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OneLife Network News

OneLife Network Newsletter Aug 19th, 2019

The latest corporate PROMOTIONS, NEWS AND MATERIALS are releasedevery Monday at 18:00 EET (Sofia time)!

This week`s news are:

  • Exchange Prep in 3 Steps
  • Bulk Promo 3 + 1 OneAcademy
  • New Leadership Rank Calculation
  • The 5 new Franchise holders
  • Official criteria for becoming a Franchise holder
  • Shout out Kazakhstan 
  • Individual Seller and Registered Business in DealShaker
  • The easy route - OneAcademy/OneForex and Legal Courses User Manuals 
  • Corporate Presentations and latest materials

Keep on reading to find out the latest promos and what has been going on in the last 7 days in the ONLY reliable source of information !


WHAT IS THE ONELIFE NETWORK?

The OneLife Network (OLN) is a growing global network that was born out of the OneCoin cryptocurrency brand. The Network has a digital platform with a unique portfolio of sophisticated products and social networking tools that help members achieve financial independence. Members enjoy access to an array of e-learning programs that help them apply financial theory to practice.

Want to find out more about the OneLife Network and the OneCoin cryptocurrency? Now you learn more IN 18 DIFFERENT LANGUAGES!

CHECK OUT THE LINKS BELOW TO WATCH THE VIDEO IN: 
• English • Chinese • Spanish • French • Portuguese • Italian • Turkish • Arabic • Romanian • Danish 
• Russian • German • Swedish • Hungarian • Polish • Norwegian • Japanese • Korean •

OneLife Video Presentation. The Future of Payments [ENG]

CLICK TO VIEW


EXCHANGE PREP IN 3 STEPS

It is about time to start the preparation for the launch of the Exchange. For the purposes of the proper operation of the platform and its correct exploitation from all the users, we would like to shed some light onto the following:

The exchange Platform will allow all users to exchange:

  • Fiat to Fiat (all Major Currencies) FF
  • Crypto to Fiat (All Major approved Cryptos against Major Fiat) CF
  • Fiat to Crypto (All Major Fiat against Major approved Cryptos) FC
  • Crypto to Crypto (All Major approved Cryptos against major approved cryptos) CC

The process will be conducted according to the following steps:

1- Step oneCompliance - Due Diligence - KYC
User should proceed with the following:

1.1- Register name, email and mobile. You will have to activate the email and authenticate the mobile by OTP
1.2- Once the registration is complete. You will have to meet the KYC requirements
1.3- Once the KYC is approved, you will have a user profile created on the exchange platform
1.4- Once the profile is approved, you will have the possibility to create a current account as well as the wallet you will use
1.5- Account and wallet will be approved quickly and you will be notified for start trading and exchange
2- Step two: Exchange and Trading
You must be able to trade and exchange fiat and crypto currencies.  
2.1- You should decide the type of transaction you want to execute (Buy or Sell)
2.2- You should decide which type of exchange and trade you will execute (FF/CF/FC/CC)
2.3- System will be enabled to approve the transaction after checking the allowed limits and the availability of funds in the current account or crypto in the wallet
2.4- Once the operation is confirmed the user will have to confirm the execution of transaction by OTP*
2.5- Once OTP* has been confirmed you will be notified for the flow of funds and flow of cryptos all based on DVP**/RVP***
3- Step threeRemittance Service
You can transfer fiat currency to another beneficiary
3.1- You should create the payment details as required including a Bank Account
3.2- Once a payment is created it should be confirmed by OTP*
3.3- Once OTP* confirms the payment it should be checked by Compliance
3.4- Once Compliance approves the payment, user must receive a notification for execution of remittance
3.5- Once remittance details are created, you should confirm it by OTP*
3.6- Once OTP* confirmation is entered, compliance will check the validity of data
Once data validation is completed by compliance, you will receive a notification of execution. The recipient will receive a notification for reception of funds with a reference number.
 
*OTP is the code received via SMS to confirm the mobile number
**DVP means delivery verses payment
***RVP means receipt verses payment

NEW 3+1 - ONEACADEMY!

Check out the latest 3+1 Bulk promotion for everyone out there, eager to continue learning new things and advancing further with their education!

Now you will have the opportunity to obtain 3 OneAcademy Educational packages via Bank Wire or Perfect Money and get 1 free!

Choose among the packages available in the Shop section of your back office or simply click HERE.

