Everything about ONT (Ontology) cryptocurrency :
Ontology
Ontology is a next-gen network of public blockchains, and a distributed, trust-based collaboration platform with integrated support for ledger accounts and smart contracts.
1. Project introduction
Ontology is a next-gen network of public blockchains, and a distributed, trust-based collaboration platform with integrated support for ledger accounts and smart contracts. Ontology has architected a distributed trust system. It incorporates multiple trust types in an integrated protocol system with various blockchains and databases. Multisource identities and multi-source data exchange protocols have been implemented into the network, building a distributed trust system that is cross-chain, cross-industry, cross-system, cross-application, and cross-device. It aims to develop its trust ecosystem through partnerships to provide distributed services including distributed communities, data verification, data exchange, and credit across industries.
Ontology uses a dual token (ONT and ONG) model. ONT can be used for staking in consensus, whereas ONG is a utility token used for on-chain services. ONT releases ONG periodically.
2. Team introduction
Co-founder: Andy Ji
Linkedin: https://www.linkedin.com/in/andy-ji-55650398
Founder: Jun Li
Linkedin: https://www.linkedin.com/in/jun-li-58950069
3. Investment institution
8Decimal Capital, Block Ventures, Hashed, Huobi Capital, MC Capital, Ventures, Sequoia Capital, etc.
4. Application and distribution
Total supply: 1,000,000,000
Token application:
ONT serves as the primary means of both storage and transfer of value, also used for staking.
Token distribution:
Premined Rewards & Airdrops: 22%
Founders & Project: 78%
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