Global Statistics

All countries
359,349,527
Confirmed
Updated on January 26, 2022 6:01 am
All countries
282,575,352
Recovered
Updated on January 26, 2022 6:01 am
All countries
5,634,665
Deaths
Updated on January 26, 2022 6:01 am

Global Statistics

All countries
359,349,527
Confirmed
Updated on January 26, 2022 6:01 am
All countries
282,575,352
Recovered
Updated on January 26, 2022 6:01 am
All countries
5,634,665
Deaths
Updated on January 26, 2022 6:01 am

DuckSquad– First Decentralised Venture Capital NFT Launches on Only1

Decentralising seed & private deal flows to the people

Would you prefer to invest in private deals pre-IDO? Why should VCs get the best token deals, when you– the users ultimately are the most valuable part of any project? 

Blockchain startups provide DuckDAO users with a seed or private round allocation of tokens which is distributed to those who have joined DuckDAO’s token-permissioned Telegram communities. This is achieved through the DuckSquad NFTs. Launchpad linked here.

Only1 is the first SocialFi platform on Solana helping creators monetize and launch NFTs. 

Novel DeFi NFT: Decentralising Venture Capital

1 Venture Capitalist, or 500 Ducks?

Decentralisation is the center ethos of blockchain startups, from a community moderation platform, to play to earn games, to trustless peer to peer lending. Why should institutions get the best token deals when you– the users are the most valuable part of any project?

Traditionally, venture capital would offer big cheques to a startup to fund their initial development by purchasing equities in the company. In the blockchain world, startups often sell SAFTs (Simple Agreement for Future Tokens) to venture capitals at a favorable price, often at least 50% cheaper than when the token is first offered to the public via IDO (Initial DEX Offering) or IEO (Initial Exchange Offering). Now even you can participate in these deals, read on.

How it works

DuckSquad is a randomly generated collection of 3000 unique NFTs. 500 out of the 3000 DuckSquad NFTs has a special attribute — The Quack Quack Balloon! Holders of the NFTs with the Quack Quack balloon get exclusive Access to DuckDAO private telegram group and have opportunities to obtain allocation to Solana-based projects seed/private deal flow of 5 shares. For the other 2500 NFTs without Quack Quack balloon, holding them increases Deal flow to Solana-based projects by 1 share (Given that you already have access to DuckDAO Private Groups).

Example 

Oliver has 2 DuckSquad NFT with Quack Quack Balloon attribute and 1 Ducksquad NFT without. He can enter the DuckSquad private telegram group and get allocated 0.22% of total allocation per deal flow. (5 + 5 + 1 = 11, 11/5000 = 0.22%) Therefore, a deal comes through to invest in ABC project (Disclaimer: not a real project) with $100,000 total allocation. Oliver gets to invest $220.

Initial NFT Offering (INO) Details

  • Quantity: 3,000 NFTs
  • Price: 1 Sol
  • Model: Lottery for allocation
  • NFT per winning ticket: 1 DuckSquad NFT
  • Launchpad link here

About DuckDAO

DuckDAO is a decentralised incubator that helps promising projects achieve their full potential by democratising access to early-stage investment opportunities that were previously available only to well-heeled investors and venture funds, opening up the closed ecosystem of early-stage crypto project investments to everybody. And DuckSquad is the NFT under DuckDAO that grants user access to deal flows in Solana.

About Only1

Only1 is an NFT-powered social platform built on Solana. We help creators monetize and allow fans to connect with the creators they love in a unique way, similar to a decentralized Patreon — read more on Create-to-Earn (C2E) here. Mixing social media, NFTs, DeFi and the native token LIKE, Only1 offers a Web 3.0 solution to creator economy and fan engagement.

The new world of decentralized social media is here, and it’s being built on Solana. Follow us to learn more.

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