OneOf is a green NFT marketplace built on the Tezos and Polygon blockchains, where creators can feature their NFT collections within the music, sports, or lifestyle categories. The platform uses a proof-of-work network that costs significantly less energy than traditional networks, enabling transactions on the platform to not incur any gas fees. Platform features include the creation of NFTs with varying rarities, NFT collections, and NFT drops (which allow users to purchase a digital token experience from their favorite artists via cryptocurrency, debit/credit card, or marketplace credit). In June 2022, the company launched its “Offers” function, which lets users send, receive, and manage their NFT offers on the OneOf Marketplace.
Key customers and partnerships
Notable creators on the platform include musicians Doja Cat, G-Eazy, baseball player Nolan Ryan, and companies such as American Express and Gatorade.
In August 2022, OneOf partnered with Globe Entertainment and Media to bring images of musicians, movie stars, comic book characters, and cultural events into the platform as NFTs. In January 2022, OneOf formed a white-label partnership with Warner Media Group (WMG) to create a range of NFTs for WMGs catalog of artists.
Funding and financials
In August 2022, the company raised USD 8.4 million in a funding round with participation from Amex Ventures and Chain Link Crypto Fund, among others. The funding was to be used for the development of its NFT platform. The company also raised USD 63 million in a seed funding round in May 2021.
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