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Exchange weekly summary 4

****** Exchange platform weekly summary ****** 

Week 4

IT development 
Ongoing parallel work towards the stabilizing of the synchronization between block chain and back office; The work process towards building a connection between exchange and the old

- DealShaker is finalized. 
- Team is currently testing 

Licensing and IT Audit 

Ongoing reviewal process by CB IT team. CB IT Team currently expecting a finalized business continuity plan, a contingency plan and a disaster recovery plan. The three terms explained below: 

Business continuity - a “back-up plan” about how the exchange would operate in case the platform crashes down. Plan still being worked on. After it is finalized, plan will be sent over to the CB IT Team. 

Contingency – in case something happens to the company behind the exchange, another one should overtake its place in order to ensure the smooth work of the exchange. The company is ready with a proposal for a possible solution. 

Disaster recovery – how to proceed in case the servers are completely down. The company is ready with a proposal for a possible solution (we have an approval for a Microsoft Cloud License).  Proposals for fees are provided to the CB as the basis of the buy margin is the average margin of the buying rate of several banks - awaiting approval 

Payment gateway determined as compulsory before starting - still no response from CB about which payment gateway they recommend IT committee will prepare another report regarding the coins and tokens the next Monday 

Compliance 
Request for how to operate sent to Indonesia, Sudan, Egypt, Serbia 
Filing an application for a European license - initiated; application for a subsidiary - done.


Exchange weekly summary 3

Week 3

IT development

Testing - the deposit function OLN -> Exchange is running smoothly;

Currently withdrawals can be send successfully, errors has been fixed.

Ongoing parallell work towards the stabilizing of the synchronization between blockchain and back office;

Ongoing parallell work towards building a stable connection between exchange and the old DealShaker.

Liquidity account - finalized.

Licensing and IT audit

The IT committee has finalized an operational report with comments on their side which are as follows;

- CB needs to know where the pricing of Reuters, Bloomberg, Netdania or any other exchange interface is coming from and there is an authorization. They want to know how the pricing is formed technically otherwise we should connect with CB pricing. The provided explanation is that the price for a crypto coin/ fiat currency to another is determined just as it is on all other exchange, namely by the price of the last trade on the market. For all currency pairs that have no market - choosing data source Crypto to USD, Crypto to Crypto: COINMARKETCAP; Fiat to Fiat: Fixer.

- Proposals for fees are provided to the CB as the basis of the buy margin which is the average margin of the bying rate of several banks. The margins are adjusted by 50% to be at pair with the local money changers in the country of the license.

- Payment gateway determined as compulsory before starting - still no response from CB about which payment gateway they recommend.

- IT committee will prepare another report regarding coins and tokens during the upcoming week.

Compliance

Request for how to operate sent to Tyrkey, New Zealand, UK; pending further information.


Link >>


DEALSHAKER UPDATE

Dear all,

Please be informed that due to recent technical issues the New DealShaker should no longer be used. All merchants should transfer their deals back to the old DealShaker which is currently being upgraded by our IT Team. We are sorry for the inconvenience! Stay tuned for further updates regarding the DealShaker platform.

Best regards,
The Team

DealShaker update


OneLife Network Newsletter May 20th, 2019

The latest news and updates for the current week are already here: 

  • The ONE ecosystem is growing - A new initiative 
  • The Wonder Wheel Promo is still here
  • New Leadership Qualifications for May
  • Future amendments in the educational packages
  • Corporate Presentations - the latest most reliable source of infographics and up-to-date information

Keep on reading for the latest news and new initiative!


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]


THE ONE ECOSYSTEM IS GROWING!

We are proud…

...proud to announce we are growing! Our partners at Estate-PM-Group Ltd created a great opportunity for all of us who would like to increase the usability of the coin and obtain real-estate through the ONE ecosystem.

We would like to present to your attention building ‘Veselina’!

