ONe Social Network Built on Trust and Transparency Readies Its TGE

Jul 05, 2018 at 12:57 // PR
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ONe Network lets social media users retain full control of their data and privacy with a September 18th main sale token launch.

In today’s world, we are our data. ONe Network believes no one should own you but you. 

So, we’re launching a blockchain-powered social media platform designed to revolutionize the way you talk with friends and family, have intimate discussions, and meet new people. We’ve got the features you already know and love, but the substantial change is that you get to keep control over all your data at all times. 

To power this new social network, we’re launching our own coin: the Onebit Token (OBT). Going on presale and main sale during a token generating event running July 31, 2018, to October 31, 2018, OBT will be used to power our network, ecosystem, and marketplace. Content creators, as well as users, will be rewarded with OBT during the life of the platform, and there will be multiple ways to spend the tokens or for you to sell digital goods to earn even more tokens.

About the OBT

The Onebit Token (OBT) is an ERC20 compliant token that will power the ONe Network and its ecosystem and Marketplace. It will be used within our platform to exchange value between users for digital content, services, and subscriptions within our Marketplace. Users will also be able to tip artists and content creators with the OBT, as well as transfer it between users. 

OBT will be rewarded for a variety of functions on the ONe Network, including when users opt-in for advertising on specific areas of the platform.  

Please note: Onebit tokens will be for exchange of value, payment, rewards and tipping only. OBT will not be a revenue sharing token or have any other function that falls under any security regulations. The Onebit token qualifies as a payment, so our TGE process will include a full KYC check as required by applicable AML laws, as well as other legal requirements.

Why a Token Generating Event?

ONe believes that a TGE is the most reliable way to generate both funding and awareness of our platform. We are able to capitalize on the cryptocurrency and blockchain focus on data control and use these technologies to boost interest in our offering. It helps us share the good news of a new type of social network where you can control your data.

TGE Information

Full information on our TGE can be found on our website here, but some initial information is provided below. 

We’ve set an ambitious token goal of $2.5M or 10,000,000 OBT from our public presale (July 31 - Aug 31) through our TGE (Sept 18 to Oct 31) and offer a variety of bonuses throughout this process. The sooner you join our efforts, the greater the reward and bonuses are available to you.

This press release is for informational purposes only and should not be viewed as an endorsement by CoinIdol. We take no responsibility and give no guarantees, warranties or representations, implied or otherwise, for the content or accuracy. Readers should do their own research before investing funds in any company.