OneGram — an appreciated fintech project

OneGram — an appreciated fintech project

Ideas matter. And a good business idea is the decisive matter of everything to come. At the beginning, we just had the idea to offer a digital asset backed by gold which is, moreover, in adherence with the strict Islamic civilisation rules known as Shari’ah.

At the beginning, it was not only a willingness to invent a feasible business model. We started with the primordial Nakamoto’s idea to offer people a decentralised payment system. We especially applied this challenge within the Muslim world, since it is one of the most rapidly growing parts of the globe in terms of increasing population, business activities, and growth in the financial sector (although its world share is still low). After a year of hard work with smart and industrious colleagues and associates, we can now say that we have built a huge success story called OneGram. The OneGram project has dealt with all challenges and achieved its main goal — to be accepted by the general public and inspire a huge amount of interest. Well, nowadays we have holders of OG from 88 countries all around the world, many of them from non-Muslim regions. It means the inherent features of OneGram are so attractive that people translate them into a stable asset backed by physical gold — which not only guarantees the storage of a value of some kind, but makes them comfortable with using it as a unit of accounting.

Moreover, OneGram has awakened an interest within the general crypto community, among many journalists and bloggers covering this business activity (you can read more here) as well as among the experts. There have been more than 100 articles written about OneGram up to now. Meanwhile, we received the Best Islamic Cryptocurrency Award 2017 and several respected media outlets, including Forbes, have ranked OneGram among the top fintech startups in the Middle East and North Africa (MENA) region.

Here is a chronologically ordered list of recognitions that OneGram has received:

1

OneGram among the 10 best fintech startups 
in Dubai and Abu Dhabi

Dubai, with its 3 plus million inhabitants, is the biggest city in UAE and the 19thlargest financial centre in the world. It is home to many fintech startups due to its favourable legislature. Sheikh Mohammed bin Zayed is especially active in promoting new high-tech or fintech solutions with the vision to be prepared for the future. Unfortunately, many traditional financial and banking institutions are afraid to invest in fintech startups, considering them instead to be serious competitors.

Fintech Newsand its UAE edition have recently prepared a list of the Top10 fintech companies in Dubai and Abu Dhabi you have to know, and OneGram is ranked among them. In fact, it is the only digital asset project listed. Considering Dubai and Abu Dhabi are one of the most developed fintech cities in the world, for OneGram this serves as recognition of the strong business model we have designed.

2

OneGram ranked among 5 fintech startups 
“To Keep on Your Radar”

The ArabNet website is a leading news media in the Middle East region focused on digital business news, analysis, interviews. It covers the expanding community of startups, developers and entrepreneurs. It also runs a very comprehensive startup database of digital startups in the MENA region.

Currently, OneGram has about 100,000 members within its network. This number is constantly growing with the opening of new markets.

ArabNet has noticed the OneGram project will include its own exchange, called Huulk, which has the ambition to be ranked among the best global crypto exchanges with services providing crypto to fiat and vice versa transactions. Moreover, OneGram is preparing other fintech solutions within the MENA region as well.

3

Forbes list of 20 top fintech startups in the Middle East.
OneGram ranked 13th

Forbes magazine is, perhaps, unnecessary to introduce since it is one of the most well-known business magazines in the world known for its rankings and list (of the richest people, etc.). With its more than 100-year tradition, it is a respected magazine with the editions all around the world. Its Middle East edition made a ranking of the 20 best Middle East fintech startups. OneGram was ranked 13th as the only Middle East company developing a cryptocurrency based on blockchain technology.

All of the listed startupsmust have been founded in 2011 or later and have received external funds. The ranking was based on the volume of funds raised. The quality of the investors and business models were other key factors in the evaluation process.

4

Critic’s Choice Best Islamic Cryptocurrency Award 2017

Cambridge IFA, as it characterises itself, “is a financial services intelligence house that specialises in developing and utilising powerful cutting edge analytical tools to evaluate business data, assess macroeconomic indicators and understand market trends, leadership positioning and brand development relevant to the development of the financial services industry globally”.

On November 14th, 2017 the 3rd IRBA was held at the JW Marriot Marquis Hotel in Dubai where more than 30 awardees were recognised in their respective categories. The Islamic Retail Banking Awards (IRBA) is the first-of-its-kind Islamic banking awards programme. The Critics’ Choice for Best Islamic Cryptocurrency was awarded to OneGram. It is necessary to stress that this was the first time a cryptocurrency has ever been recognised by a mainstream awards programme such as IRBA.

Receiving this award is an amazing achievement for us. We knew we were going to break new ground. We were bringing together the conventional commodities investment and pairing it with the latest technology in digital currency and we are encasing this in a 1400-year-old jurisprudence”, says Ibrahim Mohammed, Founder of OneGram.

5

OneGram users

Last, but not least, is the appreciation OneGram partners, holders, users, fans, followers, and anyone who believes in this unique project have given us. We are very thankful the OneGram community is still growing and that OneGram holders come from 88 countries around the world, many from non-Muslim regions. This means OG is appreciated by people who truly believe in OneGram, the first gold-backed and Shari’ah compliant digital asset based on five powerful and attractive pillars, regardless of country boundaries.

We cherish your trust and believe a long and successful path is in front of us — one that’s worthy of following.

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