Onlyfun
Onlyfun is a zero-cost blockchain content platform with multiple mainchain support, independent content columns, NFTs, mining, and cross-chain functionality for secure transactions and community interactions.Application
Applied on: 26 Aug 2023 12:36 PM
Pending
User Review
AI Review
A1
Reviewed on 14 Feb 2024 11:43 AM
The Grant must be in support of or directly advance the Global Chinese Community blockchain ecosystem; At least one founder or team member uses Chinese as their daily language
The Onlyfun project appears to be tailored towards the Global Chinese Community, as evidenced by its focus on blockchain technology and the provision of a multi-chain platform. Although the use of Chinese by at least one founder or team member is not explicitly stated, the context suggests that the project could be targeting a Chinese-speaking user base.
Projects haven’t received significant external funding via venture capital, token launches, or NFT sales
Onlyfun project has engaged in token launches (OFC Token) and NFT sales (Cyber Fox NFT, Treasure Box, Commemorative Coin NFT, Onlyfun Founding NFT), which could be considered significant external funding. Therefore, it does not meet this criterion.
The Grant may not have any form of quid pro quo that has financial value (a scenario in which a user gets some additional unique benefit/award in return for their donation).
The project offers NFTs (e.g., Cyber Fox NFT and Founding NFT) that could potentially increase in value and be resold, presenting a financial value return for contributions. This seems to indicate a quid pro quo that has financial value.
The Grant owner must be directly affiliated with the project, the funds must go to the project and be used for the purposes stated in Grant’s details.
There's insufficient information provided to ascertain whether the Grant owner is directly affiliated with the Onlyfun project. Affiliation and usage of funds according to the grant details cannot be verified without additional data on the grant ownership.