What Is ONT (Ontology)？
Ontology is a project designed to bring trust, privacy, and security to Web3 through decentralized identity and data solutions. It is building the infrastructure to provide trusted access to Web3, allowing individuals and enterprises to rest assured that through regulatory compliant digital identity solutions, users and their privacy come first.
The Ontology blockchain is a high speed, low cost public blockchain. It is designed to bring decentralized identity and data solutions to Web3, with the goal of increasing privacy, transparency, and trust. To achieve this, users and enterprises are provided with the flexibility to build blockchain-based solutions that suit their needs, while also ensuring regulatory compliance. Through Ontology’s Ethereum Virtual Machine (EVM), Ontology ensures frictionless compatibility with Ethereum, the first step in the creation of the Ontology Multi-Virtual Machine and further interoperability for the chain.
At its launch, Ontology chose to forego the popular initial coin offering (ICO) model in favor of a series of community distributions and airdrops of its ONT cryptocurrency. Ontology launched its own MainNet on June 30, 2018 and has been up and running smoothly since.
What Makes Ontology Unique?
lThe ONT coin has been shaped by the expert hands of engineers and talented programmers, making it all the more reliable.
lIt has a financial backing of a robust Chinese group, and hence it makes it free from any scams.
lThe fame of Ontology crypto also emerges from the alliances with NEO making it an esteemed altcoin.
lNo special training or expertise is required by any investor to trade in crypto assets. Its simplified process on two basic frameworks, one of agreement wherein ONG helps with smart contracting almost on the similar lines of Ontology.
lOntology also enjoys the benefits of policy governance and regulation changes.
How Many Ontology (ONT) Coins Are There in Circulation?
Ontology has a total coin supply of 1,000,000,000 ONT, of which nearly 80% are currently in circulation. At its launch, 15% of ONT tokens were allocated to its core team, 10% to the NEO council, 28% to institutional partners, 10% to its technical community and 25% to the development of its ecosystem.
These tokens were subject to a strict screening process and various unlocking periods that ran over two years until the end of October 2020.
Where To Buy ONT?
ONT is listed and supported by the world’s leading exchanges such as Binance, Coinbase, FTX and Bitfinex.