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OneLife Network News

OneLife Network Newsletter June 10th, 2019

This week in June has brought new presentations, DealShaker updates and new compliance regulations: 

  • DealShaker - New Strategy, Updates and Compliance News
  • Big shout out to two DealShaker merchants which have sparked our attention
  • Wonder Wheel is here until the 18th June
  • 3+1 Promo for all OneAcademy Courses bought via Bank Wire
  • New Leadership Qualifications for May
  • Corporate Presentations - the latest most reliable source of infographics and up-to-date information

Have an amazing week, everyone! 
#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]


DEALSHAKER - NEW STRATEGY and UPDATES

We would like to announce we are BACK...back to the old DealShaker! The team working on the platform has elaborated a strategy to continue the smooth transition back to www.dealshaker.com without unnecessary turbulence and disturbances. 

We would like to announce: 

1. www.dealshaker.com is fully functional and operational. 

2. All DealShaker expos will be approved through the old platform or their respective franchisee. Please see the table with the new process for a merchant to get approved and upload deals as well as the new fees and charges. 

3. Technical issues are currently being worked on in order to provide all the users of the platform will better service.

A kind reminder to all DealShaker franchisees:

Please send an email to franchise@dealshaker.com with the franchise agreement you have signed with former DS project manager.

The contract will be amended slightly and signed again with the OneLife company with the exception of these territories where the exchange is not allowed to function due to specific legislation there. As we know crypto regulations are dynamic and are constantly changing. Furthermore, in case regulatory changes appear for certain countries in the future, we will act accordingly.


DEALSHAKER FRANCHISEE GENERAL INFO

General information on how the franchise model functions

1. DealShaker prices are formed in 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.

GREAT EXAMPLES 

In the recent weeks some of our merchants have been very active on the DealShaker platform selling fast-fashion pieces, jewelry and cosmetics. The beauty-related sector has been growing enormously on the Internet worldwide.

Liliya69 and khaira333 have sparked attention as fairly new merchants on www.dealshaker.com with the ranks of Rookie merchant and Trader, respectively. The businesses have been selling products for 100% ONE or through mixed payment in both ONE and fiat since August 2018. The clothing in the Liliya69`s store are claimed to come from vendors working with high quality materials from Italy, Turkey, etc. The business is positioned in Russia and all clients can claim their goods at location. 

The Australian merchant khaira333 sells clothing, bags and cosmetics with great success as well.

The two merchants are great examples of how the DealShaker can have an impact on everyone`s life in a positive way. 

If you would like to know more about their stores and what www.dealshaker.com has to offer go to our platform and browse through many products and services available to you by fiat and crypto currency.


1 MORE WEEK WITH WONDER WHEEL

The Wonder Wheel promo is on until June 18th, 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!

Take your spin!


3+1 PROMO FOR ALL ONEACADEMY EDUCATIONAL COURSES

One more great promotion has come back for 1 more week!

Buy 3 ONEACADEMY Educational packages via Bank Wire and get 1 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 from 4th June until June 18th, 2019


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!
 
'You don’t need a title to be a leader. You lead by example.' - Jamie Woodburn 


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,

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 plaform 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.


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 5

Week 5

IT development 

Ongoing parallel work towards the stabilizing of the synchronization between blockchain and back office; The work process towards building a connection between the exchange and the old DealShaker is finalized. Test accomplished successfully. 

Licensing and IT Audit 
Central Bank committees reverted earlier this week that they have almost gathered all the info they need for their final internal assessment. According to them they will not need to liaise with the Exchange company for the moment until they are done with the assessment. 

Moreover, according to CB, they will make a site visit (first visit will be physical in the office of the country, holding the license; then they conduct a fiscal and after that a platform visit). CB wants to make sure that the Exchange company exists physically in the country of license and that it has a serious setup. 

Will wait for a period of 3 weeks (deadline was given by the CB) for the Exchange company to participate in a final physical meeting. IT committee report regarding the coins and tokens will be presented during that meeting. 

Regarding the disaster recover, contingency and business continuity plans which are required by the CB: 

- disaster recover plan - provided and approved; 
- contingency plan - provided and approved. 
- business continuity plan - still in process of preparation. 

Regarding the payment gateway – as per info by the CB, they have no specific preference. Any internationally recognized gateway is acceptable and they will provide the Exchange company with a recommendation letter to facilitate the account opening procedure. 

Regarding the exchange fees - as per info by the CB, the matter will be discussed during the meeting. 

They consider these as parameters that might be a subject to changes in the future.

Regarding the liquidity account – as per final requirements it should function as a liquidity line (it should be equal to a one time capital as minimum with a 20% cash injection as a start with a time limit of 9 months to constitute the liquidity line. 

Compliance 

The Exchange company hasn’t received any updates from responsible authorities yet, both from their old and their new request. A follow up process will take place, starting Monday 10.06.2019. During the present week requests have been send to the following governments: Israel, Mongolia, Ukraine, Algeria, Pakistan, Bangladesh, Azerbaijan, Taiwan, Canada (following the franchise model). Regarding the European license - after the subsidiary application was completed, a reply has been received to submit all the legal papers from the Exchange’s company which were confirmed by the Central Bank, notarized and authenticated by the Embassy, the Ministry of Justice and Ministry of External affairs of the country of establishment. After that they’ve been authenticated by the Ministry of foreign affairs in the European country where the application was made and then by the commercial register. We can not give deadline yet, expect further information soon.



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