# ONFA - Whitepaper

## 1. Introduce

In the digital era, the cryptocurrency market has emerged
 as a formidable asset class, requiring advanced, secure and
 user-friendly platforms.

ONFA was established on December 24, 2023, marking the
 beginning of a new chapter in investment strategy and asset
 management in Asia. Focus on blockchain's potential to
 redefine financial transactions. The ONFA app is designed
 to empower investors with seamless control over their
 crypto assets.

This white paper details ONFA's strategic approach to
 integrating cutting-edge technologies with traditional
 investment tools, promoting a secure, efficient and profitable
 ecosystem for asset management digital.

## 2. ONFA Cryptocurrency Wallet

ONFA was built with a focus on making the exchange between digital
 assets and fiat currencies simpler than ever, making it possible for anyone
 to participate in cryptocurrency investing. ONFA's main customers are new
 people who are investing in cryptocurrency for the first time or people
 who do not have much experience in trading. ONFA focuses on the
 following main product groups:

1. **Payment**: Pay, shop, and consume
   directly from fiat money inside
   the wallet
2. **Custodial**: Store, send/receive
    cryptocurrencies and support fiat
    currency transactions.
3. **Investing**: Buying, selling and
    managing your investment
    portfolio is extremely easy
    and convenient.
4. **Earning**: Passive overnight interest up to
   12% when storing VNDT, USDT
    and other assets at ONFA
    (interest paid daily)

## 3. ONFA License

ONFA officially received license number 001393771 on January 16, 2024
 for digital asset exchange operations from the US government.
 

This license will enable ONFA to provide crypto asset trading operations,
 custody services, digital asset wallets and portfolio management to users
 globally under the supervision of its regulators. regulatory agency in the
 United States.
 

In addition, ONFA is also licensed to buy, sell, and collect works of art as
 well as Digital NFT art products. **See** [**details**](https://onfa.io/about/license)

<div><figure><img src="/files/DFd92tkbgYRb8aYgTlsn" alt="" width="375"><figcaption></figcaption></figure> <figure><img src="/files/cw0Ot55l4UU5vdHWWZxh" alt="" width="375"><figcaption></figcaption></figure></div>

## 4. ONFA Ecosystem

<figure><img src="/files/OqHdftirJaeIHn5iNpKi" alt="" width="563"><figcaption></figcaption></figure>

## 5. Business model

ONFA's Profits Come From The Following Activities:

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**Revenue from selling and exchanging NFT digital assets.**
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**Revenue from transaction fees, fiat deposit/withdrawal fees, crypto**
\
**deposit/withdrawal fees.**
{% endstep %}

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**Revenue from participating in liquidity mining.**
{% endstep %}

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**Revenue from consumption, shopping, and payment from transaction**
\
**cards.**
{% endstep %}

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**Revenue from cash management and investment.**
{% endstep %}

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**Revenue from listing partners' new digital assets.**
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## 6. ONFA TOKEN ( OFT )

The focus of the ONFA ecosystem is the secure storage of digital assets. Through the
&#x20;use of OFT (Global ONFA Token) and other digital currencies, users can grow their
&#x20;assets within ONFA's platform. Emphasizing security, ONFA deploys advanced
&#x20;encryption and multi-layer authentication to protect user assets.

OFT is a utility token used throughout the ONFA ecosystem, deployed on two
&#x20;independent platforms: Binance Smart chain and ONFA chain (a Blockchain platform
&#x20;owned by ONFA itself and providing a network ) maximum supply is 500,000,000 OFT
&#x20;(burn only and cannot create more). OFT's smart contracts have been thoroughly audited
&#x20;by Certik before being officially deployed on blockchain networks. Specific information is
&#x20;as below:

|            Information           |                                                                                                          Details                                                                                                         |
| :------------------------------: | :----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------: |
|             **Name**             |                                                                                                           OnFA                                                                                                           |
|            **Symbol**            |                                                                                                            OFT                                                                                                           |
|            **Decimal**           |                                                                                                             8                                                                                                            |
|          **Blockchain**          |                                                                                              Binance Smart chain, ONFA chain                                                                                             |
|             **Logo**             |                                                                              <img src="/files/wiGQuNVkUlq1j5FUYgJR" alt="" data-size="line">                                                                             |
|         **Total Supply**         |                                                                                           <p>300,000,000 (Binance Smart chain)                                                                                           |
| <br>200,000,000 (ONFA chain)</p> |                                                                                                                                                                                                                          |
|          **Token Type**          |                                                                                                       Utility Token                                                                                                      |
|           **Contract**           | <p>BSC Url: <a href="https://bscscan.com/token/0x297c6470cc7a3fe5cf8e5d977c33a2d4b4d9b126">Click here</a><br>OFS Url: <a href="https://scan.onfa.io/token/0xd31985Bf78a6Df49d3A063A99361a48eAc83595e">Click here</a></p> |

## 7. Mining OFT

ONFA leverages the power of blockchain technology to ensure transparency and
&#x20;security in art ownership. Limited to just 150,000 NFT pieces, each NFT piece is not
&#x20;only a piece of the painting, but also a unique art ownership and investment opportunity.

