What is Only1 (LIKE)? Decentralized Social Media Platform for Creators

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Bittime - The social media industry has grown rapidly in recent years, but centralized platforms like Facebook and Instagram still dominate.

The platform is often criticized for its lack of transparency, centralized data control, and algorithms that disadvantage creators.

Only1 (LIKE) is here as an innovative solution to overcome this problem. This decentralized social media platform gives creators full control over their content and monetization, as well as building stronger communities with fans.

What is Only1 (LIKE)?

Only1 (LIKE) is a decentralized social media platform focused on creators and communities. The platform allows creators to create exclusive content, build communities, and monetize their work directly with fans.

Only1 (LIKE) Key Products & Features

• Exclusive Content: Creators can create and sell exclusive content in the form of videos, photos, audio and text.
• Subscriptions: Fans can subscribe to their favorite creators to get access to exclusive content and other benefits.
• Direct Payments: Creators receive direct payments from their fans in LIKE cryptocurrency.
• Community: Only1's platform allows creators and fans to connect and build communities.
• Governance: LIKE token holders can participate in platform governance and determine the future of Only1.

Also read: What is BuildAI (BUILD)? AI Platform to Make it Easier to Create Telegram Bots

What is LIKE Token?

LIKE is a native cryptocurrency token used on the Only1 platform. The LIKE token has several functions:

• Payment: LIKE is used to purchase exclusive content, subscribe to creators, and tip creators.
• Governance: LIKE token holders can participate in platform governance and determine the future of Only1.
• Staking: LIKE token holders can stake their tokens to earn LIKE rewards and increase their income.

Tokenomic Token LIKE

• Total Supply: 500,000,000 LIKES
• Circulating Supply: 273,286,650 LIKES
• Max Supply: 500,000,000 LIKES

Also read:

Only1 (LIKE) Fundamental Analysis

• Trading Volume: $804,741 USD (last 24 hours)
• Market Cap: $9,269,494 USD
• Current Price: $0.033919 USD
• CoinMarketCap Ranking: #1043

Comparison of Only1 (LIKE) & Competitors

Only1 (LIKE) Price Prediction 2024

Predicting cryptocurrency prices correctly is difficult, because the cryptocurrency market is very volatile and influenced by various factors. However, based on historical data and Only1's fundamental analysis, here is the LIKE price prediction for 2024:

Minimum Price: IDR 500 Average Price: IDR 750 Maximum Price: IDR 1,000

Factors that could drive LIKE prices in 2024:

• Increased adoption of the Only1 platform: As more creators and users join the Only1 platform, the higher the demand for LIKE tokens.
• New feature launch: Only1 plans to launch several new features in 2024, such as an NFT marketplace and a video streaming platform. These new features can increase the value and utility of the LIKE token.
• Increased awareness and interest in cryptocurrencies: The more people know and are interested in cryptocurrencies, the higher their likelihood of buying LIKE.

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Factors that could hamper LIKE prices in 2024:

• Competition from other decentralized social media platforms: There are several other decentralized social media platforms that compete with Only1, such as Cent and Minds. This competition can reduce the price of LIKE.
• Cryptocurrency regulations: Strict cryptocurrency regulations may hinder the growth of the cryptocurrency market and negatively impact the price of LIKE.

It is important to remember that these predictions are based solely on data analysis and do not constitute financial advice.

Conclusion

Only1 is an innovative decentralized social media platform with huge potential to revolutionize the social media industry.

This platform offers various interesting features for creators and fans, and is supported by an experienced and renowned team.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via  Bittime .  Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on  Bittime ,  make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into  your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn  Complete Guide How to Buy Crypto on Bittime .

Monitor price chart movements  for Bitcoin (BTC) ,  Ethereum (ETH ) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime.

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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.