OneLife Newsletter, December 17th, 2019

OneLife Newsletter, December 17th, 2019

Another week booming with DealShaker activities all over the world!

Keep on reading to find out all about the latest promos, expos, DealShaker news and so much more that is coming up this week in the ONLY reliable, corporate source of information!

Make sure you check the News Section in your back office for more updates and materials



ONE GETTING STRONGER, WHY NOT BUY SOME CHRISTMAS GIFTSBY EXCHANGING YOUR ONE?

Over 1200 people already did by attending Mega Event OneLife Mastermind in China! All these One Family members had the chance to purchase a new TV, sound system, modern kitchen set or even clothes and artworks by using their ONEs. Huge DS Expo took place on 14th and 15th December in Shanxi China. Over 160 merchants sold electronic appliances using ONEs and thousands of people attended being part of this unique Eco-crypto system.

Within the last few months with the support of China GLG members and active leaders from the One Team, China has uploaded more than 2800 deals on DS and organized 3 successful DS Expos. Congrats for the unbelievable success, China!



NEW BRIDGE in VIETNAM FINISHED!

Another great news From Vietnam – Thursday, 12/12/19 One more bridge completed and handed-over as a part of over 1000 bridges project within OWF OLN Vietnam.

Handover Ceremony of OLNVN022 Bridge sponsored by Fred & Sherry Fok of Singapore!

Looking forward to the Thanksgiving Gala Dinner 2019, which will take place in Singapore on 21 December! This spectacular event is followed by The Singapore Dealshaker Bazaar!

Wishing best of luck to the Singapore One Family!

TRINIDAD AND TOBAGO EVENT!

The vision of the company became real to me when I saw the 1st Dealshaker Expo take place in Romania (mid-2017).

It wasn’t until July 2018 the Caribbean had our 1st Caribbean Dealshaker Expo where we were awarded the first Dealshaker Franchise. We then had our 1st One market event just 2 months after that. Then the Caribbean Dealshaker Franchise Office was officially launched on December 8th, 2018. One year later on December 14th, 2019, we held our 14th market now called Dealshaker Bazaar.

This one had 30 merchants and was significant for several reasons. It was our 1st anniversary as a Franchise. It was also a call from the merchants for another bazaar after we held what was supposed to be our last for 2019 on November 2nd. All through the year, we saw testimony after testimony of Onecoin usability and subsequent growth of our merchant base. This last bazaar for 2019 saw several new merchants than previous ones as well as a few non-Dealshaker Merchants also taking part. Its always exciting to see people walking out with bags of groceries or fresh fruits and vegetables, lovely local and international dishes, many locally manufactured and produced items including drinks, clothing, craft items, personal body care and more. Massage and spa treatments were a staple at all our big bazaars. These bazaars and markets would not have been any way successful were it not for the dedication, commitment, and belief of the many merchants who participated at one time or another and are accepting payment in full or in part for their goods and services.




I must take time to mention a few who have made it a must to attend each and every bazaar or would have also made significant contributions as merchants:

*Oasis Decor (Kelvin Carnaby),
*Aunty Lisa's catering (Alicia Ryan Farrell)
*RC Fresh Fruits (Shoba Gopichandsingh)
*Wallace Bliss Zen Spa (Crystal and Rodney Antoine),
*Cleantech General Services (Roger Stephen),
*Snakes Treatz (Imtiaz Mohammed)
*Oui Cuisine (Denise Charles)
*Simply Jems Crafty-Handi Works (Mery and Jamiyla Beale),
*Necessities at Charms (Charmaine Nicholas),
*Fenway Enterprises (Wayne and Wendy Elcock)
*Sixes Online (Terrance and Juanita Sixto)
*Fusion Cuisine (George and Leah Callender) and
*Keston Pierre

Equally, I could not have done it all without this amazing team of volunteers including my wife Joella Alvarez, my son Eric Jr., and my good friends Sherryann Patterson, Wynette Jackson, Alicia Walsh, Robert Rolocks and several others who volunteered their time and resources at one time or another.

The future looks bright for Dealshaker and OneCoin in the Caribbean and the world.




To all merchants around the world, I salute you. You are helping to transform many lives for the better.

Eric Alvarez

Marketing Manager,
Dealshaker Trinidad & Tobago

HIGH PRIORITY FOR ONE LIFE NETWORK!

Technical issues within the last weeks remain with high priority for us! Our IT Team already managed to figure out and clear partially the technical difficulties we’re facing with some sites. Focusing all our strength and knowledge to solve them.

At OneLife Corporation, we believe that ethics, honesty, and brotherhood should be at first priority and we’ve spent years ensuring that all our members are people that we can trust. The last few months were not only difficult for the One Family but also very constructive as many people, that were part of this huge Family showed their true colors. We want to announce that Mark Nishiyama and Sina Hunt are no longer part of the One Community and though they tried to damage our reputation, we’re thankful and we wish them luck with their new adventures! As our Captain stated when the bus travels from point A to Z along the way stops will be made and people get off. Ask yourself are you here for the entire ride.

Warmest Regards,
OneLife Network Family

INDIVIDUAL SELLERS vs. REGISTERED BUSINESSES

Dear all,

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

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




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

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

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

IMPORTANT DEALSHAKER UPDATES

Dear all,

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

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

Dear all,

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

Many of the above-mentioned deals are accompanied by a tempting proposal by the merchant – the buyer should transfer his accounts to the merchant and pay part of the deal price outside of the platform in exchange for 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.