The beautiful construction features modern elements and elegant style. It was created aiming to satisfy the needs and wants of most populous and busy city hubs citizens . The building was created by the young architect Teodor Marinov. Furthermore, the 4-storey building contains 8 2-bedroom apartments, 12 garages and 8 parking spots. The surrounding gardens offer relaxation and freshness to the first floor occupants.

Close by transportation arteries leading to Sofia, Varna and Bucharest, public transportation hubs, big retailer stores and the Central Railway and Bus stations are 5 mins drive.

As an innovative part of the ONE ecosystem along with the OneLife network and the DealShaker platform, this component offers the opportunity to be a part of one of the greatest projects we have had and contribute to the development of the Future we build. 

We would like to thank our independent partner for this new endeavor and wish them good luck! We always support such great initiatives and stay behind our partners.

If you would like to contact our real-estate partner you can do it at www.coinproperties.eu.


WONDER WHEEL - ONE MORE WEEK

Seize your chance and make your spin before the Wonder Wheel expires on May 24th, 23:59 GMT!

This favourite and colourful promotion gives you the opportunity to receive extra promotional tokens with your packages – a 25%, 50% or 100%. The Tokens will be obtained with the activation of the packages you choose!

Try your best! Take a spin!


NEW LEADERSHIP RANKING

Dear users,

We would like to let you know that the leadership ranks' calculation period will be calculated for the period 01/05/2019 - 15/06/2019.

The Leadership ranks for April have been uploaded, as well!

To all the true leaders out there - thank you for being an inspiration to all of us!
 
'The price of greatness is responsibility' - Winston Churchill 


THE OFC BUNDLES OFFERING. 2017 OFCs

Here is some some useful information:

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


UPCOMING EDUCATIONAL PACKAGE AMENDMENTS!

The OneAcademy offers useful and exciting topics for your further development. It has a vital role in educating the people who strive to learn and reach new self-development. This motivates us as a company and inspires us to continue our mission further and become even better in what we do best.
 
Success is the result of innovation. But in order to put great plans into action, one thing is for sure – innovation needs change. Staying true to its fundamental compound that innovation and education go hand in hand with each other, the OneLife company is planning to implement some strategic adjustments to the system as we aim to take the next consecutive step towards the successful public listing of the coin during the year 2019. Therefore, the Corporate Management has decided to undertake the following changes:
 
According to the corporate strategy, the amount of promotional tokens in OneLife’s educational packages will be decreased with approximately 45 %.

Make sure you follow the official corporate channels for the latest updates about when the changes are going to be implemented.

Here is the list of promotional tokens which every educational package will provide the user after the decrease is implemented:

Package Promotional tokens
Starter 435
Forex Beginner 435
Inductee 980
Vestigia 1955
Trader 2175
Forex Talented 1900
Ligabis 2990
Duis Acrus 3965
Pro Trader 4345
Forex Advanced 4345
Forex Expert 16300
Tycoon Trader 26080
Forex Unleashed 26080

  

The Promotional tokens received with each education package provide all members with the ability and the opportunity to participate in the mining process of the OneCoin cryptocurrency (ONE) from its initial stages.
 
Over the past few months, the product portfolio is constantly undergoing important adjustments in line with the Company's plans for the future strategic development of the company. OneLife is a brand with a strong mission and a clear vision. 

Become part of the Momentum! Aim high, never seize to become better!
 
#Togetherformore


***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)


IMPORTANT COMPLIANCE UPDATE!

Dear all,

We would like to draw your attention to the adverse effects of the ongoing activity involving modern cross-recruiting pattern in the new Dealshaker platform directly linked to the Dealshaker Franchise. 

We would like to remind you the OneLife network has Fundamental Ethical Principles build over the years which must be respected by everybody who is part of it. People seeking short-term interests who intent to infringe the Ethical Code of Conduct will not be tolerated.

Please be informed that as the described above violation and the possible consequences thereof present a significant risk for our Company we will freeze (suspend) all who breach it without prior notice.

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!


