringing the initiative to significantly more game for the 2022 season.🎁

The NFL announced that it will offer NFT ticket stubs to attendees of more than 100 live regular season games during the season, which will include every single first-week game, starting with the Buffalo Bills v.s. the Los Angeles Rams on September 8 at SoFi Stadium. In addition, each of the league’s 32 teams will offer NFT ticket stubs for at least 3 home games over the course of the season.

NFL’s Club Business Development team has stated that they wanted to do something that all the clubs would be able to engage with and offer to their fans on a local level.👯‍♂️

19/07/2022

A new survey has revealed that some gamers have expressed interest in using in the , despite a backlash from a vocal part of the community.🎮

1000 adult PC, console and/or mobile gamers were interviewed, and 34% of respondents have showed their interest in conducting crypto transaction in Metaverse. The concern of play-to-earn (P2E) in the Metaverse is relatively well received by gamers, with 40% of respondents stating that they are interested in “pursuing a mix of both the ‘playing’ and ‘earning’ aspects of the Metaverse. More than half of the respondents also stated that they would happily work in worlds if they were able to earn digital currency from their labour. More than half of the respondents believe that Metaverse will change the video game industry and 41% of them think that Metaverse will have a positive impact on the industry.👍🏻

Some die-hard gamer have voiced distaste for and on numerous occasions, criticising the environmental impact of the technology and claimed that negative impacts are seen on gaming experience. 😾 However, the core argument appears to be a belief that companies are just looking for cash grabs in a similar vein to the controversial in-game microtransactions.

What do you think about including crypto transactions and NFTs in video games? 💭Comment below!⬇️

26/06/2022

Creators are tired of switching different apps and devices in connecting their audience. They need a one stop social platform that caters them with the tools needed in building and managing a gated community.

We hear you 👇🧵

1️⃣You don’t have to worry about the technical stuff in creating member pass to your content/ community
2️⃣From ideations to onchain selling, everything will be done in our NFT Marketplace/ NFT Launchpad.
3️⃣You are just a few clicks away to start your exclusive content and gated community with us using Memberpass NFT.
4️⃣ We are here to help 👉 Sign up as a creator on Only1

25/06/2022

Like👍 + Comment💬 + Share🔗 - the golden formula to support your favourite creators. Why not turn into direct support and access to your favourite creators at Only1?

At Only1, LIKE is the platform currency to support and gain access to creators

Utilities check 👇🧵

1️⃣Access to exclusive content with creators’ memberpass NFTs
2️⃣ Be part of your creator’s success by bidding their one and only Superfan NFT
3️⃣ Ping your creators and direct support them by tipping them in the ‘Messenger’ feature
4️⃣ Stake in Creators Staking Pools for rewards
5️⃣ Platform Governance: Content moderation and platform development

4 Days to Go🏃🏃‍♀️🚀🚀

24/06/2022

This summer, finally has its own social media platform 👀Only1 is launching on 29 June 2022!

What to expect🤔

👉Decentralized Social Media
👉Create-2-Earn and reward creators directly
👉First Social Media Build on Solana

More features and community events will be unlocked. Stay tuned!🚀🚀

15/06/2022

South Korea government will be investing over US$177.1M directly to various projects, which made them one of the first national government to do so.

The investment came under the “Digital New Deal” program set up to invest in emerging technologies, which is headed by the nation’s Ministry of Science and Information and Communication Technology led by Lim Hyesook.

The metaverse is “an uncharted digital continent with indefinite potential,” as mentioned by Lim, indicating the government’s interest.👍🏻

Th fund will be first utilised to build a metropolitan level metaverse platform, allowing citizens to access different government schemes and service virtually.🏛️

14/06/2022

Join our #1 creators live chat with Founder & CEO brand ambassador and creator this Thursday!

🗓 16 June 2022, Thursday
⏰ 11:00 UTC
📍Youtube live@only1solana

14/06/2022

Advancement in AI content will likely lead to a photo-realistic featuring exact replicas of users, combining the reality and digital world. However, one of the concerns is that how can we stop bad actors from getting the photo-realistic virtual versions of ourselves? Who know what those people want from us by using our faces and voices, for example, spreading political misinformation and sexually explicit image abuses?😵‍💫

In , we are willing to exchange our cookie data or information about what we buy online and what services we are using to make our lives easier, but ask yourself, are you comfortable with sharing your biometric information to corporations to create a virtual version of yourself?🤔 The may end up being nothing more than an endless Zoom call with a bunch or legless torsos floating around unless otherwise we are 100% sure that we are okay to give out our intimate data to content creators.

So how can we secure our identity in the ? We can positively assert ownership over our private biometric data, for example tech to stake a claim and track its usage by legitimate content creators. tech can provide a set of guardrails for a positive economy where individuals can safely share biometric data and appear as themselves in content experiences.⛓️ For the first time, these tools will allow users to participate in digital economies without having to give up control over their data.

13/06/2022

More big brands are joining the trend, but are these just for the show or are NFTs actually creating values? 🤔 Some suggested that are a very crucial part in the emerging economy for at least two reasons.👇
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A.Tokenise ideas at atomistic level, creating rivalry and exclusivity around goods and services by leveraging smart contracts on the (delivering NFTs to customers’ digital wallets when a purchase is made)

B. Efficiently attract and engage different tiers of customers each in their own unique way, NFTs allow brands to target specific customers and reward those who want to engage. 👯‍♀️👯‍♂️

Although the newcomers are mostly famous big brands, smaller organizations and independent businesses will be able to get benefits from NFTs in the future if sufficient energy and time are invested, as NFT launch costs less than large-scale campaigns and discounts, making it a more cost effective marketing option. 👍🏻

Apart from outward-facing component, could also have a significant impact on the internal labour market. One of the biggest challenges within organisations is the absence of a price mechanism, which can be resolved through the use of an internal economic system where tokens are used to facilitate exchange.

💡Do you agree that NFTs will play an important role in businesses in the future?

12/06/2022

eBay has officially launched their first NFT drop with a series of tokenised collectible featuring Nation Hockey League legend Wayne Gretzky. The collection depicts animated versions of the player that were inspired by Sports Illustrated magazine covers.

The collection comes in four tiers including green, gold, platinum and diamond, however the limited-edition diamond, platinum and gold tiers have already sold out. Secondary trade for the NFTs on the NFT platform OneOf, has been minimal so far.

Dawn Block, the vice president of eBay collectibles, electronics and home mentioned that NFT is “revolutionising the collectibles space” and emphasised that the firm is looking to bring NFTs to mainstream collectors around the world.

11/06/2022

NFTs have been a viral topic for the past few years, although there are still a lot of people trying to figure out what actually are NFTs and why do they exist, the demand of NFTs has been soaring and more institutions have been established.

We are currently in the era where different brands are looking to connoisseurs to educate them for a Web3 future, and it will be soon when they fully disintermediation and manage their strategy fully in-house. The space is going to grow up and evolve very quickly, are you ready for the evolution and meet the new generation of ?

Only1

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