Onfocoin is a global cryptocurrency that grows through network mining and fractal growth. The number of tokens issued remains proportional to the user base as it expands.
ONFO is a grassroots, open-source system, built for citizens of the world. Students everywhere may sign up instantly using the email address issued by their school domain (e.g. stanford.edu). We believe the current generation of students is dissatisfied with the way national money is issued. This is an opportunity to create a network which presents an alternative to sovereign currencies.
The value of any network grows as the user participation grows. ONFO solves 3 major problems that bitcoin has yet to accomplish:
1. ONFO HAS INSTANT TRANSACTIONS
2. NEGLIGIBLE TRANSACTION FEES
3. NEGLIGIBLE USE OF ELECTRICITY
ONFO tokens are granted to participants who work to recruit others into the system. For each student you successfully sign up for an account, you receive 10 ONFO in return. There is no cost for students to sign up.
Any email domain may sign up for an account, but if the domain is not one of the over 9000 pre-approved domains, verification using a photo ID will be required. In essence, non-students will be required to prove their identity with a third party.
ONFO has never participated in an ICO or IEO. The system is currently fully legal throughout the world and will remain that way.
Welcome to the cryptocurrency revolution.
ONFO is a grassroots, open-source system, built for citizens of the world. Students everywhere may sign up instantly using the email address issued by their school domain (e.g. stanford.edu). We believe the current generation of students is dissatisfied with the way national money is issued. This is an opportunity to create a network which presents an alternative to sovereign currencies.
The value of any network grows as the user participation grows. ONFO solves 3 major problems that bitcoin has yet to accomplish:
1. ONFO HAS INSTANT TRANSACTIONS
2. NEGLIGIBLE TRANSACTION FEES
3. NEGLIGIBLE USE OF ELECTRICITY
ONFO tokens are granted to participants who work to recruit others into the system. For each student you successfully sign up for an account, you receive 10 ONFO in return. There is no cost for students to sign up.
Any email domain may sign up for an account, but if the domain is not one of the over 9000 pre-approved domains, verification using a photo ID will be required. In essence, non-students will be required to prove their identity with a third party.
ONFO has never participated in an ICO or IEO. The system is currently fully legal throughout the world and will remain that way.
Welcome to the cryptocurrency revolution.
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