Only1

What is LikeCoin?

LikeCoin is an application-specific blockchain built on the Cosmos SDK, focusing on decentralized publishing. It provides open-source tools ranging from infrastructure to publishing utilities, facilitating creators' transition into Web3.

Metadata Registry

LikeCoin's metadata registry is powered by the International Standard Content Number (ISCN), a digital content ID framework.

• ISCN: Records content metadata, intellectual property rights, and stakeholder information.
• NFT Integration: ISCN serves as the property rights layer for LikeCoin NFTs.

Integrated with Arweave & IPFS

LikeCoin integrates with Arweave and IPFS for permanent content storage.

• Perma-Pin: Users can perma-pin IPFS files with Arweave.
• Storage Location: LikeCoin records storage locations in ISCN metadata.

NFT Module

Utilizing Cosmos SDK's x/nft standard, LikeCoin enables content to be natively created as NFTs.

• NFT Classes: Create NFT classes under ISCN metadata.
• Web3 Transformation: LikeCoin envisions content evolving from web-native to NFT-native.

LIKE Token

LIKE is the native utility and governance token of the LikeCoin ecosystem.

• Governance: Facilitates content registry, storage, NFT creation, and rewards.
• Staking Incentives: LIKE is hyperinflationary, with staking incentives to secure the blockchain.

Project Development

Summary of the offical update from LikeCoin:

• The July 2024 Community Update covered several key topics, including suggested block explorer alternatives due to support discontinuation.
• Dung Kai Cheung's NFT eBook launch at the Hong Kong book fair was highlighted, featuring digital and limited editions.
• The LikeCoin 3.0 Green Paper progress was discussed, including a seven-step upgrade process and community feedback.
• Liker Land’s affiliate program expansion and NFT eBook Substack recommendations were also mentioned.

Other Projects in the Cosmos Ecosystem

• Cudos: combines blockchain and cloud computing for AI, Metaverse, and HPC applications.
• Onomy Protocol: a Layer 1 blockchain enabling multichain DeFi and Forex integration through cross-chain bridges.
• Sifchain: enable swaps, staking, and bridging between Ethereum and Cosmos with faster transactions and lower fees.

Only1 Price Analysis

As of November 25 2024 Only1 has a marketcap of $13M. This is {{percentagefromath}} from its all time high of $1.041. In terms of its tokenomics, there's a total supply of 500M with 70% currently outstanding. Keep in mind Only1 has a fully diluted value of $19M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.