ONEm is approaching the launch of its first encrypted currency

Dec

27

2017

outside the Internet
London-based ONEm is developing and issuing a unique digital currency called m in collaboration with several block developers Blockchain and CryptoCurrency, according to the company’s press release.

The company said that its new currency M will be distinguished from the currently available coded currencies, which have reached a market value of $ 600 billion, which can be used and traded with or without the use of the Internet, making it practically available to all mobile subscribers around the world.

The company also noted that there are multiple uses on the ground through the SWEB business customers, which will help to multiply its value dozens of times during a short period after being launched in June 2018.

“The target market value for m by the end of next year is $ 5 billion, and ONEm will acquire 30% of the total share traded while the largest share will be distributed to investors, SWEB service users, metal traders and traders,” said Christopher Richardson, ONEm’s co-founder and CEO.
According to the company, the encrypted currency m is protected by a high level of security where there is no access to hackers if used away from the Internet, which is considered a real threat to digital currencies.

The company intends to officially announce the initial offering of the encrypted currency m and its symbol and initial value during the month of April 2018. The IPO is expected to attract large numbers of investors as they have access to markets outside the range of current digital currencies such as Bitcoin and others.

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