Solana raised US$1.3 million in financing from Only1, the OnlyFans platform! Tens of millions of fans and creators will flock to

This site (120bTC.coM): Only1, a SocialFi platform that plans to build a similar adult content platform OnlyFans on Solana, announced yesterday that it has completed a round of strategic financing of US$1.3 million. The investment was led by crypto venture capital Newman Group, bringing the total raised to $4.8 million.

It is reported that other participating companies include Folius Ventures, Modular Capital and PetRock Captial.

As a social platform built on Solana and similar to decentralized Patreon, Only1 aims to help creators make money through the Create-to-Earn model and connect fans with their favorite creations in a unique way By.

Creators with tens of millions of fans will enter the platform

In addition, Only1 also emphasized that it is cooperating with agencies in Japan, Southeast Asia and Los Angeles to recruit more creators: It is worth mentioning that, We have confirmed that several creators with more than 10 million followers will join in May.

Previously, the platform also followed the lending agreement Solend and ridiculed MarginFi’s blood-sucking attack, saying that it would airdrop the native token $LIKE to users who quit OnlyFans and registered Only1.

OnlyFans creators talk about potential advantages and concerns

Potential advantages

However, professional OnlyFans creator Lucas Moreno still told The Block that he believes that even if the Only1 platform is indeed There is potential appeal, but also some concerns.

He emphasized that the biggest feature is that Only1 can resist the centralized censorship and decision-making made by OnlyFans in the past, making creators and users feel more free and secure: This is not only a big deal for me Attraction, for other people, too, because it keeps happening. Every few months they publish a new article explaining what they are banning.

In addition, he thinks that the mechanism in which OnlyFans takes 20% of the fees and subscription fees as platform handling fees, while Only1 will not charge additional fees, is also a very attractive highlight.

Potential concerns

However, Moreno also stated that the decentralized content review strategy may also have discrimination issues, and adding websites that are mainly heterosexual creators may also leave room for discriminatory content. potential space.

He also mentioned that although he is interested in the features of Only1, it will require a lot of education and explanation to get his fans to migrate and get used to the new platform, which is also a big challenge.

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