"Financial Model and Token" official report from ONFA. This section will explain the
&#x20;strategic approach to NFT mining OFT rewards in ONFA, highlighting how the rewards
&#x20;are designed to be halved for every 50 million OFT tokens mined. This mechanism aims
&#x20;to incentivize early participation in the ecosystem, effectively manage inflation, and
&#x20;ensure long-term stability and growth of the platform by carefully regulating the supply of
&#x20;OFT tokens.

To be able to start mining OFT, users must own NFT and stake it in a smart contract.
&#x20;The mining plan will begin to be implemented and the duration for mining is a maximum
&#x20;of 720 days. During the mining period, the user's NFT will be temporarily held in the
&#x20;smart contract and rewards will be paid out every day, specifically after 24 hours from
&#x20;the time of mining.

## 8. Calculator

The reward for OFT mining will be designed according to the following formula:

| Token                     | Value received daily |
| ------------------------- | -------------------- |
| 0 - 50,000,000            | 20 OFT               |
| 50,000,001 – 100,000,000  | 10 OFT               |
| 100,000,001 – 150,000,000 | 5 OFT                |
| 150,000,001 – 175,000,000 | 2,5 OFT              |
| 175,000,001 – 187,500,000 | 1,25 OFT             |
| 187,500,001 – 193,750,000 | 0,625 OFT            |
| 193,750,001 – 196,875,000 | 0,3125 OFT           |
| 196,875,001 – 198,437,500 | 0,15625 OFT          |
| 198,437,501 – 199,218,751 | 0,078125 OFT         |

Unique NFT mining reward mechanism, where rewards are halved for every 50 million
&#x20;OFT mined, incentivizes early participation and sustainable platform growth. This
&#x20;strategy helps manage the token offering, ensuring long-term value for stakeholders.

## 9. Token allocation

The total amount of OFT will be allocated as follows:

<table><thead><tr><th>Allocation</th><th width="140.5999755859375">Percent</th><th width="166.7999267578125">Quantity</th><th>Time (Vesting)</th></tr></thead><tbody><tr><td>Mining</td><td>40%</td><td>200,000,000</td><td>Unlock 100%</td></tr><tr><td>Private sale</td><td>5%</td><td>25,000,000</td><td>Reserve, unlock
<br>magnetically
<br>January 1, 2025 with main
<br>long-term vesting book</td></tr><tr><td>Strategic partnership</td><td>10%</td><td>50,000,000</td><td><p>Reserved, unlocked from</p><p>April 20, 2026 with long-
<br>term vesting policy</p></td></tr><tr><td>ONFA founding team</td><td>20%</td><td>100,000,000</td><td>Unlocked from January 1,
<br>2027, vesting 1% quarterly</td></tr><tr><td>Liquidity</td><td>10%</td><td>50,000,000</td><td>Unlock when needed</td></tr><tr><td>Broker allocation, VIP
<br>accounts</td><td>5%</td><td>25,000,000</td><td>Unlock 100%</td></tr><tr><td>DEFI ONFA ecosystem</td><td>10%</td><td>50,000,000</td><td>Unlock when needed</td></tr></tbody></table>

## 10. Value of OFT

#### Safety and Security: Top Priorities

ONFA not only focuses on innovation and profit optimization, but also places a high
&#x20;priority on safety and security. With advanced encryption technology and strict security
&#x20;measures, the ONFA Wallet application ensures that users' assets and information are
&#x20;always protected in the best way. Whether you are trading, investing, or simply storing
&#x20;assets, you can trust ONFA to protect you from any potential risks.

#### Global Connectivity: Easy Access, Anywhere

ONFA is not limited to any one country or region. With global connectivity, users from
&#x20;all over the world can access and take full advantage of the ONFA platform's features.
&#x20;Wherever you are, you can enter the cryptocurrency market, invest, and grow your
&#x20;wealth with full support from the ONFA digital wallet.

#### Burning policy

We commit to spend 20% of our profits each month to buy back OFT from the market
&#x20;and remove circulation (burn) until the number of OFT in the market is only 50%. This
&#x20;is a way for OFT to increase its value to investors who trust and hold OFT. Every
&#x20;month ONFA will have a specific report on the number of OFT purchased & burned,
&#x20;updated at [https://onfa.io](https://onfa.io/) (starting from December 2024).

