DuckDAO partners with Only1 to deliver innovative DealFlow NFTs
Since our DuckDAO Hunters adventure last year we haven’t really delved deep into NFTs, however, we’ve learned so much that when our friends at Only1 reached out with an idea to launch a utility NFT, we were immediately engaged with the idea.
We will be minting 3,000 unique generative art NFTs using the Only1 platform. Out of these, 500 will be special access NFTs that can be used to gain entry into private groups and tap into Solana-based deal-flow. The other 2,500 are also not just collectibles, but rather can be used to increase your allocation size by one share if you already have one of the 500 special NFTs.
How to participate?
Only1 is taking charge in this process to help us deliver these NFTs in a fair and equitable way. They’ve prepared an announcement that contains everything you need to know about participating, as well as additional details regarding the NFTs.
If you are interested in the DuckSQUAD NFTs, read the article linked below.
First DealFlow NFT — DuckDAO Launches on Only1
Decentralized VC on Solana. Who will win? One VC or a 500 ducks?
What to expect?
We learned so much from DuckDAO Hunters Season 1 and know that collectible NFTs are not a great idea, which is why we were more than happy to start working with Only1 from the moment we realized that we can use NFTs to provide real, tangible value and utility.
The 500 holders will gain access to a special, private group on Telegram and 5 shares of allocation, managed by an Only1 Telegram Bot to verify NFT ownership and share calculation.
As you may know already, DuckDAO is confident that the future is cross-chain, and Solana being so different from EVM compatible chains is putting us in a bit of a difficult situation. However, with these NFTs we can provide the first of hopefully many bridges to Solana deal-flow and it will show our commitment as a project and community to help fund Solana.
Only1 is an NFT-powered social platform built on Solana. They help creators monetize and allow their fans to connect with them in a unique way, similar to a decentralized Patreon — read more on Create-to-Earn (C2E) here.
Mixing social media, NFTs, DeFi, and the native token LIKE, Only1 offers a Web 3.0 solution to creator economy and fan engagement. The new world of decentralized social media is here, and it’s being built on Solana.
Follow them to learn more:
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DuckDAO is a community-backed digital asset incubator that provides promising early-stage crypto startups with the expertise, financial resources, and marketing power needed to fast-track their progress on the path to success.