OneCoin's DealShaker would be better called DealShitter

16th of February was the day OneCoin finally launched the highly anticipated DealShaker platform. A platform for individuals and business owners to sell their products and services using onecoins and optional euros for transactions.

During the first two weeks her dictatorship only charged 25 % of the cash part of any deal made. - Wow, so much generosity! After March 1st 50 % of all cash goes directly to Ruja's purse. This is only fair, because it's a ponzi.

The terms and Conditions of DealShaker state:

"Regular Advertising Fee is calculated based on the Cash Value of the Promotional Deal Offering Price. Until March 1, 2017 the adv. Fee will equal 25% of the cash value.
Featured Deals Advertising Fee is calculated based on the Cash Value of the Pormotional Deal Offering Price and will equal 50% of the cash value of the redeemed Deal Coupon Price.
Featured Deals Advertising Fee will require that the Cash Value of Promotional Deal Offering Coupon Price constitutes at least 20% of the Deal Coupon Price."

Shitty deals

I have been following the new market place during these two weeks and it turned out to be pretty much what was expected among critics of OneCoin scam. The platform offers mainly insanely overpriced products from all over the world, including bedspreads, bedspreads, bedspreads, self help crap, wedding planning from China, kitsch and a lot of other junk.

There are also some seemingly high quality products like this Louis Vuitton handbag. According to the merchant's address these handbags are sold from a Chinese village.

Who's responsible for a shitty deal?

As OneCoin takes no responsibility on the deals done, I can't imagine who on earth would be willing to use cash for purchasing anything from DealShaker.

DealShaker's Terms and Conditions:

"In addition Merchants agree that the Company is only acting as a passive conduit for Merchants’ online distribution and publication of their content. The Company is not responsible for any public display or misuse of any Merchants’ content.

Refunds and Complaints 

If a Merchant has not managed to provide the described and promised service or product, and there is a sufficient evidence provided by the buyer/user/client - the client may be fully or partially refunded. 

DealShaker can be in control of the communication between the Merchant and the Buyer 

DealShaker doesn’t assume responsibility on behalf of the merchant for the provided service or product"

A disappointed customer from England communicating with a Chinese handbag salesman through DealShaker. That should be interesting... Or not since "can" doesn't really promise anything, and as said "DealShaker doesn't assume responsibility".

The purchase process

As stated on DealShaker's Terms and Conditions:

The process will flow as thus 

Be automated  

Via OneLife Cash and OneCoin Account  

Users have to sign off the purchase order with their unique Transaction password. Transaction Password can be set through the OneLife BackOffice. Only user knows his/her Transaction Password. 

No limitation as to how many coupons can be purchased from the deal 

Users can shop coupons for only 1 deal at a time, e.g. there is no shopping card at the moment 

Credit Card payments are not yet available 

Debiting the Cash account of the user will be visible in the OneLife BackOffice. In the dealShaker user profile, users will only be able to track their OneLife and Cash Balances

OneCoin is unbanked and thus bank wire transactions aren't possible. The company can't even offer credit card payment, so shopping at DealShaker has been done really hard and it's also burdened with trust issues between merchants and customers.

OneCoin has had a lot of time preparing the platform. Despite having all the time and money the merchant platform is just awful. There has been a lot of mysteriously disappearing ads. Filtering products works miserably, which makes the whole shop a big and unattractive mess. In addition, prices being ridiculously high I doubt that there's been much deals executed. Most of the deals require "self organized shipping" or redeeming at location.

"There is an up to 4 weeks period for approval and processing your withdrawal request for the DealShaker cash proceedings from your OneLife Backoffice."

- Lol.

Three million members, 100.000 of them giving a shit?

OneCoin claims to have nearly 3 million members. Nevertheless the merchant platform has only aroused the attention of a bit above 100.000 members. So far the counter on the web page claims that there are 14.200 registered businesses:

After two weeks has passed it's hard to believe that the humongous majority of OneCoin's self-declared nearly 3 million members have not shown any interest towards the merchant platform. I would suspect that the real headcount of the members is close to the figure on DealShaker's ticker.