oneBanking Whitepaper
  • 👋Welcome to oneBanking!
  • About us
    • 🚀Vision, Mission & Focus
      • Vision
      • Mission
      • Focus
    • 💖Values
  • Team
    • 👋Meet the Team!
  • Introduction
    • 📱Overview of the banking app
    • ⚡Objective and vision of the app
    • 🪙Importance of integrating crypto and fiat currencies
  • IBAN Account Features
    • 💱Setting up the IBAN account
    • Use of Multiple Currencies
    • 📲Making transfers and setting up standing orders
    • 💳Credit card functionality
    • 🔐Security measures and data protection
  • Crypto Integration
    • 💱The most important functions of cryptocurrencies
    • 💶Converting between crypto and fiat currencies
    • 📊The integration of an Exchange and Wallet
    • 💹The all-in-one exchange
  • Bonus Points and Rewards
    • 🎁Introduction to the Reward System
    • 🎯Bonus Points and Multipliers
    • ✖️Our Multipliers Explained
    • 👊Earning opportunities through an investment
    • 📳Earning opportunities through app activities
    • 📈Converting bonus points into tokens
  • AI Features
    • 🚗Introduction to AI-powered insurance services
    • 📊Personalized investment and saving recommendations through AI
    • 🎶Automation of transactions and standing orders
    • ⛑️Financial Coaching
    • 📶AI Trading Indicator
    • 🤖Expansion of AI capabilities
  • Token
    • 🪙Introduction to oneToken
      • Role of Tokens in the Ecosystem
    • ⚙️Token-Eigenschaften
      • Definition Utility Token
      • Technical Specifications
      • Total Amount and Their Significance
    • 🫴Token Distribution
    • ⏰Schedule and Phases of Distribution
    • 🔩Use Cases and Benefits
    • 🌐Token Economic Model
    • 🏴Roadmap and Future Prospects
  • Security and Privacy
    • 🔐Measures to ensure the security of user data and funds
    • 🏛️Compliance with regulatory requirements
  • Future Plans and Development
    • 🛫Roadmap for future features and services
    • 💭Involving the community in development
    • 🤝Partnerships and integrations with other financial service providers
  • FAQs
    • ⁉️Answers to frequently asked questions regarding the app's use, security, and handling of crypto
  • Conclusion
    • 📣Summary of key points
    • 💬Invitation to join the community
    • 📧Contact information and support
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On this page
  • Bonus Points
  • We want to start a completely different approach here
  • Together we are strong
  • No empty promises
  1. Bonus Points and Rewards

Introduction to the Reward System

Let's now turn to one of the most exciting topics at ONE. Our bonus and reward system. Since we're seeking funding from our community, we want to share our success with our users.

We would have the possibility to seek institutional investors to start our project, but there is a risk that a large portion of the revenue would have to be paid out to the investors, without the users of ONE receiving any benefits.

Bonus Points

Through active usage of our apps, you can accumulate bonus points, which you can exchange for ONE tokens if you have activated a paid account package. You can elevate your bonus points to higher levels by activating multipliers.

We want to start a completely different approach here

Of course, early investors are rewarded, but not simply because they provide money. While this may assist us in our development, it could harm our ecosystem in the long run. To truly benefit from ONE, it is necessary to use the app. Only if we can generate a large number of active users for our app will ONE be successful and also make money.

We rely on the WIN-WIN concept here, as in our experience, it can lead to an unforeseen dynamic. For instance, if there is high cashback for your credit card payments, you will find many people who reduce a concept only to this cashback. This results in attempts to exploit the concept for one's own advantage.

Together we are strong

We have given a lot of thought to how we can solve this problem. Therefore, rewards from ONE are only possible if the app is actively used, thus contributing to a healthy ecosystem.

The more actively you use our app, the more we will reward you. The logic behind it is very simple - the more someone contributes positively to our ecosystem, the more they should be rewarded for it.

No empty promises

We have observed many competitors entering the market with empty promises.We give you 10% cashback per transaction! Plus, many other benefits, like free subscriptions to Netflix, Spotify, and the like. Even the biggest providers like Binance had to phase out this offer because it wasn't sustainable. So how could it work for new market players?One may initially raise a lot of money due to the greed of investors, but the concept simply does not work. This is what many examples from the past have shown us. We will not make this mistake and will adhere to our motto of sustainability from the very beginning. It will not be possible to exploit the reward system of ONE. If we win, you win. Nobody generates benefits at the expense of other users or investors. It's that simple.

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Last updated 1 year ago

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