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ONFA

OFT#1535 by market cap

Not covered. The criterion it missed: homepage could not be fetched (HTTP Error 403: Forbidden).

ONFA is for software as a service. We have not written its record yet, so its promises are not checked. It trades at $0.0576, #1509 of all coins by size, 98% below its highest ever price.

This week Nothing changed on its record.

A real job. No dated promises on its pages. Nothing dated ahead. +191% to match its rivals. 1 reason to be careful.

Is it real?

2 of 4tests passeda real job, real backing, something ahead, room to grow
nonenamed backersno investor or index on file
2 yearson the marketsince 19 July 2024

Reasons to be careful:Half the supply still to come

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2 of 4

  • A real-world jobReal-world purpose: software as a service
  • Real backingA named investor, an index, a major exchange, or a billion-dollar size.
  • Something aheadA dated step, deliveries on record, or demand showing up in the news.
  • Room to growRoom: worth $6.19M, 11 times smaller than EXOD, the biggest coin within reach doing the same thing (Software as a service)

No named backer

  • Origin19 July 2024about about 2 yearsonfa.io, Whitepaper
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersNo public code repository listed
  • BackingNo named investorNot on a big exchange we track
  • Standing on the recordNo recordNo dated promise to judge yet0 headlines last monthNo corrections needed so far
The gap, and what to do

To be worth what the typical coin in Software as a service is worth ($18M), its price would need to rise 191%, to about $0.1677. To match the leader, EXOD, 962%.

Still to check

  • No dated promise on record yet, so delivery cannot be judged
  • Listed on fewer than two big exchanges
  • No named investor among its tags
  • Only 0 headlines named it last month

What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.

A gap is not a forecast. Most small coins never close it. The site never picks.

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

Nothing dated has been found on its pages, so there is no date to wait for yet.

How big is it next to its rivals?

+191%to be worth what its typical rival is worthand +962% to match EXOD
$6.19Mworth todayprice × coins out
$18Mthe typical rival is worthSoftware as a service
$65.7Mthe leader is worthEXOD
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world

Software as a service

5 coins tagged Software as a service, worth $111.25M together. #3 of 5 by worth.

Software as a service: this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • ONFA$6.19Mthis coin−3.8%36% outno record
  • EXOD$65.7M10.6× bigger, +$59.52M+3.5%, gap +7.3100% outno record
  • Civic$31.91M5.2× bigger, +$25.72M−15.7%, gap −11.9no maxno record
  • MATH$4.09M1.5× smaller, −$2.09M−2.0%, gap +1.895% outno record
  • Aragon$3.36M1.8× smaller, −$2.82M+0.9%, gap +4.796% outno record
Same job, different how

Software as a service: this coin next to EXOD, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

ONFA says
Onfa is a versatile and convenient cryptocurrency wallet that allows users to store, manage, and trade various cryptocurrencies with ease.
EXOD says
Exodus (NYSE American: EXOD) is a financial technology leader empowering individuals and businesses with secure, user-friendly crypto software solutions.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

Onfa is a versatile and convenient cryptocurrency wallet that allows users to store, manage, and trade various cryptocurrencies with ease.

Problem it says it solves: software as a service. 5 coins are working on it and together they are worth $111,251,970. This coin is 6% of that.

Where it trades: MEXC

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

1 reason to be careful

  • Half the supply still to come64% of the maximum supply is still to come
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Why is it this small?

Software as a service: this coin next to the group's largest, EXOD.

ONFAEXOD
Years trading2 years7 months
Major exchanges00
Named backers00
Headlines, last month01
Promises deliveredno recordno record

What it says is different: Onfa is a versatile and convenient cryptocurrency wallet that allows users to store, manage, and trade various cryptocurrencies with ease.

It is 9.4% the size of EXOD. On the facts above it is behind on headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.

Printed the same way as the reasons for: facts from the record, the tags and the market feed. Never a verdict, never the word sell.

The homework: the coin itself, the news, the record

The coin itself

$0.0576price of one−3.8% today
98%below its highest ever$2 on 19 July 2024
36%of the supply is out107.29M coins
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The last 7 days

7 days ago: $0.0501now: $0.0576 (+15.2%)

Where today sits against its highest ever price

$0.0576

Highest ever: $2.48 on 19 July 2024. Today is 2% of that.

36%

of all OFT that will ever exist is already out in public hands: 107.29M coins.

64% (192.71M coins) is not yet created or held by the project. That is a majority. Those coins can be sold later, which can push the price down.

out held back. Each dot is 1%.

Its pages do not say what holding it gets you

That is worth knowing before buying. A coin nobody needs is priced on hope.

  • Nothing the project's own pages spell out.
$0.0576price of one
×
107.29Mcoins out
=
$6.19Mworth today, #1509 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 36%of the maximum supply is in circulation: 107.29M of 300M.
  • 192.71Mcoins still to be released, 64% of the maximum. Releases can add selling pressure.
  • 2.6×fully diluted value versus today's market cap. The gap is coins not yet released.
  • 2%of its all-time high of $2.48 on 19 July 2024. That is −97.7% from the top.
  • #1509by market cap, $6,186,226.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

What the news says

0headlines, last monththat name this coin
0about governmentregulation, courts, central banks
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Nothing in the news this month.

Why it movedUp 15% this week. No headline named it in the last three days, so the move is not explained by news we can see.

In the news

Nothing matched in the last month from the sources we read. CoinDesk, Cointelegraph, Decrypt, The Block, plus Google News searches for coins with a record and the top 100.

The record itself

Not covered. The criterion it missed: homepage could not be fetched (HTTP Error 403: Forbidden).

Pages savednot yetno roadmap page found
Promisesnone yetno record drafted
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy