Ontology
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Ontology is an open source blockchain that specializes in digital data and identity. The infrastructure allows for cross-chain collaboration, and makes it possible for businesses to create a blockchain for their custom needs. Ontology tokens, or ONT, went through a comprehensive screening process. There were several unlocking periods over a span of two years. Today, you can buy ONT on Binance and OKEx.
The Beginnings of Ontology
Li Jun founded the company. However, Onchain's development team provided some support to the company. Ontology was created to give enterprises more flexibility. To accomplish this goal, Ontology allows businesses to make blockchain that fit their own needs. Unlike Ethereum and NEO, Ontology permits users to customize governance and have enhanced privacy.
Other features, like smart contracts and cryptographic identity proofs, add to the value of the platform. It's extremely useful and is particularly useful to those in the medical community.
To negate transaction fees, the ONT chain makes and distributes free Ontology Gas, or ONG. The amount has a correlation to the holdings of ONT holders.
More About Ontology and ONT Tokens
Ontology has protocols designed for speed, security, and trust. ONT ID is one of its more interesting features. It's an application for mobile digital ID and is useful in DDXF.
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When Ontology launched, the company opted to skip the initial coin offering. The distribution of ONT started with a NEP-5 token on NEO. Because of the decision to release in several periods, the company developed a passionate group of supporters and avoided too much regulatory scrutiny.
For some time, a person who signed up for the Ontology newsletter received 1,000 ONT. Once ONT was available on Binance, the currency had a value of $10 per token. As of early December, ONT had an exchange rate of just under $0.5 per token.
What are Ontology Frequenty Asked Questions?
Where does Ontology (ONT) rank among in terms of popularity? How relevant is it compared to competitors?
In terms of popularity, Ontology currently ranks in position 169 out of the thousands of cryptocurrencies. It is also important to consider Ontology‘s market cap – in general, the higher the market cap of a cryptocurrency, the more dominant it is considered to be in the market. Ontology has a market cap of $ 232,993,082, which compares to Bitcoin (the most popular cryptocurrency by several metrics) with a market cap of $ 547,124,424,710, Litecoin at $ 4,373,813,404, Ethereum at $ 210,152,421,209, Tether at $ 72,451,566,241, and XRP at $ 18,618,537,522.
What is the price of Ontology (ONT) today (updated in realtime)?
The current price of Ontology is $ 0.266444 in USD. (The price in Euros is 0,249405 €; and the price in Bitcoin is Ƀ 0.00000927 BTC.)
What is Ontology‘s (ONT) market supply?
The total available supply of Ontology is 875,249,524 ONT. The total supply of Ontology is 1,000,000,000 ONT.
What is the 24 hour volume for Ontology (ONT)?
The 24 hour volume for Ontology is $ 24,749,365.
How has Ontology (ONT) performed recently?
Ontology‘s price has decreased in the last 24 hours by -1.14%. This compares with a seven day change of -0.25%. The trading volume over the last 24 hours was $ 24,749,365. Trading volume indicates how many units of a currency are being bought and sold on specific exchanges. High trading volumes are likely to drive more on-chain activity, for example when people deposit and withdraw funds. It can be a good indicator of the general interest in the cryptocurrency.
What is Ontology (ONT) official website?
Links to Ontology‘s official website, social accounts, blockchain explorer, and Github repository if applicable.
Has Ontology (ONT) performed well historically?
Here is a chart showing how Ontology has performed historically.
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Where Can I Buy Ontology (ONT)?
Here is a breakdown of the current market prices from top cryptocurrency exchanges.
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Charts & Market Data
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Ontology News
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- Falling Bitcoin price doesn't affect El Salvador: 'Now it's time to buy more,' reveals Deputy Dania GonzalezCointelegraph.com News - 5 hours agoIn an exclusive interview with Cointelegraph, a policymaker from El Salvador reveals how BTC has been helping the country change people’s lives. Dania Gonzalez, Deputy…
- WEMIX gains 200%+ after stablecoin and boosted staking rewards announcementCointelegraph.com News - 6 hours agoNew partnerships, a mainnet upgrade and plans to launch a stablecoin appear to have triggered a 200% rally in WEMIX price. Blockchain-based gaming, also known…
- Crypto Biz: Smart Money is betting big on Web3, layer 2, May 19-25Cointelegraph.com News - 6 hours agoDespite the apparent bear market in digital assets, venture capital continues to allocate billions to crypto and blockchain startups. Billions and billions. That’s what venture…