The promotion is valid until 25th August!

Education can open any door, seize your chance and grow together with your teams!


NEW LEADERSHIP RANKING PERIOD

Dear users,

We would like to let you know that the leadership ranks' calculation period will be calculated for the period 01/08/2019 - 15/09/2019

To all the true leaders out there - thank you for being an inspiration to all of us!

“A leader is the one, who knows the way, goes the way and shows the way” - JOHN C.MAXWELL


TOPIC OF THE MONTH - NEW MERCHANT SHOUT OUT!

In response to the good feedback we have been having from users and merchants on the DealShaker platform, we would like to start a new initiative – “New merchant Shout out”. 

The practice has shown - Results are driven by motivation!

How can we motivate people to achieve more? 

As you know DealShaker is the project everybody is currently interested in. As an alternative for increasing the value of ONE, exercising its usability and encouraging others to join, the platform is a great commercial hub for merchants, users and crypto enthusiasts. Here comes our latest mission - to encourage the newest merchants that are highly motivated and eager to make an amazing performance and achieve more and also to help them become popular on the DealShaker platform.

How can you contribute to the New merchant Shout out?

We are going to expect suggestions for new merchants to be popularized or to be given a shout out in the upcoming newsletters or our Facebook page. The merchant can be associated with tourism, hospitality, food and drink, beauty, health or any area you think significant. The merchants have to be in a populous area or tourist destination all over the world. 

If you have visited or are familiar with any interesting deals and merchants on the DealShaker platform, we will be expecting your suggestions! 

KAZAKHSTAN

Hallo, fellow travelers!

We are going to Kazakhstan so hold your breath! If you are like us and no country is far enough nor exotic enough then… Let`s dive in!

Kazakhstan is the largest landlocked country in the world. It is a transcontinental country which means it has been inhabited by many tribes and invaded by many empires. The terrain of Kazakhstan includes flatlands, steppe, taiga, rock canyons, hills, deltas, snow-capped mountains, and deserts which makes the landscape extremely diverse and attractive for many adventurers.
The capital Nur-Sultan (Astana City) is populated by over 1 million people. If you have chosen the city as your destination you can do stay at Syr-Arna Hotel (username: xxxxxxx) which offers coupons on DealShaker for a double standard, double semi-lux and double lux bedrooms (for 2 people) all in 100% ONE.

If you are in the north, nearby Pavlodar, Region of Pavlodar you would want to visit our users from there, who offer taxi services (username: taksipvl) and food as well as drinks for 100% ONE (username: Kafemaraldy). The deals are pretty attractive so do not think too long about it.
The versatility of services and the wide array of products in Kazakhstan which you are able to be found on DealShaker, is endless. If you would like to take the best out of your trip and use your coins up to their maximum, pack your bags quickly!

It is still summertime!


***REMINDER***

A quick reminder to all the new merchants and their sponsors!

As a token of gratitude for the hard work and amazing effort, OneLife and DealShakerhave some special surprises for all the new merchants, first deals and their sponsors:

  • a new merchant will be granted 100 tokens for merchant profile approval
  • first deal approval will be granted 100 tokens to the merchant

INCREASE IN TOKENS
The sponsor of a new merchant approval on DealShaker will be granted 500 tokens instead of a 100 as it has been until now.

We are expecting the new season to bring the most exciting new deals in the most adventurous places!

Stay tuned!


ONELIFE LEADERSHIP INCENTIVE

“Outstanding leaders go out of the way to boost the self-esteem of their personnel. If people believe in themselves, it’s amazing what they can accomplish.” – Sam Walton, founder of Walmart and Sam’s Club

The OneLife Network is proud of its outstanding leaders and the hard work they put in every single day. To them we owe our success!

This is why we wanted to reward their efforts with something interesting that has not been done before. This promotion is our way of saying “Thank you!”

So, without further due – a new promotion is on its way! Here is what it is all about:

For all leaders who manage to take their teams to the next level and achieve a higher rank during the qualification period 16/6/2019-31/7/2019, the incentives are as follows: 

1. New Sapphire    1 Trader 580€
2. New Ruby         1 Duis Acrus 1030€
3. New Emerald     1 Forex Expert  3780€
4. New Diamond    1 Tycoon 5530€

An email with the Gift Code will be sent out during the current month to all those who have qualified for a higher rank.

