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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  1. Token

Token Economic Model

The oneToken is deflationary, there is a set upper limit, and no more tokens can be minted (come onto the market). Tokens distributed as rewards to active users therefore remain within the ecosystem, and the burning of 2% of ONE's monthly revenues reduces the circulating supply each month.

The value of Bitcoin lies in its limited availability, and the same goes for oneToken. Through burning, we not only have limited availability but also create deflation. The longer you hold onto your oneToken, the more valuable your stakes become. As long as ONE generates income, the token price will increase. In the long run, prices similar to those of Bitcoin are possible, as the circulating supply continues to shrink.

Through this model, we ensure that it is always advantageous to hold the oneToken in the long term in one's portfolio, thus avoiding sharp declines in the price. Since we have already invested in many new projects that knew only one direction after the listing, we place a high value on our token model being able to demonstrate sustainable growth. Even if there were no other token buyers or investors, the repurchase would increase the token price. Temporary price declines, of course, cannot be avoided, but these would be offset by the repurchase.

The token model is inextricably linked to the success of ONE. We specifically chose to spend 10% of our revenue (not profit) on token buybacks. This prevents the team from simply making a lot of expenditures to avoid showing any profit (often done to reduce taxes), but instead 10% of all revenues are used to buy back tokens from the market and distributed back to active users and token holders.

This involves a unique token model so far, and although the oneToken is a utility token, its performance is inevitably tied to the success of ONE. Therefore, we expect active support from the community in spreading ONE.

Conversely, ONE is not dependent on the token price or the development of the token. Many users will use the app simply because we aim to become the best financial app on the market, one that offers so many advantages that people enjoy using it.

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Last updated 6 months ago

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