You have Questions? We have Answers!
What is the idea behind Unicorn Factory?
The concept behind Unicorn Factory is elegantly simple. Our entrepreneurial division has seen a number of great ideas fall to the wayside because of a lack of resources. Enterprise sales have a long curve, and often, enterprises have entire divisions dedicated to understanding new technologies. Entrepreneurs see the opportunity before Enterprises but they lack the resources. Entrepreneurs need support and often having to go out and find these resources means each person is reinventing the wheel. They all face the same challenges of trying to find investors, developers, legal, finance, and all the other resources you need to launch a product. We therefore assembled all the resources you need in one place.
Onli is a paradigm shift. Instead of an elaborate scheme to simulate an asset. You can now produce the real thing on a computer. The educational curve on something that is an enormous paradigm shift can be expensive. Where DLT is like Nokia and Crypto like Blackberry, Onli is the iphone. When Apple created the iphone, a little known fact is that they also established a venture capital fund to help entrepreneurs create the first apps on the iphone. We took a page from Steve Jobs playbook. We are doing the same. We are inviting a few qualified entrepreneurs and providing access to the resources they need.
Put simply, the Unicorn Factory puts you in a room with people who get it. To qualify you need some resources. At least $100K in the bank or because you will need runway to take off. You need $15K to pay for a ticket to the workshop, and take 10 days out of your life to learn the platform. You will leave with all the resources you need to help you succeed. All you need to do is bring your ideas and an open mind.
This opportunity is exclusive, it is not intended for everyone. This is for a select few. That is not unfair, it's about being honest and practical. Being the first to step through the door, to take the risk, that is not for everyone. If your first question is "who has done it already", then you are not an entrepreneur. Entrepreneur wants to be first. Entrepreneurs want the opportunity. Opportunity isn't a free ride; it comes with a price tag. It demands sacrifice, and not everyone is ready to foot that bill.
Let me share something that cost me a lot of money and took me a long time to learn. My job is to offer the opportunity. I don't decide anything. Opportunity has a cost and most people are trying to avoid the price. The ones that are sincere make the sacrifice because they already made their choice. We don't decide who is a unicorn or not. You know you better than anyone else. No one can decide for you, you are the one who decide for yourself. That is one of those life secrets. You choose. You make the choice. If an opportunity is for you, you'll know it deep down, and you'll find a way to pay the price and make it happen. If it's not for you then any excuse will do. Sometimes the best favor people can do for you is to say 'no'. I'll say it again, the best favor people can do for you is to say 'no'. Embrace it, because it saves you the most precious thing you own and that is time. The key takeaway here is not to waste your time and waste other's time. That is the most important thing to pay attention to in life is not to waste time. You will always make more money. You will never get more time.
Unicorn factory, or cafe, or key, different cities have different names, all have the same value proposition. Find people who truly want the opportunity and empower them.
Why is Onli not opensource?
Onli is original code developed on patented technology. While most people see names like J.P. Morgan and Citibank in the crypto market today. It wasn't like this when the blockchain revolution began. Blockchain actually began in the black market and that stigma has remained to this day. The noble ideals personified by an alternative market came after years of the technology being used irresponsibly. Silk Road it can be argued was really the vehicle for wide spread adoption. Onli is a luxury brand and we have every intention of keeping control of who can use it, for as long as we can. We do not subscribe to the idea of finance being an open environment. Losing a few photos is one thing. Losing your life savings is another. It is our position that Finance, like medicine, demands responsible governance. Onli is a proprietary technology of the Onli Corporation.
How do you become a Developer?
Making it easy to develop appliances on Onli One is the mission of The Onli Corporation. The process requires an interview as Onli is not right for everyone. The next step is to attend the If-Onli training conference. There you will get hands-on training on how to develop with Onli. Entrepreneurs can also attend the UF Lectures and there get valuable insight with a startup playbook. Onli is a closed eco-system. Bottom line, this is enterprise software, and it cost $15K to get started. You start the process by sending an email to hello@onli.one requesting an interview
What does an Onli Appliance Environment look like?:
Developing for Onli Cloud is drop dead simple. Lets start with the components of system.
Issuers: who issue assets.
Owners: who possess assets.
Appliances: made by developers who present a value proposition to Owners regarding an asset. Issuers control what appliances can use their assets.
Onli One Network: A private network used by Owners to move assets around.
Now lets understand the product line.
Build- Onli designs and programs your asset using an tool called Build. Build encodes the feature set into the Genotype of these Genomes. Once coded they cannot be altered.
Mint - Assets are minted in billion unit runs and placed in a high security storage device called a Treasury. The cost per minting is $0.001 per asset.
Onli.Cloud - A private, single tenant, cloud infrastructure API through which Onli delivers OnliOne & Cloud Services.
Treasury - The Treasury is installed in your Onli Cloud Instance. The Treasury Device is hosted in a High Security Data Center and connected to Inventory Service. The treasury contains:
Inventory Service - Assets that you make available to be issued.
Cold Storage Unit - Assets not being used in inventory
Bill Breaker - A Micro-Service for Denominations, put simply it makes change.