Keep a close eye on the OneLife Newsletter where the latest updates will be announced!

***To all the inspiring leaders out there – we salute you!***

NEW SECTION: DEALSHAKER FRANCHISE UPDATES


NEW FRANCHISEES COUNTRY ANNOUNCEMENT

The 5 new franchise countries are:

  • Greece
  • Serbia 
  • Philippines 
  • Kyrgyzstan 
  • Lithuania, Latvia and Estonia 

These Franchise holders have met all the criteria which had been announced a few weeks ago. Expect further details on when your special franchisee training will be held.

The next 5 franchise holders are going to be announced during the weekly 
Webinar on Wednesday, 4pm, Sofia time!

Stay tuned!


CRITERIA FOR NEW FRANCHISEES

Please get familiar with the general criteria for the approval of new franchise holders.

Exceptions shall apply if the company does not receive an application from a suitable candidate who is in full compliance with the requirements listed below:

  • franchise holder’s current whereabouts are in the area of the Franchisee’s business activity
  • proven business management background (clean business background - no bankrupt or insolvent/ in liquidation company/ies)
  • proven clean criminal record
  • proven OLN MLM background
  • no sanctions for violation of OLN T&C and all applicable policies and procedures
  • franchise holder is not under compliance monitoring
  • proven track record with a variety of activities for the popularization of the ONE Ecosystem
  • proven track record of popularizing OLN’s mission and values; training users of how to put them to good use in their team’s everyday work
  • conducting business activities and day-to-day operations which are compliant with local legislation
  • being familiar with specific DealShaker T&Cs, CDD and AML/CFT policies and procedures
  • be fully aware that signing the Franchise contract is a big responsibility and treat his/her new role seriously
  • have a clear concept of how to apply his/her sale strategy to the specific target market and its users

Other criteria related to logistics, technical background and similar experience will be taken under consideration when taking the decision for the next franchisees.

!NB As of July 27th you can deposit your applications for a Franchise holder at franchise@dealshaker.com

Make sure you send us the following – username, reason why you think you are a suitable candidate, CDD of the individual and the company, additional information if explicitly requested by corporate.

Selling Shares from DealShaker Franchisee’s companies
Please be informed that the DealShaker Franchisee model is Intuitu personae (Because of the person). This means that any sells of shares from the DealShaker Franchisee company by current franchisees are totally unacceptable and they are NOT approved by the parent company. 

Selling shares from the company that holds the DealShaker franchise, can lead to an immediate replacement of the person, chosen by the company as a franchisee. Such a sale is considered a fraud, especially when the seller misleads the buyers that shares from the company, holding the  franchise, are equal to buying shares from the DealShaker company itself. 

Please be informed that the parent company grants specific rights to the franchise holder for the terms explicitly written in the contract, but those rights can be canceled if a serious violation is proven.

We will not get tired to repeat and remind: Everyone, please, think twice before accepting such “business proposals” because the companies that hold the franchise are separate legal entities that exist independently from the DealShaker platform. 

If you have any doubts or questions, please contact our teams and ask. Better safe than sorry!

Resource center - All New Franchise Training Presentations, Fees and Procedures

Approval procedure of merchants and Deals for DS Expos

DealShaker expo, by definition, is an event with more than 50 merchants. If an event has less than 50 merchants it is called ‘A local bazar’.

All DealShaker Expo proposals go to the Franchisee, first! Then the franchisee sends the proposal to franchise@dealshaker.com for approval.

If there is a merchant with merchant account from a different country that the country the expo is taking place, the Franchisee responsible for deals approval, contacts the franchisee the merchant is from via email for the merchant account and/or deals approval.

The franchisee in that country the merchant is from must collect the necessary fees and review the deals.

If there is no Franchisee in that county the merchant is from, all the deals must be approved by corporate and sent to the Dealshaker support for approval.


DealShaker marketing materials are available for the franchisees in the backoffice. 

TURNOVER FEE UPDATES

Aiming to ease the process of merchant onboarding DealShaker franchisees will be granted a 3-month gratis period without a turnover fee. Turnover fee will become mandatory commencing October 1st. 


INDIVIDUAL SELLERS AND REGISTERED BUSINESSES

Dear all,
Recently, we have noticed that some of the franchise holders have been giving out to their teams definitions of what exactly registered businesses and individual sellers are. Their effort and team spirit is worthy of admiration but the issue here is that all definitions must be unified and approved by compliance prior to being disseminated among DealShaker users. Otherwise, explanations of those terms that vary could lead to a breach of the principle of equal treatment.

To help clear out the confusion, here are some basic examples which you can use in your everyday work and train your people:

- if you are selling off your old possessions which don’t want and need anymore - you are a private seller
- if you purchase products with the idea to resell them later - you are running a business and you must be registered as a business, as per Amazons’ T&Cs, for example

On the contrary – as per DealShakers’ T&Cs both those categories are defined as individual sellers.

If you are a business owner with a private company, the deals you upload are typical for your business activity and they are run as a regular occupation, then you need to establish a merchant account as a registered business. 


IMPORTANT DEALSHAKER UPDATES

Dear all,

It has come to our attention that recently merchants, working on other platforms have been claiming to work on behalf of DealShaker and the OneLife Network. Please be informed that no other platform, except for DealShaker and its franchisees, and no other company, except for OneLife (or OneCoin) has the right to operate with the DealShaker trademark and the services it provides. 

Be extremely cautious with any information you receive from other companies, individuals or communication channels which are different from the corporate approved ones. If you have any doubts or questions, you can always contact the OneLife teams to get the latest information, related to our projects.

Dear all,

Recently, it has come to our attention that several merchants have started to conduct fraudulent practices outside of the Dealshaker platform which constitutes a high risk of money loss to the people who participate. The deals in question are about sales of gold, real estate properties, motor vehicles and other products of high value. 

Many of the above mentioned  deals are accompanied by a tempting proposal by the merchant – the buyer should transfer his accounts to the merchant and pay part of the deal price outside of the platform in exchange of some expensive good or service. Bear in mind that this practice is strictly forbidden according to the applicable OneLife T&C 18(2). 

Please have in mind that none of those projects/deals are approved or supported by Corporate. If someone has any information about such projects/deals please do not hesitate to inform OneLife Compliance asap, so that we can take measures to stop those fraudulent practices and sanction the wrongdoer accordingly and with an immediate effect.


DEALSHAKER FRANCHISE COMPLIANCE

General information on how the franchise model functions

1. DealShaker prices are formed in minimum 50 % ONE and 50 % EUR (if EUR part is included in the deal price). The Merchant Bonus is generated every time a buyer redeems/uses a deal coupon from a merchant, registered in your downline. The Merchant Bonus is generated on the basis of the Advertising fee which is applied to the Merchant’s used deal coupons. The DealShaker Advertising fee is 25% of the cash value of the used coupon’s price.

If the merchant is not reluctant to pay that 25 % fee from the EUR part of the price, cannot afford to offer such a large percentage of ONE from the deal price and is also willing to receive the cash part in his wallet and/or bank account, he is allowed to use the discount coupon option. If the merchant chooses to use that option, he/she must be informed to write the exact price and % discount in coins in the title of the deal. The price of the deal has to be just in ONEs (with the discount), while the EUR part should be paid outside the platform to the merchant bank account and/or wallet. A compulsory condition - if the deal is high in value it should be written in the deal description that the EUR part will be provided after the contract agreement has been signed. Buyers should be informed that such deals bear a higher risk because just the discount coupon passes through the DealShaker platform and not the good/service itself. Therefore, the usage of payment methods for the EUR part, such as wallets or payment cards with a refund policy, is highly recommended.

2. We have noticed that franchisee’s agreements have been signed for territories where cryptocurrency and/or their trade is forbidden by law. To all franchisees - please follow our weekly updates for further information regarding the countries which you are responsible for in order not to deliver incorrect information to merchants about when the coin will be traded. We will try to negotiate with such governments, but the outcome is unknown.

3. Information about DS expos - all expos on the territory of the franchisee should first be reviewed and approved by Corporate. For expo requests please send an email to franchise@dealshaker.com. The aim – you will be provided with guidance by the company about whether such an expo is compliant with local legislation, whether it is allowed or not and how it should be organized according to local regulations and the future company plans for the territory in question. The DS expo schedule will be strictly coordinated by Corporate to make sure that no expos are organized on one and the same date. If that happens, it can complicate the expo process both for expo organizers and Corporate.

