Q and A

Q: What is Kyb requirement for corporates?
A: Know Your Business. Every merchant needs to provide a company registry form, and also dealshaker staff check their financial records to check if they are in negative balance which would increase risk of them being a fraud. Each merchant is being checked as thoroughly as possible in very professional manner so when they launch public, all is as safe as it can be.

Q: In Dealshaker search engine improved to be able find local merchants and faster approval?
A: This currently is early basic version of dealshaker. It will be developed and soon new version will be released. Hopefully for DS birthday. They will more and more work with community on implementing good ideas and fixing bugs.

Q: How purchases from Coinsafe are calculated when buying on dealshaker with ONE? For example if you buy from powerpack that has 24 mth lockup period and purchase on DS a coupon for 10 ONE, which go out of coinsafe. How many ONE is deducted?
A: It is simple, coinsafe interest will be released after 24 months pass. For ONE that you spend on DS you will not receive interest. For example, you have 1000 ONE with and 12% of interest you would have 1120 ONE after 24 months. If you spend 500 ONE in the mean time, you will receive only 12% interest on remaining 500 ONE in coinsafe so total 560 ONE

Q: Will there be Exchange within OneCoin ecosystem to exchange to other CC and when?
A: We do not know that presently but I would not be surprised that our exchange would be native for ONE, just like for example bitfinex, bittrex are native to BTC, so you change everything into BTC, we will have ONE, and all that they list can be changed to ONE. I am pretty sure they will do it and we will sure propose that. Such example is cryptocurrency RaiBlocks that have new generation of block latice technology and they have their native exchange bitgrail.com.
This is important because crypto market is blackmailed by the coinmarketcap and bitcoin exchanges cartel. People more and more want to buy altcoins but they are forced to first biu BTC and then altcoins where they lose money on high fees and time on slow bitcoin tx.

Q: Will Onecoin enable Exchange into utility token that is already on the open market before 8.10. should it be included with its products/services on DS?
A: As far as we know there are no utility tokens so far. Only OFC futures toen that will be able to be exchanged into ONE. On DS, we can only spend ONE, not tokens. As for other crypto tokens, that might be possible on their main exchange, to change ONE into other tokens but not at the start because they need to maintain initial huge demand cause most people are fiat zombies and only want to cash out which is bad for price and speculators tend to take advantage of price dips to buy as many as they can and after that they can manipulate price. But hopefully we will have order amount limits to prevent dumps and pumps.

Q: Is it possible that one of top4 auditors would audit OneCoin’s blockchain and issue a statement that confirms issue of new ONE and that all transactions (on DS or mereley transfers between members) are included in the blockchain?
A: That is possible of course but that would be waste of money, cause haters will deny everything as Onecoin paid them to do so. If they can say that 102 year old Wistrand swedish lawyer company took money to make legal statement, then they will say that to any big company, so why spend money, better save for future reserve buffer. If anyone wonders if onecoin has a blockchain they should revaluate if it is possible to have 10 blockchain projects per week out there and onecoin, a multibillion company does not have it? There is a recipe that they had made so blockchain can be safe, scalable and fast and they do not wish to disclose it. Yet. As for explorer, I will ask them about that, why don't they just make an explorer app and get this over with.

Q: Where did the OneCoin company put the 9 B EUR that it has gathered from oneacademy packages?
A: 30 eur activation fee is the money that goes to the Onecoin company, and some smaller part of network. The most of that money ended up in network making so many millionaires. Sadly, many of them were not mentally developed for such money and they went off their mind and left to other companies cause they were not smart enough to understand Onecoin. And in order to even begin to understand Onecoin, and why it is different, you need to understand the rest of the crypto market.

Q: Does the company make any monetary reserve or gather other liquid assets in order to be able to handle the liquidity pressure should people choose to sell ONE immediately after 8.10.? It would be a great advantage vs other CCs should the price of ONE remain stable after it goes on the open market.

A: Ruja is a financial expert, she knows what it takes to maintain stable price. One of those tools is preventing deflation by having a ONE buffer that will be off circulation, and also, they will NEED to make some demand and purchase some ONE at the beginning to roll the wheel.

Q: Will OneCoin enable Exchange to EUR or other fiat currencies directly to bank accounts or to other CCs that will be able to be sent to outside wallets where people control their own private keys.?
A: There will be fiar pair for sure. As for other CC, not sure, but hopefully yes, in time. Also we are not so sure that Onecoin will not issue software wallet with private keys too, or maybe even hardware wallet for people who wish to have full power over their asset. Cause with stable value, if you have option to store your own coins on cold storage, would be pretty huge advantage ;)