DuckSquad – First decentralized venture capital NFT on Only1. started

Press release

Would you like to invest in a private exchange before listing DEX (-IDO)? Why should Venture Capitalists (VCs) get the best token deals when you – the user – are ultimately the most valuable part of any project?

Blockchain startups offer DuckDAO users a seed or private round token assignment that is distributed to those who have joined the DuckDAO token authorized Telegram community. This is achieved through inedible tokens from DuckSquad or NFT. The launchpad is linked here.

Only1 is the first SocialFi platform on Solana. It helps developers monetize and launch NFTs.

Novel DeFi NFT: Decentralized risk capital

A venture capitalist or 500 ducks?

Decentralization is a central feature of blockchain startups, from community censorship platforms and monetization games to trusted peer-to-peer (P2P) loans. Why should institutions get the best token deals when you – the user – are the most valuable part of a project?

Traditionally, venture capital would provide large checks to a startup to fund its early growth by buying shares in the company. In the blockchain world, startups often sell Simple Agreements for Futures Tokens (SAFT) to venture capital funds at a low price – often at least 50% cheaper than selling the Token Offer (IEO). Now you can even take part in these offers. Go on.

How it works

DuckSquad is a unique collection of 3000 randomly generated NFTs. 500 out of 3000 DuckSquad NFTs have a special attribute – Quack Quack Balloons. NFT holders with Quack Quack Balloon will have exclusive access to DuckDAO’s private Telegram group and the ability to receive awards for seed or private trade streams of Solana-based projects in the amount of five shares. For the other 2500 NFTs that don’t have a Quack Quack Balloon, keeping them will partially increase the flow of transactions for Solana-based projects because you already have access to the private DuckDAO pools.

example

Oliver has two DuckSquad NFTs with the Quack Quack Balloon feature and one DuckSquad NFT without. He can join the private DuckSquad Telegram group and receives 0.36% of the total allocation per transaction stream: 5 + 5 + 1 = 11, 11/5000 = 0.22%. As a result, an agreement is made to invest in Project ABC (disclaimer: not a real project) with a total allocation of 100,000 US dollars. Oliver invested $ 220.

First NFT delivery details (INO)

• Quantity: 3,000 NFT
• Price: 1 Solanas SOL
• Model: allotment lottery
• NFT per winning ticket: One DuckSquad NFT
• Launchpad link here

About DuckDAO

DuckDAO is a decentralized incubator that helps promising projects reach their full potential by democratizing access to early-stage investment opportunities previously only available to investors, Good and Venture funds and democratizing the closed ecosystem of crypto project investments in the Early phase is opened to everyone. And DuckSquad is an NFT under DuckDAO that gives users access to processing transaction flows in Solana.

About Only1

Only1 is an NFT-powered social platform based on Solana. We help YouTubers monetize and enable fans to connect in a unique way with the YouTubers they love, similar to decentralized Patreon – read more about Generating for Monetization (C2E) here. By combining social media, NFT, decentralized financing (DeFi) and the native LIKE token, Only1 offers a website solution for the 3. creation economy and fan engagement.

The new world of decentralized social media is here and is being built on Solana. follow us to learn more.