4. The Franchise agreement is personal and must not be transferred to a second party without the prior written consent of the Franchisor. The sub-franchise should only be taken with prior consent by the franchisor. Bear in mind that we will agree with your choice if it is in corporate’s interest. We are expecting your proposals on what the payment for the sub-franchisee should be.

5. If the franchisee is doing the CDD procedure for a merchant and the merchant seems to be of high-risk or if the franchisee has any doubts or questions, please contact Compliance asap.

6. Will give you soon manual how to calculate turnover fee using DealShaker. Teams are working towards finding a better solution, but for now this will do the job.


THE OFC BUNDLES OFFERING. 2017 OFCs

UPDATED INFORMATION: Please be informed that as of July 8, 2019, the second stage of the Mandatory Discount Period has began. During this stage 30% of the coins are being released. Stage 2 will continue until October 7, 2019.

You will receive all new information accordingly.


Information about the 2017 OFCs:

Many of you raised the question about the conversion of 2017 OFCs.

As said months ago the conversion was planned to start in March. In the beginning of this month the conversion of 2017 OFCs has started, and during this month everyone is receiving 20% of the coins they are entitled to.

We have received several complaints about the conversion rate. I know that many of you were expecting a different rate, but there is a reason for this.

I believe that all of you will agree that ONE listed on an exchange is the Company's MOST important goal at the time being. All that we have worked for so hard, all our efforts rely on this event.

Especially now, at this stage of our growth it is crucial to make sure everything goes smooth and to focus on our priorities.

There is no room for the price of the coin to be destabilized. We must manage to maintain stable price of ONE.

The conversion rate of 2017 OFCs to ONE won’t damage the price of the coin and won’t affect the liquidity. Currently everyone is receiving the exact same amount of ONE that they have initially converted.


!NB Due to numerous inquiries by our users, please note that the 2017 OFCs will be converted at the same rate as ONE was converted to OFC. 

The Offering is in the so-called Mandatory Discount Period. Since January 8th participants are able to convert their accumulated OFCs into ONEs.

To all participants in the OFC Bundles Offering - please be informed that you will receive information about the upcoming steps of the process via email!

Useful information about the OFC Bundles Offering:

What is ONE?

The OneCoin cryptocurrency (ONE) is a centralized virtual currency which has been offered exclusively to the user base of the OneLife Network company. The agreement between AHS LatAm S.A. and the OneCoin company is the first of this kind and provides access to the coin to a much larger group of people globally, outside the OneLife Network.

How you can use it?

The OneCoin cryptocurrency is used by a global community, with organic growth of more than 3,5 million users, over the course of 4 years. In contrast with most cryptocurrencies which have not yet been introduced to the market, ONE is utilized by merchants through the DealShaker interactive commerce hub and part of the coins have already been distributed, creating a beneficial environment for companies and individuals willing to use a coin for global, instant and low-cost payments.

For your information

The partnership between AHS LatAm S.A. and OneCoin has partnered in order to create a strong business alliance, building a bridge between corporate and internet users.

If you would like to read all about the OFC Bundles Offering, the information regarding the ONE, stay informed about the whole process and all its specifics by clicking on the "Go to Webpage" button below.

On the website of the coin, you are able to find crucial reading materials regarding the offering, information about how to participate and everything necessary you need to know. 

Stay informed and become part of the innovation!*

*Special thanks to the team of professionals behind the OFC Bundles Offering for providing us with all the latest updates!

Go to Webpage


THE NEW ONEACADEMY USER MANUALS

Here you are able to find the first short manuals on how to access all educational courses in OneAcademy including the Legal and OneForex packages. 

Find both new handbooks in: 
Back office ->Information Center ->Resources -> IMA Tools


***NEW COMPLIANCE UPDATE***

Here is some useful information on how important it is to have a written contract.

In the 21st century, professionals are all too aware of the long history of deal-breaking and lawsuits that have taken place all around them.

Contracts are important because they outline expectations for both parties and protect both parties in case those expectations aren't met. 

Hopefully, you’ll never have to take legal actions based on the contract which means the project will end eventually, but to take preliminary precautions is always the best thing to do.

Contracts are compulsory as they:

- provide proof of details

- prevent misunderstanding from arising

- provide security and peace of mind

- serve as an official record of the agreement

Don’t forget - both parties should keep a copy of the contract as a file for several years in case an issue arises later on!


