OneCoin is not a pre-mined cryptocurrency, meaning that the OneCoin miners create the market. By mining the coin, transactions are added and recorded to the OneCoin ledger, comprised of all past transactions. The ledger resembles a chain of blocks, which confirm that a certain number of transactions have been made.
OneCoin is the first cryptocurrency auditing its blockchain by an independent auditor on a monthly basis.
Because the focus of OneCoin is on the coin’s usability, we have offered our miners a coin that is easy to mine and easy to use. OneCoin has also enforced anti-money laundering policies as a proof that the company has long term plans to be a key player on the financial market.