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 weekly summary 2

Week 2

IT development

¤ Testing – deposit function from OLN to Exchange is running smoothly; withdrawal function is still in test mode – currently withdrawals can be send out from the blockchain successfully but a minor error is displayed after execution of one of the commands -> working on eliminating the error
¤ Limits and fees – awaiting suggestion by the end of the business day; reviewal and approval is expected during the next week
¤ Payment gateway should be implemented - awaiting response from the Central bank on which one is most suitable
¤ Connection ‘Dealshaker – Exchange’ – coming soon

Licensing and IT Audit

¤ Licensing – it has been confirmed that there is no legal objection. Awaiting recommendation by Compliance to be released. Compliance and IT have joined forces and are examining all profiles and technical documents. When their work is done, both teams together will release a final report for the licensing. Report is expected to be ready within the next 2 weeks.

Legal

File already released by legal – no further comments on legal structure. This means that the Central bank has completed the procedure and it has been approved (companies, ownership structures, scope of work, etc.)

Compliance

This week applications for 2 European licenses (exchange and remittances) have been set up; they will allow: fiat to crypto, crypto to fiat, crypto to crypto. Expected to start - next week with local company registration

Application for European licenses and opening of a bank account – both pending

The updated file regarding compliance and operational jurisdiction for the Exchange is forwarded below the current report.


Compliance update - regulations in various countries (weekly update 2)

Country Result

Middle East

Jordan - License needed - the license is required and has to be applied at the central bank of Jordan - Crypto Business is prohibitied

Iraq - License needed - the license is required and has to be applied at the central bank of Iraq

UAE - A representative office with License is required - the license is required and has to be applie d at the Authority (in UAE it is ADGM)

Kuwait - Not allowed – No regulation and no license allowed

Bahrain - A representative office with License is required - the license is required and has to be applied at the Authority

Saudi Arabia - still under discussion – may require a representative office with License - the license is required and has to be applied at the Authority and central bank together

Lebanon - Only representative office needed – notification letter to be sent to central bank

Syria - Not allowed - No regulation and no license allowed

Asia

Thailand - Representative office needed – the representative office should send notification of operation to the authority, but we didn’t have a clear identification of the authority

Malaysia - There are new guidelines now that may allow the trade of Digital Assets provided this is in line with the Islamic Shariaa

India - Unclear and no convincing answers to our questions received until now – neither from Central Bank nor from Ministry of Finance

Vietnam - Representative office - the representative office should send notification of operation to the authority

South Korea - Not allowed – They require an independent License for operation with an independent setup

North Korea - No regulation, no decision - we didn’t receive any clear answer to our questions

Japan - They have no regulation for the cyrpto but they recommend to liaise with financial authorities since they read on a case by case basis

SchengenCountries

Estonia - Representative office and license needed

France - There is no definite answer.

Nevertheless, Financial regulation in France is based upon European regulation with national specifics added on top of it.

Finland - Still no response or feedback

Germany - General Regulation based on European Union allows the Trade under specific domestic conditions

Greece - No clear or specific answer but they follow the European Union regulations

Iceland - No response

Italy - No clear or specific answer but they follow the European Union regulations

Latvia - We have pro-actively transposed AMLD5 requirements related to crypto currency exchanges into national legislation in Latvia.

The respective regime will stay into force already as of 1 July 2019. AMLD5 foresees, that currency exchanges servicing EU consumers shall apply for EU license.

Liechtenstein - No response

Lithuania - No response

Luxembourg - No response

Malta - The entity would still require a license from the MFSA to operate in Malta

Netherlands - No response

Norway - No response 

Poland -  The Office of the Polish Financial Supervision Authority (Polish FSA), when recognising the legal uncertainty arising from the operation of exchanges and cryptocurrencies exchange offices published the following information on June 6, 2018.

