Unlockable Content NFT
Creators can create exclusive content, generate and list a key-NFT on Only1’s Marketplace with either a buy-now, bidding or English Auction option. Users can purchase these key-NFTs with SOL or LIKE (1% Discount on Platform fee) and gain access to the content. Users can also choose to unlock these content with an unlocking fee set by the creator in LIKE to access the content. The unlocking fee will be split between the creator, the key-NFT owner and the platform.
Creators' journey
- 1.Create exclusive content
- 2.Sign in to Only1.app with wallet address
- 3.
- 4.Receive SOL/LIKE on your sale and subsequent sales; and LIKE on your unlocks
Unlockable Content NFT Owners' journey
- 1.
- 2.Gain Access to the exclusive content
- 3.Receive 40% of every unlock during ownership
- 4.(Optional) Resell the Unlockable Content NFT on Only1 Marketplace and receive SOL/LIKE on your sale
Unlock users' journey
- 1.Unlock the Unlockable Content with LIKE to gain access to the content
Fee Structure
Creator - Receives 98%/99%* of initial Sale and 40% from every unlock; and 2.5% royalties from every secondary sales
Platform - Receives 2%/1%* of Initial Sale and secondary sales; and 20% of every unlock
Unlockable Content NFT Owner - Receives 40% of every unlock during ownership
*Platform fee will be reduced to 1% if secondary sale is in LIKE
Last modified 3mo ago
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Contents
Fee Structure