COMPLIANCE - GENERAL INFORMATION

THE ONELIFE CONCEPT IS A RESPONSIBILITY VERY FEW CAN MANAGE.
Compliance aims to guide IMA-s to operate in the right direction. It strives to repair the damages done by bad practices.
Compliance attempts to provide OneLife Network’s IMA-s the chance to experience an innovative, intelligent and efficient technologies operating in a transparent environment, without unfair competition.
Compliance calls for strengthening the cooperation within OLN (OneLife Network) and insist on equal respect and rights to each member of the network.

OneLife will change the world only when unification set to be the eternal goal, when we enhance mutual assistance, solidarity, responsibility, tolerance and respect. 
In the OneLife network, all members share the same rights and responsibilities!

GAPS IN THE COMPLIANCE KNOWLEDGE LEAD TO:

  • Unreasonable fear Compliance is only sanctioning department
  • Belief equality between OneLife IMA-s does not exist
  • Exposure of IMA-s to fraudulent practice
  • Insinuations generate mistrust which is used by some OneLife IMA-s to divert attention from their own wrongful practices and actions
  • Underestimation of OneLife goal for transparency

BAD PRACTICES WHICH ARE A SUBJECT OF SEVERE SANCTIONS:

  • Sale of coins and/or educational packages as an investment opportunity (coins; accounts, etc.). OneLife is not an investment company and does not offer any investment opportunities
  • Cross recruiting - Instead of helping the network rebuilds itself, it destroys it by taking pieces from it
  • Unethical behavior
  • Onboarding with fraudulent promises
  • Misuse of power by OneLife IMA-s
  • Dissemination of incorrect and misleading information due to lack of professionalism, awareness and/ or greed 

WHAT ARE SANCTIONS AND WHY ARE THEY APPLICABLE?
Sanctions have become the tool to respond to major violations from SPAM or/ fraudulent, deceptive or unethical business conduct by any IMA to identity theft, financial fraud and counter terrorism.
 
Violation of the applicable T&C, IMA Agreement, any fraudulent, deceptive or unethical business, conducted by an IMA may result, at Company’s discretion, in one or more of the following corrective measures, with effect from the date of its establishment:

  • Issuance of a written warning or admonition;
  • Requiring the IMA to take immediate corrective measures;
  • Imposition of a fine, which may be withheld from the account; €100 for incorrect personal data or the lack of it and 250 to €500 penalty for more minor violations and up to 5100 for major violations;
  • Loss of rights to one or more bonus payments;
  • Any other measure, which the Company deems practicable to implement to equitably resolve any damage caused partially or exclusively by the IMAs policy violation or contractual breach;
  • Suspension of the individual’s IMA position for one or more pay periods;
  • Involuntary cancellation of the offending IMA position;
  • Immediate removal of the IMA’s web page(s) and termination of the IMA’s position;
  • Any other measures explicitly allowed within any provision of the General Terms and Conditions, the present IMA Agreement or allowed by law

The IMA is only entitled to a commission if he or she is not in violation of the General Terms and Conditions and the IMA Agreement.
 
Factors that may modify the application of sanctions:
 
Sanctions could be modified based on mitigating factors or factors that may reflect in a greater damage,caused by the breach and thus work against the offender, ultimately increasing the penalty.
 
Examples of aggravate sanctioning include:

  • Multiple offences
  • Breach of sensitive information such as personal data  
  • High volume of people or data affected  
  • High exposure for the Company  
  • Large organizational expense incurred  
  • Activities, hampering the investigation, such as providing of misleading and/or incorrect information
  • Actions with a negative influence on others  
  • If the violation is continuing even after an official warning  

Factors that could mitigate sanctioning include:

  • Breach occurred as a result of attempting to help an IMA  
  • Victim(s) that suffered no harm
  • Offender voluntarily admitted the breach and cooperated with the investigation
  • Offender showed remorse and has recovered damages
  • Action was taken under pressure from an individual in a position of authority  

This practice enables the application of general principles that lead to fair and consistent outcomes.

WHISTLE BLOWING REPORT
In order to keep our IMAs’ privacy and at the same time to implement efficient control and reporting system we have developed a reporting system allowing reporting and monitoring functions without exposing the identity of the person that has sent the report and creating unnecessary tension in the community.

Whistleblowers inform the Company of any kind of information or activity that can be deemed illegal, unethical, or not correct with the polices, procedures and guidelines of the OneLife organization.

