From our top analyst famous for ZIL, BLZ, heck this ONT call I have even before the breakout but...
Marketcap: $357 990 069 USD
current price: $1,49 USD
circulating supply: 241.236.451 ONT
total supply: 1.000.000.000 ONT
Ontology is a blockchain/distributed ledger network which combines a distributed identity system, distributed data exchange, distributed data collaboration, distributed procedure protocols, distributed communities, distributed attestation, and various industry-specific modules. Together this builds the infrastructure for a peer-to-peer trust network which is cross-chain, cross-system, cross-industry, cross-application, and cross-device.
Ontology and its distributed ledgers use a decoupled architecture that can support multiple blockchains and traditional IT systems as the underlying layer. At the ledger level there is a distributed ledger framework with smart contact support and customization for different scenarios. At the application level there are multiple modules and protocols for specific business processes to improve the scalability and flexibility of the entire architecture.
Ontology was launched by OnChain, a private company founded by DaHongFei and Erik Zhang who are the founders of NEO.
In Q1 2018, we will release the team page, roadmap, Ecosystem White Paper, have TestNet on GitHub, and will be inviting developers to take part in a bounty program for our project. MainNet will be soon.
There will be a max supply of 1 billion ONT tokens which are indivisible, and you'll get Ontology GAS (ONG)
from holding ONT (similar to how NEO GAS functions). ONT can be bought at Binance and Huobi.
One major goal of OnChain is to work with the Chinese government and businesses. By developing ONT while receiving their advice, the developers can make decisions on the product to make it immediately useful and acceptable in the real world. This is key. Developing a product first, then trying to get it in shape
for government and business, often results in failure. They did it the other way round. This is a major step
forward in NEO's vision of a smart economy. The interesting part is that ONT produces a passive income in
Ontology GAS (ONG), this could be a force that drives the price up and the very exerienced team and well
thought out concept makes this a very good investment mid-term.
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