Updated April 2024
| Wallet | Usage | Address |
|---|---|---|
Foundation
Where LIKE was minted and unvested tokens locked
5n4cafyW7UoBE7NBxbkutBNxzHZ56wNyByaZWo5JSg5K
Staking Rewards
Tokens to be rewarded to stakers, creators, and superfan-NFT owners
2j1FgCXHsQQWSTL1v6UmHgcYtawZNbpK4bWxwcUSTDkK
Unlock
Wallet to store unlocked tokens
ARNaeRFF8ExzEpKw8Q7MZm24aTFZoLzGhibBExEzX7KK
Platform revenue
To collect platform revenues
TdoknqdswGs7GzLwsHigYRBJnRFFC9yQwpypi1yrrNF
The Ones NFT Royalties
To collect royalties from The Ones NFT secondary sales
9Srt6SvtZJjvC6PC3mzTG879uaP1g4zLJNpR8rSaFD3a
Updated April 2024
Tokenomics is the study of how a utility token operates within a platform. The value of digital assets is determined by their supply and demand dynamics; when demand exceeds supply, prices increase.
To sustain the value of the platform's native token, deflationary factors must outweigh inflationary ones. Additionally, the platform must offer value beyond token rewards to users. In essence, platform's revenue-driven token buybacks should exceed the token outflow for user rewards. In addition to implementing a buyback mechanism, there should be additional utilities that confer direct usage of the token within the application. This all is, Only1's vision for LIKE.
Read more about LIKE utilities, or dive into LIKE's tokenomics below:
Updated April 2024
Updated April 2024
Token Name: Only1
Ticker: LIKE
Blockchain: Solana
Total Supply: 500,000,000
Contract Address: 3bRTivrVsitbmCTGtqwp7hxXPsybkjn4XLNtPsHqa3zR