According to Art. 8 of the Law of Entrepreneurship, a company may take any action, except from those which are prohibited by law. A company may be obliged to conduct a specific behaviour only on the basis of legal provisions. In the Polish system of law there are no provisions prohibiting the pursuit of business as currency exchange offices, which means that the operation on the territory of the Republic of Poland in the form of a currency exchange and cryptocurrencies trading is not banned and therefore  is  legal.

It should be noted, however, that entities operating in the field of cryptocurrencies and exchange offices are institutions required within the meaning of the Act on Anti- Money Laundering and Combating the Financing of Terrorism (AML/CFT Act) and will therefore have to carry out all the obligations there.

In addition, the pursuit of that activity, in the opinion of the Polish FSA, may entail the performance of activities covered by the relevant provisions governing the activities of entities in the financial market and, consequently, the obligation to obtain the Polish FSA permits, e.g. authorisation to perform payment services in the field of payment accounts (the so-called “virtual purse”) and the execution of payment transactions as defined in the Payment Services Act. Consequently, such activities, as any other economic activity, must be in full compliance with the legal provisions in force.

It should be noted that the “passporting” of licenses, including licenses to provide payment services, obtained by entrepreneurs outside Poland is in general possible only with respect to licenses obtained in other EU countries.

In view of the cases in which exchanges and exchange offices have been operating on the territory of the Republic of Poland or offering clients through the internet such services without having the necessary permits, the Polish FSA is obliged to take appropriate supervisory action. This means that if an entity is identified in a way that is reasonably suspected of breaking the law, the Polish FSA will take action to include it in the "List of public Financial Supervision Authority warnings".

In order to meet the expectations of those who declare their willingness to act in accordance with Polish law and to ensure that the funds entrusted to them by their clients (including those operating in the cryptocurrencies market) are adequately secured, and need assistance in identifying the relevant provisions and legal  obligations necessary for the pursuit of this activity, the Polish FSA has established the Innovation Hub Programme, whereby it is possible to obtain detailed information on the legal and organisational framework of such activities in a way that ensures the legality of the activities of those entities and the safety of the funds entrusted to them by customers.

Portugal - A financial institution that is authorised in another European Economic Area (EEA) State may conduct financial activities in Portugal if it has the right to passport under a European Union (EU) Single Market Directive, as long as these activities are included in its home state authorisations. In order to do so, the institution must first contact its home-state regulator which will notify Banco de Portugal.

Third country entities, that are not authorised in another EEA State, that wish to provide financial services in Portugal, have to comply with the requirement to be validly authorised by Banco de Portugal in accordance with Portuguese legislation and regulations.

So entities that wish to operate in Portugal will have to establish a subsidiary within the EU and apply for a local license or must submit their applications for authorisation to Banco de Portugal.

Applicable rules on this matter are conditional on the type of entity and the legal form under which these entities intend to operate in Portugal.

Subject licensed by any other National Competent Authority from the third countries (i. e. outside of the European Union and the European Economic Area) can operate in Slovakia only under the permission for this activity issued from the National Competent Authority of the member state. The type of the permission derives from the type of activity of the subject.

Slovakia - Crypto assets are currently not regulated by the National Bank of Slovakia.

We must however inform you, that other laws or regulations might be applicable , such as laws regarding the tax regime for example.

As you might already know, all business activities are regulated in Slovakia by the Commercial Code. In addition, if a company wants to operate its business in this field, it must take into account all the risks falling from these activities (for investors, for consumers and also reputational risk).

Also, in the past, the National Bank of Slovakia issued a warning towards businesses and consumers concerning crypto assets

Slovenia - No response

Spain - No response

Sweden - No response

Switzerland - No clear answer to our enquiry yet

Hungary - Based on European license  they may give a specific permission of activity

Georgia - Based on European license they may give a specific permission of activity

Czech Republic - No answer yet

Russia - Currently, the Bank of Russia, together with interested government authorities , is working on an approach to regulate cryptocurrency exchange

Africa - The only clear answer is from Juhanesburg where they are in the process of regulating the crypto currency exchange

Latin America - Still unregulated in these countries

Australia - No response yet

The exchange of “Crypto Currencies” into Fiat Currencies does not require a license in Austria in regards to E-Money Act 2010, Austrian Banking Act or Payment Services Act 2018.

