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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  • Initial Coin Offering
  • Token Distribution
  • What happens now if all 50 million tokens are not sold?
  1. Token

Token Distribution

The supply and token distribution are not yet finalized. The information represents the current state of our planning. The tokenomics are still being reviewed by independent experts and consultations are being held.

The token distribution of oneTokens is relatively easy to explain. The proceeds from the Private Sale, Presale, and ICO are used for the development of the project.

This includes the development, marketing, and all costs associated with building up ONE.

The minimum target for the Private Sale is €150,000. This amount is necessary to develop the white-label app for ONE and to purchase the code. We acquire the code to be able to plan further programming independently and not be tied to a partner.

Additionally, the acquisition of the code significantly reduces the monthly costs. Keeping the monthly expenses for the project as low as possible is a primary goal.

This estimate includes the code for the IBAN account, the credit card, and the basic functions for cryptocurrencies (white label). The reward system and the token distribution are handled in this case through a simple smart contract. The costs for implementing additional functions and our AI are not included in the first version.

Once we have reached this funding goal, we will commission the app, and within a maximum of 3 months, we will launch our app. Until then, our PrivateSale will continue.

Initial Coin Offering

Reaching the fundraising goal of 1,000,000€ would mean that ONE has already secured the complete funding for the coming years.

However, since it would be very negative for the token price if we were to finance the further development via the token, no more tokens will be released into the market after the ICO.

Token Distribution

The token price is set at 0.1 USDT per token for the ICO. In the presale, the token price will gradually increase from 0.05 USDT to 0.09 USDT per token.

What happens now if all 50 million tokens are not sold?

Airdrop & Burning

Since our app is already on the market at the launch of the ICO, all active users already have the chance to accumulate bonus points. Bring your friends to ONE, help us carry the vision into the world, use our app, ... to make ONE as known as possible. With every action you take, you collect valuable bonus points and the remainder of the unsold tokens will subsequently be distributed to the owners of bonus points as an airdrop.

Each token is considered as 1 bonus point (tokens from your first level are also counted), so that investors get a fair share in the airdrop. The duration of the ICO depends on two factors:

  • How much revenue has ONE already generated from the app?

  • What are the costs for further development in order to deliver the promised features?

Should further development already be covered by the revenues, we will end the ICO sooner. If we are still lagging behind in terms of user numbers and revenue, we will increase marketing activities to find more investors and users.

This approach allows us to cover the ongoing costs from the revenues, despite further development, and at the same time, finance the implementation of additional features.

A portion of the unsold tokens will be irreversibly burned, so the supply will not amount to 50,000,000 at the time of listing.

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Last updated 6 months ago

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