mCoin is powered by ONEm’s Global and scalable Platform, which has the ability to reach billions of people around the world even through traditional mobile without the Internet
LONDON, United Kingdom, February 20, 2018/ — Introducing mCoin (www.ONEm.com/mcoin), the first cryptocurrency accessible on any mobile. mCoin is a unique first of a kind inclusive cryptocurrency, that makes it possible for the 3 billion people around the world who don’t have access to the Internet to take advantage of new kinds of services tied to blockchain technology.
mCoin is powered by ONEm’s (www.ONEm.com) Global and scalable Platform, which has the ability to reach billions of people around the world even through traditional mobile without the Internet.
Unlike other Cryptocurrencies, people will have the ability to trade mCoin securely through their SMS based virtual wallets which is not connected to the Internet. Users will be able to earn mCoins through “Pseudo-Mining” which is a type of “Proof of Work” based on meaningful activities. mCoin is bringing together a community of people outside the domain of the Internet who for the first time will be able to participate in sharing information that will have positive social and economical impact.
Millions of small businesses around the world will have access to mCoin through ONEm’s Sweb for Business, Market Place, mCatalogue and many social applications that use SMS and/or the Internet.
ONEm’s powerful ecosystem can be harnessed by Governments and Organizations to provide valuable services for their citizens who don’t have access to the internet, and in the same vein make use of mCoin’s underlying SMS accessible blockchain technology.
“It is exciting to see so many people who share in our vision for an inclusive Cryptocurrency outside of the domain of the Internet. People from all over the world are participating in mCoin Pre ICO and taking advantage of the attractive bonus packages now available as they see tremendous high growth potential of a cryptocurrency that can reach this very big un-tapped market” said Christopher Richardson, CEO of ONEm.
For more information visit: www.ONEm.com/mcoin
Distributed by APO Group on behalf of ONEm.
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4 comments
“Users will be able to earn mCoins through “Pseudo-Mining” which is a type of “Proof of Work” based on meaningful activities”?? What are “meaningful activities”??
Is it on the blockchain? Is it pre-mined? What are the difficulty levels? What is the annual inflation? Is there a white paper?
This coin just sounds like a scammy ponzi scheme!
Am surprised Techzim is actually promoting this garbage!
It does sound like a scam. Too much hidden information.
Even on their website, they claim media coverage by bid publications but there is no link to the actual coverage.
TechZim, have you done due diligence? Have you investigated yourselves or this is ad-revenue without question on legitimacy.
Be careful, you could easily front for criminals.
Hey no this was just a forwarded press release. Am sorry, we should have labeled it as such. We thought it was an interesting idea to explore. I am glad you guys are already doing that and that you know the right questions to ask. Indeed the bulk of the crypto world right now is ponzi and we have called out some
Hi Everyone,
If you follow the link http://www.onem.com/mcoin- you will see we have a whitepaper which is already 24 pages and on page 2 we mention the Whitepaper is under development and more information will be provided. Links to the publications with the media links is scheduled to go live in the next 24 hours. In the meantime, a simple google search and you can find the media publications. Here is an example from Reuters, an International newsagency https://www.thomsonreuters.com/en/press-releases/2016/august/reuters-partners-with-onem-to-bring-reuters-news-to-a-global-audience.html. The image attached to the publication is also our activities in Africa we have been doing, working with Univerisities to create awareness of our technology and services which can greatly benefit many people. mCoin will be enabled with a separate blockchain based on the original bitcoin protocol. It is forked from the Litecoin project using the Scrypt hashing algorithm.With regard to difficulty, the target time for an mCoin block is 2 mins. mCoin inflation will be determined in the market. We will ensure there will be sufficient mCoins supply to meet the utility demand. ONEm users will earn points for using ONEm ILS services such as news, wikipedia, language translation, or group messaging. Points can be exchanged for mCoins.