Austria - Having acquired a license in a third country outside the EEA (European Economic Area) does not have any effects in the Austrian legal assessment. This mean that the Exchange can start there immediately.


OneLife Network Newsletter May 13th, 2019

The latest news and updates for the current week are already here: 

  • The colourful Wonder Wheel Promo has been prolonged again
  • New Leadership Qualifications for May
  • Getting ready for the exchange - Future amendments in the educational packages
  • Corporate Presentations - the latest most reliable source of infographics and up-to-date information


Keep on reading for further details!


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


WONDER WHEEL - HERE FOR 2 MORE WEEKS!

Seize your chance and make your spin before the Wonder Wheel expires on May 24th, 23:59 GMT!

This favourite and colourful promotion gives you the opportunity to receive extra promotional tokens with your packages – a 25%, 50% or 100%. The Tokens will be obtained with the activation of the packages you choose!<(p>

Try your best! Take a spin!


NEW LEADERSHIP RANKING

Dear users,

We would like to let you know that the leadership ranks' calculation period will be calculated for the period 01/05/2019 - 15/06/2019.

The Leadership ranks for April have been uploaded, as well!

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

"The price of greatness is responsibility" - Winston Churchill 


THE OFC BUNDLES OFFERING. 2017 OFCs

Here is some some useful information:

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


UPCOMING EDUCATIONAL PACKAGE AMENDMENTS!

The OneAcademy offers useful and exciting topics for your further development. It has a vital role in educating the people who strive to learn and reach new self-development. This motivates us as a company and inspires us to continue our mission further and become even better in what we do best.
 
Success is the result of innovation. But in order to put great plans into action, one thing is for sure – innovation needs change. Staying true to its fundamental compound that innovation and education go hand in hand with each other, the OneLife company is planning to implement some strategic adjustments to the system as we aim to take the next consecutive step towards the successful public listing of the coin during the year 2019. Therefore, the Corporate Management has decided to undertake the following changes:
 
According to the corporate strategy, the amount of promotional tokens in OneLife’s educational packages will be decreased with approximately 45 %.

Make sure you follow the official corporate channels for the latest updates about when the changes are going to be implemented.

Here is the list of promotional tokens which every educational package will provide the user after the decrease is implemented:

Package Promotional tokens
Starter 435
Forex Beginner 435
Inductee 980
Vestigia 1955
Trader 2175
Forex Talented 1900
Ligabis 2990
Duis Acrus 3965
Pro Trader 4345
Forex Advanced 4345
Forex Expert 16300
Tycoon Trader 26080
Forex Unleashed 26080
   

The Promotional tokens received with each education package provide all members with the ability and the opportunity to participate in the mining process of the OneCoin cryptocurrency (ONE) from its initial stages.
 
Over the past few months, the product portfolio is constantly undergoing important adjustments in line with the Company's plans for the future strategic development of the company. OneLife is a brand with a strong mission and a clear vision. 

Become part of the Momentum! Aim high, never seize to become better!
 
#Togetherformore


***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)


IMPORTANT COMPLIANCE UPDATE!

Dear all,

We would like to draw your attention to the adverse effects of the ongoing activity involving modern cross-recruiting pattern in the new Dealshaker platform directly linked to the Dealshaker Franchise. 

We would like to remind you the OneLife network has Fundamental Ethical Principles build over the years which must be respected by everybody who is part of it. People seeking short-term interests who intent to infringe the Ethical Code of Conduct will not be tolerated.

Please be informed that as the described above violation and the possible consequences thereof present a significant risk for our Company we will freeze (suspend) all who breach it without prior notice.


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!