WHEN SHOULD YOU SEND A WHISTLE BLOWING REPORT?

If you think an entity or individual is involved in wrongdoing within our OneLife community, and you want to report it, please use the Whistle Blowing Report. Once completed, this report becomes CONFIDENTIAL. All personal data collected will only be used for purposes, which are directly related to the whistleblowing case like, for example, contacting you in case we need more information.

Every whistleblower will have to provide an evidence of the claim made in the report. Please send your Whistle Blowing Report to: compliance@onelife.eu.

Evidences could be: screen shots of skype/viber/facebook/other social media chats and communications; e-mail correspondence; a declaration in writing, i.e. Whistle Blowing Report, (please fill in your personal data) and signed by the IMA.

Please fill in the Whistle Blowing Report carefully as this represents your case . We will review the information you provided, investigate the case and come back to you with feedback, when our investigation is completed.

We would like to remind all OneLife members to strictly adhere to the provisions in our Terms and Conditions, to which all members are legally bound, concerning thedissemination of false information regarding the OneLife Network company.

Any proven violation including, but not limited to misleading information about an IMA official Leadership Rank, OneLife products and services or the company’s compensation plan may result in severe sanctions, reaching fines up to 5 100 EUR, effective immediately.

As a network marketing company, we manage to provide opportunities each day by channeling the power of collective effort. We encourage all IMAs to take individual responsibility for the stable and successful growth of the Network in 2018.

Thank you all for your efforts!


THE NEW CORPORATE PRESENTATIONS

New corporate presentations are available!

The materials were put together aiming to support all leaders and their teams during their daily work.

Find the latest presentations by logging in onelife.eu ->Information center ->Resources ->PRODUCT AND BUSINESS PRESENTATIONS or simply click on the LINK.

Check out the latest DealShaker Presentation HERE

We also recommend:

The links to the presentations are listed below for your convenience:

DealShaker Merchant Help Center
DealShaker Expo Procedures
Cryptocurrency and MLM Regulations (please log in to your OneLife back office first)
- OneForex Business Presentation Part 1 and Part 2 (please log in to your OneLife back office first)


ONELIFE BRAND GUIDELINES

To become the everyday essential brand for all our members and shareholders, OneLife must continue to build a successful and enduring company with the right tools and resources.

To achieve this, all OneLife members MUST PRESENT THE ONELIFE BRAND IN A CONSISTENT, UNIFIED WAY that will resonate across the Network. To achieve this, we have prepared
THE OFFICIAL ONELIFE NETWORK BRAND GUIDELINES!

These guidelines have been developed to familiarize the Network with our brand identity and ensure the consistency, accuracy, confidence and purpose of all communication initiatives across all communication channels.

The OneLife brand book has one purpose - to help all OneLife members be heard globally by communicating in one voice - louder, clearer, simpler!

Read more about them HERE.

PLEASE MAKE SURE YOU ADHERE TO THESE REQUIREMENTS BEFORE YOU PREPARE ANY ADVERTISING MATERIALS! 

(Check out all of our downloadable materials in the Media Center -> Resources section at www.onelife.eu)


Exchange platform weekly summary 15

Week 15

IT development

*Ongoing work for the application of Exchange limits based on the liquidity (no limits applicable from wallet to wallet as it is an internal transfer) - done; Tests will be performed next week

*Compliance Platform (not compulsory at the beginning): Platform expected to be up and running by mid-September. It is currently in a state of development, has received approval from the security controls and processes, API links to Worldcheck and GoAML are provided. It will be Audited by European Authority, so the Exchange company downloaded the requirements and the Risk Scoring to integrate in the platform to be in compliant with the requirements. Changes are expected to be completed by the end of next week.

Licensing and IT Audit

Currently waiting for the exact date of the Site Visit to be communicated by the CB. Once the Site Visit is completed and, if all the small details are cleared out (ONE is approved), then the Exchange company will receive a temporary permission, allowing it to start the setup and operations.

Compliance

*Countries: This week the Exchange company continued sending out reminders to all countries who still have not replied to the inquiry and it will set a deadline.

The Exchange company also stated if no further clarification is provided by the date set, it is going to consider the service is allowed and it is legally protected. Detailed update by countries will be provided next Friday.

Directive (EU) 2018/843 which amended the so-called Fifth Directive 2015/849 (EU) entered into force on 9 July 2018 and EU Member Countries are required to bring their national laws into line with it by January 10th, 2020.

In every member country an inter-ministerial working group has been gathered in order to implement the amendments in their national law regarding the crypto exchanges and remittance services. It is interesting to know what every country decision is, whether only Exchanges with a registered office and address in the specific country have to be included in the government registry (which will be compulsory when the national laws come into force) or other Exchanges, not registered in the country but providing exchange and remittance services on the national market will be a subject to registration.

Many governments have not taken their decision on this matter. Remaining true to our professional acumen, we began an initiative to communicate with governments in advance. According to the Directive and its last amendment, Exchanges and remittances’ wallets should also take measures in order to be compliant with the AML regulations, including the adoption of internal rules to control and prevent money laundering, carry out risk assessments, establish procedures and tools for identifying and verifying their customers, etc.

Currently preparing Guarantee Deposit to finalize the application for the TPFM license (Third Party Funds Management) to be able the Exchange company to manage all the funds transfers of all the clients of the exchange. The exchange is based on current accounts and wallets and no one have the right to manage these unless there is a license for third party fund management.

*European license:

✓ Criminal reports from police for the executive management has been delivered

✓ All the documentation delivered as SOW (scope of work) was reviewed and accepted except the list of currencies to be traded on the Exchange platform which will be approved after the interview. If the interview is considered successful, they will require to AUDIT the Exchange Platform. They already notified the Audit will take place 7 WD after the approval provided.

✓ Payment gateway - it will be in coordination with the bank as the API code to connect gateway needs to be provided by the bank.

✓ Meeting with authorities is planned for late August 20th, 2019. Translator is appointed. If this goes to plan the Company will be able to start the Exchange after the appointed period and after a proper training of the IMA-s on mechanisms, Exchange functionalities and operations on the Exchange.

!NB If a specific coin does not have the permission to be exchanged, traded or offered - it is ILLEGAL.

If there is no permission granted for a certain coin to be traded on an exchange, that exchange can only trade conventional cryptocurrencies.

Therefore, once again we would like to remind you all you should be extremely cautious in case you are contacted by ambitious entrepreneurs that have recently appeared on the market, offering fancy crypto.

Exchange Platform in 3 steps

The exchange Platform will allow all users to exchange the following:

o Fiat to Fiat (all Major Currencies) FF
o Crypto to Fiat (All Major approved Cryptos against Major Fiat) CF
o Fiat to Crypto (All Major Fiat against Major approved Cryptos) FC
o Crypto to Crypto (All Major approved Cryptos against major approved cryptos) CC

The process will be according to the following steps.

1- Step one: Compliance - Due Diligence - KYC

User should proceed with the following:
1.1- Register name, email and mobile. You will have to activate the email and authenticate the mobile by OTP
1.2- Once the registration is complete. You will have to meet the KYC requirements
1.3- Once the KYC is approved, you will have a user profile created on the exchange platform
1.4- Once the profile is approved, you will have the possibility to create a current account as well as the wallet you will use
1.5- Account and wallet will be approved quickly and you will be notified for start trading and exchange

2- Step two: Exchange and Trading
You must be able to trade and exchange fiat and crypto currencies. 

2.1- You should decide the type of transaction you want to execute (Buy or Sell)
2.2- You should decide which type of exchange and trade you will execute (FF/CF/FC/CC)
2.3- System will be enabled to approve the transaction after checking the allowed limits and the
availability of funds in the current account or crypto in the wallet
2.4- Once the operation is confirmed the user will have to confirm the execution of transaction by OTP*
2.5- Once OTP* has been confirmed you will be notified for the flow of funds and flow of cryptos all based on DVP**/RVP***

3- Step three: Remittance Service
You can transfer fiat currency to another beneficiary

3.1- You should create the payment details as required including a Bank Account
3.2- Once a payment is created it should be confirmed by OTP*
3.3- Once OTP* confirms the payment it should be checked by Compliance
3.4- Once Compliance approves the payment, user must receive a notification for execution of remittance
3.5- Once remittance details are created, you should confirm it by OTP*
3.6- Once OTP* confirmation is entered, compliance will check the validity of data

Once data validation is completed by compliance, you will receive a notification of execution. The
recipient will receive a notification for reception of funds with a reference number.

*OTP is the code received by SMS to confirm the mobile number
**DVP means delivery verses payment
***RVP means receipt verses payment



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