Question 1

What Is the Current Price of ONE?

Accepted Answer

The current price of ONE tokens may fluctuate due to market conditions. They are part of an innovative ecosystem designed by BigONE to integrate their community into the platform’s economics through "Trade-Mining" and other mechanisms.

Question 2

What Is ONE?

Accepted Answer

ONE is the new platform token introduced by BigONE, the total issuance of which is fixed at 20 billion tokens. These tokens are primarily distributed to the BigONE community through a unique process known as "Trade-Mining." ONE tokens serve as a means for users to participate in the BigONE platform's economy, where token holders are awarded 100% of the trading fees incurred on the platform.

Question 3

How Was ONE Distributed?

Accepted Answer

The distribution of ONE tokens is divided between community-owned and BIG token holder owned segments. 51% (10.2 billion ONE tokens) belong to the BigONE community and are made available for circulation once mined or released. On the other hand, 49% (9.8 billion ONE tokens) are allocated to existing BIG token holders and are released at the same rate as the community-owned tokens.

Question 4

How Does Trade-Mining Work?

Accepted Answer

Trade-Mining with ONE is accomplished by trading crypto assets in designated sections on the BigONE platform. Each day, BigONE calculates the trading fees incurred in the Trade-Mining section and unlocks an equivalent value of ONE tokens based on the average price of ONE for that day. These unlocked tokens are then distributed to users who participated in Trade-Mining.

Question 5

What is the Referral-Mining Mechanism?

Accepted Answer

Referral-Mining rewards existing BigONE users for inviting new users to the platform. The trading fees generated by these new users are converted into ONE tokens, of which 20% are given to the user who made the referral as an incentive.

Question 6

Can BIG Token Holders Receive ONE Airdrops?

Accepted Answer

Yes, BIG token holders on BigONE's platform receive daily ONE airdrops. These airdrops are determined by the number of ONE tokens unlocked from the community-owned segment and are distributed in proportion to the amount of BIG tokens held by users. However, these airdropped ONE tokens for BIG holders are frozen until a specified date and are not tradable during that period.

Question 7

How Are ONE Token Holders Rewarded?

Accepted Answer

ONE token holders are rewarded with a share of all trading fees on the BigONE platform. This distribution occurs daily, based on a snapshot of ONE balances. These trading fees, in the form of various cryptocurrencies, are airdropped to ONE holders in proportion to their holdings compared to the total number of released ONE tokens.

Question 8

What Are the Risks Involved With ONE Tokens?

Accepted Answer

Like all cryptocurrencies, ONE tokens are subject to high volatility and associated risks. It is important for investors to be aware of these risks and make informed decisions in line with their own risk tolerance and investment goals. BigONE emphasizes that investment decisions should be made with caution.

Question 9

Where Can You Buy ONE Tokens?

Accepted Answer

ONE tokens are platform-specific tokens and are not traded on other platforms. They are acquired through participation in the BigONE ecosystem, notably through the Trade-Mining and Referral-Mining mechanisms and airdrops to BIG token holders.

Question 10

How Can You Participate in the Trade-Mining and Referral-Mining Programs?

Accepted Answer

To participate in Trade-Mining, you must trade in the designated Trade-Mining section on the BigONE platform. For Referral-Mining, you can invite new users to register and trade in the Trade-Mining section and receive rewards based on their trading fees. It's essential to follow the specific rules and timings stated by BigONE to benefit from these programs.

Convert ONE to ADA

Try our Crypto Pro app