On the 13th of July 2017, there was a one hour webinar held by the founder of onecoin Dr Ruja Ignatova, the CEO of onecoin limited Pierre Arens and the Number one network master Sebastian Greenwood.
On this webinar, Dr Ruja Ignatova stated that onecoin is not an investment company. We are not selling onecoins and we are not a cryptocurrency. When onecoin limited goes public in the year 2018 and gets listed on a stock exchange, then people can now buy onecoins directly from the company. It is at this point that we can call the coins that you have bought directly as an investment.
What then is onecoin and what is the difference between onelife and onecoin? Someone might ask:
Onecoin is a cryptocurrency mined by onecoin limited. Onelife is an ecosystem owned by onecoin limited that uses network marketing to sell its educational packages to ordinary everyday people like you and me. The educational packages teach you what a cryptocurrency is, how to acquire it, how to sell it, the risks associated with it etc. These packages have been designed for ordinary people and segmented into 7 different levels. Each level of educational package comes at a price. The higher the package level, the higher the price you pay for it and you get access to more educational content if you buy the highest level of educational package.
When you buy an educational package from the onelife network, you are given a token. The number of tokens you get depend on the level of educational package you buy. The higher the package, the higher the number of tokens. These tokens are just a way of saying THANK YOU for purchasing our educational packages. You can then go ahead and submit the tokens into the onecoin mining pool and wait for your onecoins to be mined for you. The tokens are for FREE. You can decide not to submit them into mining. Some people are only interested in the educational packages and don't put the tokens into mining. So, the educational packages you buy from the onelife network/platform are not an investment in the sense that the packages do not earn you any monetary or financial benefit in the future. But the onecoins you get after mining or from onecoin limited after 2018 will be of great value to you in the future. Remember, the value of the onecoin cryptocurrency is determined by usability. The factors of demand and supply drive the value of the coins.
Onecoin is a cryptocurrency mined by onecoin limited on its closed-source blockchain. In a nutshell, the onecoins that you get after submitting your tokens into mining is just a gift from the company. Remember, you stand to benefit greatly if the value of the coins goes up. That's what onelife members and onecoin owners are hoping for.
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