OneCoin is a new cryptocurrency designed for user-driven market creation, offering a straightforward compensation plan and aiming to rank among the top three cryptocurrencies. It utilizes a fixed algorithm to produce 2.1 billion coins, allowing members to mine together in pools, thereby minimizing individual investment risks. Founded by Dr. Ruja Ignatova, OneCoin promotes educational packages for trading and offers an exchange for tokens, emphasizing advantages over Bitcoin such as security and liquidity.