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

Exchange platform weekly summary

Week 1

IT development

checked Deposit of coins including ONE - done

checked Withdrawal of coins - done

checked Trading - done

checked Deposit and withdrawal of FIAT - done

checked KYC procedures - done

not-checked Testing - next week

not-checked Connection 'DealShaker - Exchange' - has to be done

not-checked Limits - has to be applied

Licensing and IT audit

The licensing procedures is currently an assessment stage. There is more time necessary for final approval and testing. Moreover, the IT audit of the platform will provide a principal opinion in the next weeks. A further revision of a list of all cryptocurrencies on the platform, is undergoing.

Legal

Operational funds were raised and deposited in the Escrow account ready to be transferred. Legal documentation was finalized and under final review. No new updates from specific authorities regarding allowance of provision of services in the state.

Compliance

There is a delay in the licensing committe due to the fact that new requirements for separate CDD platform arose as a spcific requirement of the Central Bank to apply transparency in the Due Diligence Process and to maintain high level of Monitoring and Control over the flow of funds while reporting to the Central Bank. However, we have good news that we can start with limited tolerance time.

NB from the Company May 10, 2019.

Official document >>


OneLife Network Newsletter May 6th, 2019

"The world's favorite season is the spring. All things seem possible in May." — Edwin Way Teale


The month of May is already here along with the latest news for the current week.

Here they are:

  • Тhe Infinity Trader Package has returned!
  • OneForex product promotion is prolonged
  • Bulk Promo for the OneAcademy educational packages extended
  • The Wonder Wheel Promo prolonged as well

Keep on reading to find out all the details!


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]


THE INFINITY TRADER PACKAGE HAS RETURNED!

For all of you who still don't know the great news - the Infinity Trader Package has returned!

Now is your chance to advance further with your education! 

So, what does the Infinity Trader provide you with?

Infinity Trader consists of specific features which could help users enhance their trading skills and gain additional knowledge in the field of trading.

In addition, this package gives users full access to all 6 OneAcademy levels and the special 7th module which is aimed at users who wish to master additional skills and take their knowledge to a higher level of competence.

The infinity membership gives 300 000 promotional tokens and generates 27 500 BV points.

Furthermore, the objectives of the package are 3 splits as standalone, 4 as a combo and all splits can be done in one time.

Don't forget - the promotion ends on May 10thGMT 23:59, so there is still a little time left to take advantage of the Infinity Trader and become an expert in trading!


THE ONEFOREX PROMOTION WAS PROLONGED!

Did you hear? The OneForex promotion was prolonged which gives you a few more days to become a Forex ninja!

You have the opportunity to claim any 3 OneForex packages via Bank Wire and get 1 free.

The promotion is valid until May 10th, 2019.

Are you prepared to face the next financial crisis?

The next financial crisis might strike at any moment!

Make sure you are prepared and claim your survival kit for the upcoming recession on a global scale! The latest OneForex product is called '3 Days of the Next Recession'!

At the beginning the research was only available in English. Recently, the OneForex Team has presented translations of their work in several more languages, available at recessiondays.com: Vietnamese, Spanish, German, Russian, Portuguese and Arabic. You only need to click on the corresponding flag to see the translated forecast.

You can find all the answers in this special report and prepare yourself for the moment when the recession hits.

Please be informed that the Recession Survival kit provides 289 BV points.

For additional information, check out www.recessiondays.com
 

*Provided to you by OneForex*


THE LATEST PROMO by ONEACADEMY!

One more promotion that definitely deserves your attention! Get 3 OneAcademy Educational packages via Bank Wire and get 1 package free!

You can choose among all the OneAcademy packages available in the Shop section of your back office or simply click HERE.

The promotion is valid until May 10th, 2019.


WONDER WHEEL PROMO IS EXTENDED!

The Wonder Wheel promo has been extended until May 10th, 23:59 GMT, so seize this chance and make your spin!

Don't forget - the promotion gives you the opportunity to receive extra promotional tokens with your packages – a 25%, 50% or 100%. The Tokens will be obtained with the activation of the packages you choose!

