UFC Stars Team Up to Fight Fake News with Cryptocurrency

The onG team consists of tech executives and ex-alum of the UFC, including Adrien Rosenbusch and Kenny Florian.

OneName Global (onG) has announced the launch of their initial coin offering (ICO) to provide social media users with a blockchain-based unified dashboard across platforms to reduce fraudulent news.

Learn how to buy Bitcoin and Ethereum safely with our simple guide!

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

onG is an IBM-incubated startup developing on dual blockchain (Waves and Ethereum). It seeks to provide ease of control for both central and decentralized social media networks, while supporting digital interaction with cryptocurrency-based rewards.

Follow the Blockchain Podcast for exclusive interviews

Suggested articles

XRP Now Available to Trade on the Kinesis ExchangeGo to article >>

The user experience will consist of a dashboard which connects to the API of numerous social media platforms including Facebook, G+, LinkedIn and Youtube. It will also include API’s to decentralized networks such as Steemit, Akasha, Golem, MaidSafe, and others.

The team at onG believes that the crux of the platform is the technology’s reliance on community-verified truth for each post made to social media. This allows for contributors to be rewarded with cryptocurrency based on community checked standards.

The onG team consists of a combination of tech executives and ex-alum of the UFC, including co-founder Adrian “Tenacity” Rosenbusch with evangelization by Kenny Florian.

Rosenbusch’s career includes four years as a cutman for the Ultimate Fighting Championship, ESPN/Top Rank Boxing, and HBO/Golden Boy Boxing. Florian currently serves as an analyst for UFC on Fox and color commentator for UFC Fight Night.

This is just another case of sports personalities promoting an ICO. The Stox token sale got a massive boost when the American boxing champion Floyd Mayweather promoted Stox on Instagram, where he has over 16 million followers.

Got a news tip? Let Us Know