OpenAI Developing Revolutionary Social Network to Challenge Elon Musk, Says Report

OpenAI is reportedly developing a futuristic social network platform that aims to compete with Elon Musk’s existing ventures. The project, known as “X,” is said to integrate advanced artificial intelligence technology to create a unique user experience. According to reports, the OpenAI team is working on revolutionizing the online social landscape by introducing a platform [...]

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Napster, the Revolutionary Music Pioneer, Sells for $207M Unveiling Plans for Music Metaverse

Napster, the groundbreaking file-sharing platform that revolutionized the music industry in the late 1990s, has made a significant move into the world of music-focused virtual environments known as the metaverse. The company recently announced the sale of $207 million worth of digital music assets to a mysterious buyer. This sale marks a momentous shift for [...]

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NymVPN introduces revolutionary decentralized VPN in response to privacy crackdown

In the midst of intensifying efforts to curb privacy violations, NYM VPN has unveiled a groundbreaking fully decentralized VPN service. This innovative solution comes at a crucial time when online privacy is under siege, as governments and corporations ramp up surveillance and data collection activities. By leveraging blockchain technology, NYM VPN ensures that user data [...]

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Only1 mainnet goes live with a revolutionary C2E ecosystem

Only1, the NFT-powered social platform on Solana (SOL), has announced its public launch and unveiled several features meant to boost mainstream content creators’ entry into Web3.

The platform’s mainnet launch comes about nine months after going live in Beta, with key features such as a native token LIKE, social media, Superfan NFT, DeFi and creators staking pool, NFT marketplace and Launchpad.

With the Mainnet launch, Only1 opens up the world of digital content creation and offers users access to a Web3 solution that could revolutionise the creator economy – Patreon on Solana.

It’s happening bro.

Patreon on @solana is going to disrupt the creator economy ?? https://t.co/KMSQjEzRvQ

The Creator Earnings: Benchmark Report 2022 puts the creator economy at over $104 billion, highlighting the numerous developments that have creators on legacy social platforms earning from their content amid greater fan engagement.

Indeed nearly 35% of survey respondents in the above benchmark report said they care most about fan engagement, building their fan base over a four-year period. This group has an average annual earning rate of about $50k, suggesting increased earning opportunities from platforms such as Instagram, YouTube, Spotify, Facebook and TikTok.

But even with the increased monetisation, the space is still tethered by massive censorship. Creators also suffer injustice when it comes to revenue sharing, with models skewed heavily against them. It is a scenario that has many top creators looking into NFTs and Web3 – a paradigm shift that could benefit more from developments such as Only1 and Solana’s launch of the Web3 phone Saga.

Just like the dawn of smartphones revolutionised social media and heralded the creator economy, social platform Only1 aims to transform the C2E ecosystem.

Only1’s public launch offers one of the steps towards reality with a gateway to decentralised social media, built on a platform that guarantees scalability and the micro transactions environment that will boost mass adoption among creators.

Already, Only1 has onboarded top content creators like Disney actor Issak Presley, Hong Kong-based singer-songwriter Hanjin Tan, and video content creator Sarah Snow.

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