Good luck, everyone!


THE OFC BUNDLES OFFERING. 2017 OFCs

Here is some some useful information:

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


UPCOMING EDUCATIONAL PACKAGE AMENDMENTS!

The OneAcademy offers useful and exciting topics for your further development. It has a vital role in educating the people who strive to learn and reach new self-development. This motivates us as a company and inspires us to continue our mission further and become even better in what we do best.
 
Success is the result of innovation. But in order to put great plans into action, one thing is for sure – innovation needs change. Staying true to its fundamental compound that innovation and education go hand in hand with each other, the OneLife company is planning to implement some strategic adjustments to the system as we aim to take the next consecutive step towards the successful public listing of the coin during the year 2019. Therefore, the Corporate Management has decided to undertake the following changes:
 
According to the corporate strategy, the amount of promotional tokens in OneLife’s educational packages will be decreased with approximately 45 %.

Make sure you follow the official corporate channels for the latest updates about when the changes are going to be implemented.

Here is the list of promotional tokens which every educational package will provide the user after the decrease is implemented:

Package Promotional tokens
Starter 435
Forex Beginner 435
Inductee 980
Vestigia 1955
Trader 2175
Forex Talented 1900
Ligabis 2990
Duis Acrus 3965
Pro Trader 4345
Forex Advanced 4345
Forex Expert 16300
Tycoon Trader 26080
Forex Unleashed 26080
   

The Promotional tokens received with each education package provide all members with the ability and the opportunity to participate in the mining process of the OneCoin cryptocurrency (ONE) from its initial stages.
 
Over the past few months, the product portfolio is constantly undergoing important adjustments in line with the Company's plans for the future strategic development of the company. OneLife is a brand with a strong mission and a clear vision. 

Become part of the Momentum! Aim high, never seize to become better!
 
#Togetherformore


***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)


IMPORTANT COMPLIANCE UPDATE!

Dear all,

We would like to draw your attention to the adverse effects of the ongoing activity involving modern cross-recruiting pattern in the new Dealshaker platform directly linked to the Dealshaker Franchise. 

We would like to remind you the OneLife network has Fundamental Ethical Principles build over the years which must be respected by everybody who is part of it. People seeking short-term interests who intent to infringe the Ethical Code of Conduct will not be tolerated.

Please be informed that as the described above violation and the possible consequences thereof present a significant risk for our Company we will freeze (suspend) all who breach it without prior notice.


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!


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)


OneLife Network Newsletter April 29th, 2019

Happy Monday, everyone!

Lots of news are coming up this week, here is a brief overview of them:

  • Тhe Infinity Trader Package is back! Check out the details down below!
  • OneForex product promo is prolonged
  • Bulk Promo for the OneAcademy educational packages prolonged, too
  • The Spring Wonder Wheel Promo extended as well

Have a wonderful week! #TogetherForMore


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


THE INFINITY TRADER PACKAGE HAS RETURNED!

Amazing news, everyone! After numerous inquiries from users, the Infinity Trader Package is back in the game!

Why is this package worthy of your attention and why is it so special?

Infinity Trader consists of specific features which could help users enhance their trading skills and gain additional knowledge in the field of trading.

In addition, this package gives users full access to all 6 OneAcademy levels and the special 7th module which is aimed at users who wish to master additional skills and take their knowledge to a higher level of competence.

The infinity membership gives 300 000 promotional tokens and generates 27 500 BV points. Furthermore, the objectives of the package are 3 splits as standalone, 4 as a combo and all splits can be done in one time.

Please note that the promotion begins on April 25th and ends on May 10th,  GMT 23:59. So seize your chance to gain new knowledge and become an expert in trading!

*Learning is not the product of teaching. Learning is the product of the activity of learners.- John Holt*


ONEFOREX PROMOTION EXTENDED

Now you have the chance to take advantage of the amazing OneForex promotion for a little longer.