#### ONFA Chain Ecosystem: Multi-Token Platform (Contracts)

| Token Name                 | Symbol          | Smart Contract                             |
| -------------------------- | --------------- | ------------------------------------------ |
| **ONFA Token**             | **OFT**         | 0x297c6470cc7A3fe5cF8E5D977c33A2d4b4d9b126 |
| **ONFA Hope**              | **OHO**         | 0x423FDAC01863d5a674362E32c3a665E451689a1A |
| **OHO Plus / OHOP / OHO+** | **OHOP**        | 0xA8EFF9604164F9F58A6C0024C2Cf5b87A7D5E3bb |
| **METTI TOKEN**            | **MTT**         | 0x7865541D029fe03E7032DBE40CDF2BeaA25f57b6 |
| **ONFA Gold**              | **OFG**         | 0x76c6A11D44a879f75D9795DbFDd6B879CB7f6a6e |
| **ONFA NFT**               | **ONFA**        | 0x6d3845aeD78281B2ac01564F7AEe14E4edfB86da |
| **NFT Market**             | **ONFA MARKET** | 0xbf1257b442Ac774095852615ab5aa34bD3012a84 |

## 11. Roadmap

ONFA is constantly developing and always puts the interests of the community first.
&#x20;With the desire to build a solid foundation, ONFA will aim to reach 10 million users and
&#x20;be present in 50 countries by 2027.

<table><thead><tr><th></th><th valign="middle"></th></tr></thead><tbody><tr><td>20/4 -30/4</td><td valign="middle">Seed Sale 20,000,000 OFT (Opening price 0.1 USDT)</td></tr><tr><td>20/05 - 30/05</td><td valign="middle">Private Sale – 10,000,000 OFT (Opening price 0.5 USDT)</td></tr><tr><td>06/2024</td><td valign="middle">Launchpad &#x26; Listing at P2PB2B (Opening price 1.0 USDT)</td></tr><tr><td>07/2024</td><td valign="middle">Launchpad &#x26; Listing on OKX (Opening price 1.5 USDT)</td></tr><tr><td>08/2024</td><td valign="middle"><p></p><p>Complete the product ecosystem</p><ul><li>ONFA AI Trading</li><li>ONFA P2P Exchange</li><li>ONFA Farm</li></ul></td></tr><tr><td>Q4/2024</td><td valign="middle"><p></p><p>Connect to Fiat transaction portal:</p><ul><li>Issuing ONFA Visa Debit Card transactions</li><li>Deposit/withdrawal portal for Fiat Visa Card, Credit Card, etc.</li></ul></td></tr><tr><td>Q1/2025</td><td valign="middle"><p>Launching the global trading platform ONFA Marketplace (integrating shopping</p><p>and consumption with ONFA cards)</p></td></tr><tr><td>Q2/2025</td><td valign="middle">Launch of ONFA decentralized wallet. Trade directly on the web 3.0 platform</td></tr><tr><td>Q1/2026</td><td valign="middle">Reached the milestone of 5 million users and is present in 20 countries.</td></tr><tr><td>Q1/2027</td><td valign="middle">Reached the milestone of 10 million users and is present in 50 countries.</td></tr></tbody></table>

## 12. Founder Team

We stand on the threshold of a promising future where every individual, regardless of
&#x20;origin or status, is empowered to create their financial destiny. Our dream is not just a
&#x20;distant vision, it is a deep commitment to eliminating barriers, bringing equal financial
&#x20;opportunity to everyone. We don't stop at believing in a world without discrimination in
&#x20;access to the tools of wealth - we're taking action to make it happen.

#### With the support of the latest technology, we are committed to bringing:

* Safe, user-friendly digital financial investment tools: Each of our products is designed
  &#x20;to ensure that anyone can use it easily and safely, from beginners to investors.
  &#x20;veteran.
* Break down all investment barriers: We do not accept any limitations imposed by
  &#x20;borders, complex knowledge, or minimum capital requirements. Our goal is to make
  &#x20;investing easy and accessible for everyone, everywhere.

ONFA's platform, created based on smart mobile phones - a device almost everyone
&#x20;has, not only brings convenience but also ensures safety and ease of use for everyone.
&#x20;ONFA believes that, soon, no one will be left behind in this technological revolution.
&#x20;Financial democratization will become a reality, opening the door to wealth and
&#x20;prosperity for every individual, regardless of country or economy. Led by two founders
&#x20;and a passionate team, ONFA is more than a platform, it is a symbol of innovation,
&#x20;equality, and opportunity.

Join us in making history, building a fair and sustainable financial future for everyone,
&#x20;everywhere in the world.


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