• Only1 has raised $4.8 million to additional its objective of constructing “OnlyFans on Solana.”
• Its options embody AI-powered CRM instruments, gasless transactions, and OpenAI-driven content material moderation.
• Buyers who supported Only1's mission embody Newman Group again, Folius Ventures, and Modular Capital.

Only1, a pioneering content material membership platform constructed on the Solana blockchain, has efficiently closed a strategic funding spherical elevating $1.3 million. The platform introduced this milestone on April 21 by its official X account.

The announcement stated that this capital injection brings the full quantity raised to $4.8 million. Subsequently, the report famous that the brand new capital energy will advance Only1's mission to determine “OnlyFans on Solana.”

This funding spherical was spearheaded by Newman Group, which marked a major milestone with Only1's first stake sale. The money injection will probably be important if the platform is to achieve 10 million customers and turn out to be money circulation optimistic by the tip of 2024, in keeping with the report.

Key options of the Only1 platform embody a CRM instrument that fosters collaboration between creators and businesses, gasless transactions that allow USDC-only on-ramp funds, and an OpenAI-powered content material discovery and moderation system.

Moreover, Only1 revealed that its group owns an in-house creator company. We additionally accomplice with a rising company community in Japan, Southeast Asia, and Los Angeles to make sure a gradual circulation of high-profile creators.

“We've confirmed that a number of creators with over 10 million followers mixed will probably be becoming a member of us in Might, so keep tuned,” the assertion reads.

Finally, the Only1 group thanked traders for sharing Solana's imaginative and prescient for the way forward for the creator financial system. Buyers embody Newman Group, Folius Ventures, and Modular Capital.