April 21, 2024
Only1, an NFT-focused social media platform, has raised $1.3 million in a calculated financing round. This round involved several angel investors, including PetRock Capital, Modular Capital, and Folius Ventures. With this funding, Only1's total raised amount is $4.3 million.
Project | Latest Raise | Latest Raise | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
Only1 | Apr 21, 2024 | $1.3M | Seed | $4.3m | Newman Group | NFT |
Only1 is built on the Solana Blockchain, utilizing blockchain technology for content membership and decentralized payment settlements. It offers CRM tools that help creators manage relationships and monetize content. The decentralized system ensures transparency and security for users.
Only1 will use the funds to enhance its platform, aiming to help creators and institutions overcome challenges and better monetize their content through a decentralized system.
According to an Only1 representative, "Our platform provides novel solutions for content creators to monetize their work using blockchain technology."
Only1 aims to revolutionize the social media landscape by leveraging NFTs and blockchain technology to create a transparent and secure environment for content creators.
About Only1
Only1 is an NFT-powered social platform built on the Solana blockchain. It focuses on content membership and uses CRM tools and a decentralized payment settlement layer to help creators and institutions monetize their content.
Website: www.only1.io
X Account: @JoinOnly1
X Followers today: 54,600
X Followers 30 days ago: 52,414
X Follower change: 2,186 (+4%)
About Investor
Investor: Newman Group
Description: Newman Group is a venture capital firm supporting innovative projects in the blockchain and technology sectors.
Location: United States
Website: https://newman.group/
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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