Obtain any 3 OneForex packages via Bank Wire and get 1 free.

The promotion is valid until May 10th, 2019.

Are you prepared to face the next financial crisis?

The OneForex team has always been one step ahead so do not worry! They have our backs! 

Make sure you claim your survival kit for the upcoming recession on a global scale! The latest OneForex product, called '3 Days of the Next Recession'!

At the beginning the research was only available in English. Recently, the OneForex Team has presented translations of their work in several more languages, available at recessiondays.com: Vietnamese, Spanish, German, Russian, Portuguese and Arabic. You only need to click on the corresponding flag to see the translated forecast.

You can find all the answers in this special report and prepare yourself for the moment when the recession hits.

Please be informed that the Recession Survival kit provides 289 BV points.

For additional information, check out www.recessiondays.com

*Provided to you by OneForex*


EDUCATIONAL PACKAGE PROMO by ONEACADEMY!

Did you hear? One more great promotion has been prolonged. Get 3 OneAcademy Educational packages via Bank Wire and get 1 package free!

You can choose among all the OneAcademy packages available in the Shop section of your back office or simply click HERE.

The promotion is valid until May 10th, 2019.


WONDER WHEEL PROMO IS EXTENDED!

The Wonder Wheel promo has been extended until May 10th, 23:59 GMT, so seize this chance and make your spin!

If you are new here, be aware the promotion gives you the opportunity to receive extra promotional tokens with your packages – a 25%, 50% or 100%. The Tokens will be obtained with the activation of the packages you choose!

Good luck, everyone!


THE OFC BUNDLES OFFERING. 2017 OFCs

Here is some some useful information:

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


UPCOMING EDUCATIONAL PACKAGE AMENDMENTS!

The OneAcademy offers useful and exciting topics for your further development. It has a vital role in educating the people who strive to learn and reach new self-development. This motivates us as a company and inspires us to continue our mission further and become even better in what we do best.
 
Success is the result of innovation. But in order to put great plans into action, one thing is for sure – innovation needs change. Staying true to its fundamental compound that innovation and education go hand in hand with each other, the OneLife company is planning to implement some strategic adjustments to the system as we aim to take the next consecutive step towards the successful public listing of the coin during the year 2019. Therefore, the Corporate Management has decided to undertake the following changes:
 
According to the corporate strategy, the amount of promotional tokens in OneLife’s educational packages will be decreased with approximately 45 %.

Make sure you follow the official corporate channels for the latest updates about when the changes are going to be implemented.

Here is the list of promotional tokens which every educational package will provide the user after the decrease is implemented:

Package Promotional tokens
Starter 435
Forex Beginner 435
Inductee 980
Vestigia 1955
Trader 2175
Forex Talented 1900
Ligabis 2990
Duis Acrus 3965
Pro Trader 4345
Forex Advanced 4345
Forex Expert 16300
Tycoon Trader 26080
Forex Unleashed 26080
   

The Promotional tokens received with each education package provide all members with the ability and the opportunity to participate in the mining process of the OneCoin cryptocurrency (ONE) from its initial stages.
 
Over the past few months, the product portfolio is constantly undergoing important adjustments in line with the Company's plans for the future strategic development of the company. OneLife is a brand with a strong mission and a clear vision. 

Become part of the Momentum! Aim high, never seize to become better!
 
#Togetherformore


***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)


IMPORTANT COMPLIANCE UPDATE!

Dear all,

We would like to draw your attention to the adverse effects of the ongoing activity involving modern cross-recruiting pattern in the new Dealshaker platform directly linked to the Dealshaker Franchise. 

We would like to remind you the OneLife network has Fundamental Ethical Principles build over the years which must be respected by everybody who is part of it. People seeking short-term interests who intent to infringe the Ethical Code of Conduct will not be tolerated.

Please be informed that as the described above violation and the possible consequences thereof present a significant risk for our Company we will freeze (suspend) all who breach it without prior notice.


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!


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)

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