Attribute | Value |
---|---|
Ticker | ONT |
Website | https://ont.io/ |
Consensus | Add |
Algorithm | Add |
Price | 1.63663 |
Trading Volume | 413320861.38051 |
Market Dominance | 0.0653 |
Market Capitalization | 1340953151.21 |
Total Supply | 1,000,000,000 |
Max Supply | 1,000,000,000 |
Ontology is a high performance open source blockchain specializing in digital identity and data. Ontology's unique infrastructure supports robust cross-chain collaboration and Layer 2 scalability offering businesses the flexibility to design a blockchain that suits their needs. With a suite of decentralized identity and data sharing protocols to enhance speed security and trust Ontology’s features include ONT ID a mobile digital ID application and DID used throughout the ecosystem and DDXF a decentralized data exchange and collaboration frameworkAt 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 which began life as a NEP-5 token on the NEO blockchain. This helped to quickly establish both organic price discovery and a passionate community and helped the project to avoid subsequent regulatory scrutiny.For example for a brief period any person who signed up for the Ontology newsletter received an airdrop of free 1000 ONT which reached a value of $10 per token soon after the token became listed on major exchanges like Binance. Ontology launched its own MainNet on June 30 2018 and now operates independently from the NEO blockchain.