Only1 is a cutting-edge membership platform of the next generation, introducing innovative concepts and terminology that may be new. To aid in navigating the platform, a glossary has been created where key terms and their explanations can be found
| Term | Definition |
| Digital Currency | A digital currency is a currency based on crypto technology, built on top of a digital network. For example USDC, SOL or LIKE are digital currencies. |
| Digital Wallet | A digital wallet is a place to receive, send, and store USDC. Similar to a regular wallet contains cash yet digital. |
| Passes | Passes are a new type of membership, which are digital, permanent, number limited-memberships and even tradable. |
| P2P | P2P stands for Peer-To-Peer. On Only1, payments are Peer-To-Peer, which means users directly pay creators for purchases. |
| SOL | SOL is the digital currency for covering network fees during user interactions on Only1/Solana. It can also be used to purchase passes when they are offered in SOL. |
| Solana | Solana is the digital network where Only1 processes payments and transactions, and users maintain their digital wallets. |
| Staking | Staking allows users to earn rewards by depositing Only1's digital currency (LIKE) in a creator's pool. Also: The more users stake in a creator's pool, the lower the fees creators need to pay |
| USDC | USDC is a digital stablecoin, pegged to the value of the U.S Dollar. It's the main interaction currency to purchase passes or send tips. |
| Wallet Address | This digital wallet comes with a long wallet address, similar like every credit card or bank account has a card number. It is the recipient number for received USDC. |
| Wallet Recovery Key | Every digital wallet also comes with a wallet recovery key. Through employing the wallet recovery key users can recover their digital wallet and funds, if access is lost to the social login or email. |