In over the previous 25 years of experience I’ve had the opportunity to build, market, brand and promote a number of services or products online by building significant measurement organizations. I have achieved so with traditional corporations and through the use of channels of community marketing. Many profitable entrepreneurs have gathered nice wealth participating in similar ventures.
Though there are a number of people who disdain network advertising and marketing attributable to quite a lot of factors one can’t argue there are a significant number of corporations who use network advertising and marketing as a source to build, brand or promote providers, merchandise and technology. Many firms that have emerged in this trade are actually multi billion dollar companies.
Even before the emergence of BitCoin was known my circle of very clever enterprise associates and companions have participated in entrepreneur think tanks or round table discussions taking a look at specific products, service and technologies.
A number of these individuals in my circle who I would describe as skilled visionaries. They gained great information by performing deep research. They too relied on their connections to satisfy different visionaries who early on forecast that there can be fast progress of blockchain know-how and cryptocurrency.
My staff of entrepreneurs had many discussions relating to the emergence of blockchain technology and cryptocurrency. These discussions included methods by which our group group could be able to capitalize in this new technology.
There are a number of new cryptocurrencies that have emerged since BitCoin. I can think of 10 to 12 new cryptocurrencies that appear to be of curiosity that we feel will reach important traction over the internet.
One entity that has caught our attention is relatively new to the scene of open source blockchain and cryptocurrency. What’s totally different about it was they emerged using community marketing. This firm is named OneCoin.
Over one 12 months ago members of our think tank group started to do some deeper research with this specific company to separate facts from fiction. We were curious if there was any advantage to what this firm was doing. We also needed to know more facts concerning the ideas of the company.
I can communicate to you about finishing proper due diligence. For many who I refer to as fully misinformed entrepreneurs whose idea of due diligence is merely placing the corporate or an organization officer name in a Google search engine. They then settle for whatever information they glean as pure unquestionable fact. If anybody had been to say that is how correct due diligence is carried out is sadly misinformed.
I have Google searched the name of some very elite firms and large entrepreneurs who most people look up to as a normal in no matter business they signify and found numerous quantities of misinformation without merit or sustainable facts.
Merely finishing a Google search engine search shouldn’t be the right approach to conduct a full due diligence investigation or background of a company or individual. Although it is a basis to begin, it is definitely not a whole background. Utilizing Google search shouldn’t be the correct solution to gathering accurate facts.
The Reason: There’s quite a lot of misinformation posted by people or group publications for too many reasons to name here that purposely publish detrimental or misinformation. Generally people publish unfavorable information about companies, particularly if there is significant curiosity of the company. They do this to draw more consideration to themselves or to attract web site visitors to their blog for no other purpose then particular person monetary gain. Example the more guests I have the more advertising income I earn.
You see the nationwide media do the identical thing. Typically they publish inaccurate data not factual to sensationalize the story to the public. On many occasions their sources are by no means properly vetted to guarantee accuracy. The general public watches. Advertising income increases. Generally a retraction of the error or that the data was not accurate follows which is so obscure nobody notices.
By our entrepreneur suppose tank we realized onecoin sign up was based in Sophia, Bulgaria Europe and the CEO Dr. Ruja Ignatova had an extensive background in the world of fiance and banking industry.
In particular this same Dr. Ignatova held a Juris Diploma from the University of Oxford with a Masters Degree in Economics from the College of Konstanz. We additionally discovered that Dr. Ruja earned a Ph,D in law from the College Konstanz. Her thesis was on Corporate Litigation within the European Union.
We also investigated Dr. Ignatova’s background. She was a former Associate Associate in McKinsey and Company which she worked on a major number of of projects. Dr Ignatova also had a vast banking background as CEO/CFO in one of the biggest asset management funds in Bulgaria.
We additionally discovered Dr Ignatova’s background in cryptocurrency made her one of the leading authorities in Europe regarding blockchain know-how and cryptocurrency.
This was fascinating to us. Not being glad we really wished to document this information was factual or not. Following this a member of our assume tank decided to conduct his personal deeper research to document all of this. This was adopted up by a personal go to to the corporate HQ in Sophia Bulgaria. Surprisingly our suppose tank member was given full transparency inside the company and to Dr. Ignatova. This was documented by an independent movie crew who accompanied this contact in Europe.
We have since updated our research on this company based mostly on this impartial research.. We discover they’ve gained quite a bit of traction in gathering worldwide membership of over 1.7 million. Members may enroll for free or buy training packages/training packages ranging in numerous price points based mostly on the schooling package.
Primarily based on the training bundle size, they are distributed tokens that are used for mining purposes. Via this course of the member mines cryptocurrency coins that they could elect to hold for development valuation. Members have an choice to sell their crypto-cash back to an internal exchange.
We witnessed this price of a crypto-coin from its inception at about.50 euros has grown in value to about 5.63 euros on their inside alternate within a interval of approximately 1 year. This can be a staggering eleven instances valuation.
The company makes use of open supply blockchain technlogy independently audited by third party audit corporations with a plan to mine roughly 2.1 billion coins. Their aim is to be listed on unbiased exchanges by massive growth. Apparently Dr Ignatova has a plan is allow the everyday use to use of the for instance buy of products/servcies to a worldwide base of merchants utilizing seamless cost systems.
