ONe Network initial coin offering (ICO)

ONe Social Network. Bringing it all Together



Blockchain-based technologies and cryptocurrencies have the ability to revolutionize the way people interact on social media, making the entire process more secure through self-governance and individual ownership of data. Social media is a hallmark of today’s world, generating hundreds of billions of interactions each day. However, most channels where these occur are owned by companies and outside interests, which harvest them for information and often retain all rights to use media developed and posted. ONe is a next generation social network that uses the latest technologies to provide a wide range of services that are digitally secure and private for our users. Combining the latest in Blockchain and Dapp technologies with built in privacy and security features. ONe gives customers the ability to control their data and privacy on a level never before seen.

5
2 2 expert ratings
4.1
4
5
4
View rating distribution
Starts in 1 year ago
2018-11-27 - 2019-01-22
Token
OBT
Type
ERC20
Price in ICO
1 OneBit = 0.4 USD
Platform
Accepting
Soft cap
2,500,000 USD
Hard cap
36,000,000 USD
Raised
0
preICO start
Oct 9, 2018
preICO end
Nov 9, 2018
ICO start
Nov 27, 2018
ICO end
Jan 22, 2019
More on ICO
Report

About ONe Network ICO

Blockchain-based technologies and cryptocurrencies have the ability to revolutionize the way people interact on social media, making the entire process more secure through self-governance and individual ownership of data.

Unfortunately, looking at the 3.77 billion Internet users — 2.79 billion of whom already use social media — we find that just 3.2 million are currently engaging with cryptocurrencies. This creates a significant disconnect between capability and likelihood of true privacy because no mass market service has generated enough interest to reach mainstream adoption.

Recent events across the globe have led to greater demands for privacy and personal data control, from large hacks and losses to new rights over ownership enshrined in various countries. We see a growing desire for this protection coming from users of all demographic and geographic sectors.

ONe has put together this report to set forth a vision on the social blockchain ecosystem that can be created to provide customers with social channels they control. Plus, we’ll set forth a new cryptocurrency paradigm capable of supporting existing coinage, our token, and a marketplace for individual growth.

We aim to build a platform to meet the existing needs of the millions of customers and social media users who are demanding better data controls, privacy, reliability and security— with blockchain as the foundational solution to address these concerns.

Our cryptocurrency, Onebit Token (OBT), will launch in the first quarter of 2018 and is based on the next generation of blockchain and proof-of-stake technologies. It is designed to support new decentralized applications and work in conjunction with leading cryptocurrency wallets. We will maintain the ONe protocol and core network, with this document providing an overview of proposed technologies, solutions, and purpose

ONe Network reviews

Eleftherios Jerry Floros
ICO Advisor | Investor | Analyst | CEO - MoneyDrome Edge - London
Rated on Aug 26, 2018
4
5
4
18%

ONe Social Network based on blockchain is a giant leap forward in the permissioned use, ownership and control of personal data as well as other privacy considerations. Adding to the platform other features such marketplace, image editing and video sharing, content creation and distribution, all facilitated with rewards/services/purchases using Onebit (OBT) token as a “means of exchange” or payment is innovative and pioneering at the same time. Returning the ownership and control of personal/private date is a paradigm shift in social media and the ONe network is taking big steps to give social media users all the tools available to decide what happens to their personal data, posts and contents. This forward-looking vision of it’s founders and their innovative social media blockchain project definitely deserves a 5 star rating.

The team and board advisors is rather thin and should be complemented with some more developers and social media experts as well as some key advisors in different areas of expertise. For some reason, the LinkedIn profile of the CEO is “not available” - whether this is temporary or due to an error on the LinkedIn platform is not clear - however it prevents me to gather more information on the CEO and founder of the ONe Social Network which I consider a crucial criteria to judge and asses the team. On a positive note, the project and team are backed and supported by professional and very experienced ICO advisers which includes high-calibre and top advisors such as David Drake, Ian Scarffe and Mikkel Thorup. The team and advisers are therefore rewarded with a 4 star rating.

With regards the products, there are 3 major challenges :

1 - Facebook
2 - GDPR
3 - Networking effects/critical mass

For some strange and inexplicable reason, Facebook with its 2 billion users is not even mentioned as a “competitor” which is a big minus point. Disregarding or ignoring the “big elephant the room” is counter-productive because for sure, Facebook has already assembled a stellar team of data scientists and blockchain experts to enter the blockchain era without sacrificing profit or surrendering market share and Facebook will be a formidable competitor to contend with.

Which brings us to the next challenge, networks effects and achieving critical mass. There are already so many other social media platforms - some very successful and some much less - so at this this point there is an over-saturation of social media platforms and because of that alone, it is going to be very challenging to sign up users. On the other hand, once the platform is “up-and-running”, it could be the exact opposite, social media users that value their privacy above all could flock to the ONe Network platform in droves and thus enable organic growth and for the ONe network to achieve critical mass and great success in a very short period of time.

And last but not least, the GDPR paradox and dilemma, in particular with regards to Article nr 17 “The Right to be forgotten”. The immutable and irreversible fundamental design of blockchain means that any private and/or personal data once entered on blockchain cannot be altered, corrected and most importantly mutated or forged (which of course is great to prevent fraud). However, in the social media setting on blockchain, this becomes a major issue and the “work-around” method devised by the ONe team of developers is to work with off-chain and permissioned keys where these private keys are “burned” - if and when necessary - in other to restrict access to particular private data. Interesting and unique solution, however for as long as data is stored in a permissioned DLT or private data “silo” - which hackers call the “honeypot” - there’s always to threat of a cyber security breach or illegal hacking. The white paper describes this challenge in great detail as well as stating that it will undertake all necessary steps with continuous development of safe and secure blockchain protocols, to one day in the future enable the ONe network migrate from a hybrid multi-chain platform to an open and fully decentralised blockchain platform once blockchain technology has further developed and thus enable frictionless scalability. Because of the aforementioned challenges, the product receives a 4 star rating.

The project has great potential and with the backing of a solid team, it has the possibility to achieve it’s targets, objectives and milestones as detailed in their very professionally drafted white paper. Wishing the team and their advisers great success and all the best !

PlumBot
ICO Analyzer Bot
Rated on Oct 12, 2018
0
0
0
82%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

ONe Network ICO price

Price in ICO

1 OneBit = 0.4 USD

ONe Network (OBT) crypto

ONe Network coin

ONe Network token
OBT
ONe Network type
ERC20
ONe Network platform

ONe Network (OBT) value

Tokens for sale
125000000

ONe Network investment info

Accepting
Min. investment
100 USD
Distributed in ICO
50%
Soft cap
2,500,000 USD
Hard cap
36,000,000 USD

ONe Network whitepaper

ONe Network team

Apply as an advisor

John Hoelzer

FOUNDER/CEO

Akio Yamadera

SOFTWARE ENGINEER

Eito Suzuki

FRONTEND DEVELOPER/IOS/ANDROID

ONe Network milestones

1
Q1 2015

WePower idea

2
Q1 2019

WePower idea

3
Q1 2019

WePower idea

4
Q2 2017

WePower idea

5
Q2-Q3 2019

WePower idea

6
Q3 2019

WePower idea

7
Q3 2019

WePower idea

8
Q3-Q4 2019

WePower idea

9
Q4 2013

WePower idea

10
Q4 2017

WePower idea

11
Q4 2017

WePower idea

12
Q4 2018

WePower idea

13
Q4 2018

WePower idea

14
Q4 2018

WePower idea

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