Developer Assets - Non-trading Assets used for development purposes.
Settlement Vaults - Software that hold Assets in escrow pending an Appliance defined condition, like payment from an on/off ramp.
Oracle - a registry of Owners.
Onli.Cloud API Server - Onli Cloud Services is a functions-as-a-service platform that interacts with your Onli Cloud Instance.
Onli ID - Onli includes advanced Identity Management Software, which is required to access services on the Onli One Network.
Onli App -Onli-based Assets are kept in a vault not a wallet - The Onli App is a free app that provides, an Onli-ID, a Vault Service and a high-security authenticate and authorization service. There is no charge for this App.
Appliance - An Appliance is a custom built client/server application built by developers that are delivered exclusively to client's customers. This is the part your customer interacts with.
Vescel Database -Vescel is a cryptographic container technology for putting data into, instances are referred to as a Crypt.
Now lets look at the process.
Initial Consultation - Onli is not right for everyone find out if it is right for you.
Ideation - Financial Assets require Legal and Regulatory Compliance. Designed and Programmed by The Onli Corportation. Once approved you build your own brand of Onli, no attribution is required.
Minting - Onli Assets are minted in Billion unit runs and stored in a Treasury.
Appliance Development - You design and develop your Appliance with a developer.
Open Onli.Cloud Account - Dedicated Infrastructure and an Api-Key to Issue, ChangeOwner and AskToMove Assets
Inventory - Delivery and integration of Treasury with Onli.Cloud
Oracle Initialized - Oracle is a user accessible record of ownership for Owners of a particular Issue. Appliance Owners can run a clone or outsource it
Onli_You - Users download free Onli_You app, join an Appliance, receive an Onli_ID and a Vault to store Assets.
Launch Your Appliance - Delivers the value proposition to your users.
Trade -Assets are ultimately moved peer to peer by Owners.
Is learning to develop on Onli difficult?
The developer UI is elegantly simple. You make a call and get a receipt. Everything you need for your Appliance is on the receipt. To develop an appliance you use three calls: Create (or Add) Owner, AskToMove, changeOwner. Onli Cloud, upon an authenticated request, creates Owners (Onli_ID), ask owners to move assets (AskToMove), host the master Oracle and hosts Treasury Vault were Assets are held for issuance to Owners (Issue). Onli_Cloud Services also executes requests (changeOwner) by Owners in an enclave, a secure environment.
Here is a video walkthrough of Onli.Cloud : Remember to turn on Closed Captioning to follow along.
here is part 2
Here is part 3
How do I think about an Appliance?
Appliances are applications that deliver a value proposition to Owners of Assets. An appliance typically is an integration of three separate but distinct concepts:
Matching (matches a buyer/recipient to a seller/sender/)
Conditions (like payment through an on/off ramp)
Asset Delivery (Onli Logistics takes care of moving assets around)
The Matching and Conditions part are what your Appliance will handle. For example in a Marketplace: The Appliance upon completion of the Matching Step will then "ask the owner" of the sender to move their assets to a settlement vault. Upon completion of the Payment step the Appliance will request the Onli Cloud Transfer Agent to changeOwner. The Genome Owner will be recomputed and delivered to the recipient. A receipt will be generated and delivered to the Appliance.
Only an Owner can move an asset. This is a peer-to-peer system. There are no transaction fees and no miners on the Onli One Network. To issue an asset there is an api call called "Issue". Issue appliance assets from the Treasury Vault to any member of your Appliance. Issuance incurs a one time Issuance fee of $0.05 USD per asset. The issuance fee is billed to the Issuer Account. This is a once-and-done fee. Issuers may charge fees, they keep them. Appliances may also charge fees, they keep them. Owners do not pay Onli.One network to move assets around. Owners are in possession of and complete control of their assets (genomes).
This is different from the ground up. Onli is a different paradigm than blockchain. Think of Onli as a light bulb and DLT Blockchain as a candle. A candle is not a new kind of candle. It is a different way to generate light. With Onli you get all the benefits of blockchain and none of the problems.
What does Onli Cost?
When thinking of developing a solution think of costs in four components: The Cost to Build, The Platform Costs, The Infrastructure Costs and the cost to operate.
To Develop an application you are going to need resources.
Apples to Apples Onli cost less than most enterprise cloud services. You also are not nickel-and-dime to death by a thousand cuts. There is just one flat fee per month. You can issue a billion assets and there would be no change in pricing. This is a single tenant system that means you are not sharing any resources with anyone else. You have total security and you are in complete control.
Onli platform costs are $0.05 per asset once. Most platforms adds a transaction fee surcharge, which means you or your customer is paying this every transaction.
Infrastructure is not the platform. In crypto the Miners provide the Infrastructure. There are no miners in Onli. The Onli One network is free to Owners. There are no fees. This also means any fees your appliance charges are 100% yours.
Put simply, Apples to Apples Onli value proposition is simple. Onli is easier to build, and faster to deploy, cheaper to operate and you keep more of what you make with Onli.
How do I get started?
Onli is not right for everything. Speak to an account executive and see if only is right for you. Join the next If Onli conference.