SPECIFIC LEGISLATION, DEFINING UNFAIR B2C COMMERCIAL PRACTICES

Point 14 of Annex I to Directive 2005/29 / EC of the European Parliament and of the Council of 11 May 2005 concerning unfair business-to-consumer commercial practices in the internal market and amending Council Directive 84/450 / EEC, Directives 97 / 7 / EC, 98/27 / EC and 2002/65 / EC of the European Parliament and of the Council and Regulation (EC) No 2006/2004 of the European Parliament and of the Council (the "Unfair Commercial Practices Directive") must be interpreted in the sense that a promotional pyramid scheme constitutes unfair commercial practice only in the following cases:

- when it requires the consumer to pay a certain amount, regardless of how much, thus being granted the right to join the scheme, regardless of whether the consumer is selling/ using products or not.

There is an active bonus program for IMAs, called “Global compensation plan”, which is available on the website. Sales (not the sole fact that someone has joined) are rewarded regardless of whether they are made directly or further down the sales chain. The commission can also be earned by a free enrollee into the OLN system called Rookie. After the completion of each educational level, the participants receive a certificate.

- when the participants in such a scheme need to contribute financially.

In the “Global compensation plan,” it is stated that the free Rookie package allows members to generate promotional tokens and bonuses from the Network's rewards plan (also known as Fast Start retail commissions) It also provides them with information which is free of charge and helps them understand the project better.
- the last users to join are likely to receive fewer benefits for their participation that the ones who joined earlier in time.

IMAs who build teams of other IMAs who then make ALS (Advanced Learning Systems) sales earn bonuses. All times are provided with an equal opportunity to earn if they make sales of ALS. The ALS teaches about financial markets, global trading and the emerging world of cryptocurrency.

- when the recruitment is based on the promise that the consumer will be able to benefit economically.

The activity of the IMAs in the Network is supervised by an experienced compliance team. As per corporate policies compliance will sanction IMAs who breach IMA T&C; OLN T&C; and all applicable policies and procedures according to the internal sanction policy. The rules are for everyone – no exceptions. In order to become an IMA, a new applicant is required to read and agree to the terms of the Agreement and the relevant General Terms and Conditions of the Company. Upon notification of his/her acceptance by the Company, the new IMA will be entered into the Company database. As it is written in OLN T&Cs: “The client should neither be convinced to purchase the products through dubious and/or misleading promises nor by promises of special benefits when these are linked to uncertain future outcomes. Furthermore, “an IMA shall not guarantee payments or raise expectations otherwise.“

- when the largest part of the revenue is not a result of an actual economic activity

The company carries out MLM operations with the aim of selling Advanced Learning Systems (ALS).

The ALS consists of courses on financial topics with varying levels of difficulty.

These are as follows:

1. Introduction to finance (Teacher: Mr. Angel Marchev);
2. Risk and Stock Market (Teacher: Mr. Angel Marchev);
3. Forex and technical analysis of financial markets;
4. Risk management and econometric analysis (Teacher: Mr. Joannis Kantartzis);
5. Behavioral Finance and advanced analysis (Teacher: Mr. Numan Ulku);
6. Behavioral Economics (Teacher: Ms. Eva Porras);
7. IPO process and valuations (Teacher: Ms. Eva Porras).

8. The new product is the legal packages, offered by OneAcademy, which gives comprehensive information about the legal side of the cryptocurrency world. They have been written and prepared for the mass public by law professionals with long-term experience in the field. These courses have been developed as a guide into the world of crypto regulations, the ICO and the integration of the crypto cur-recipes into the traditional markets all over the world. The topics covered by the legal packages are:

1. The legal definition of cryptocurrency
2. Economic evaluation - is it an asset, commodity or something else
3. Cryptocurrency impact on the traditional market.
4. Types of cryptosystems
5. Legal implications for the regulators
6. ICO regulations
7. Integration of the cryptocurrency, enabling cooperation with banks and institutions
8. Compliance systems and Tax regime

Each level consists of information about the cryptocurrency law in 6 different countries - Italy, Germany, Belgium, Bulgaria, Sweden, and Norway, classified into sections. Furthermore, each of these countries offers a written handbook, an educational video and/or a presentation on each topic.

DEALSHAKER FRANCHISE COMPLIANCE

General information on how the franchise model functions

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

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

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

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

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

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

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

THE OFC BUNDLES OFFERING. 2017 OFCsUPDATED INFORMATION:

Stage 3 of the Mandatory Discount Period is ongoing.

On 8th October, 2019, the next 30% of the coins will be released. The remaining 20% of them will be held for additional 3 months and will receive 15% more coins.

Stage 3 will continue until January 7th, 2020.

You will receive all new information accordingly.

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

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

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

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

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

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

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

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

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

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

Useful information about the OFC Bundles Offering:

What is ONE?

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

How you can use it?

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

For your information

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

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

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

Stay informed and become part of the innovation!*

*Special thanks to the team of professionals behind the OFC Bundles Offering for providing us with all the latest updates!
Go to Webpage
*NEW - COINSAFE USER MANUAL*

Due to the recent requests by our users for a refresh of the information about how to get the best of CoinSafe functionalities, our Support Experts have prepared a short guideline.

The new manual is available here:

Back office ->Information Center ->Resources -> IMA Tools

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

Find the new handbooks in:

Back office ->Information Center ->Resources -> IMA Tools

***NEW COMPLIANCE UPDATE***

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

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

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

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

Contracts are compulsory as they:

- provide proof of details

- prevent misunderstanding from arising

- provide security and peace of mind

- serve as an official record of the agreement

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