OneCoin is a cryptocurrency aiming to become a top-tier digital currency based on a unique algorithm allowing for the creation of 2.1 billion coins, with members participating in mining pools. Founded by Dr. Ruja Ignatova, the project emphasizes a compensation plan and educational structure to help users trade and profit from cryptocurrencies. The document outlines the potential benefits of OneCoin over Bitcoin, including a more advanced algorithm and greater accessibility for users.