Ontology – Rating, ONT Current Price, Marketcap

Current Rating 30
Symbol ONT
Price change, 1 hour -0.16%
Price change, 24 hours 2.02%
Price change, 7 days 2.63%
Current price, USD 0.49
Market capitalization, USD: 338 980 171
Available supply, ONT: 694 246 573
Volume 24 hours, USD: 80 192 950

Ontology (ONT) is a project created by the Chinese company Onchain. It is a platform for creating blockchain systems for the needs of any organization. Ideally, everyone can interact with the system. The main idea of the project is to combine blockchain technology with the real economy. The Ontology cryptosystem can be used in many fields of activity, such as education, medicine, logistics and so on. The main task of the developers was to introduce the blockchain into various existing organizations and enterprises, which will subsequently interact with each other within the same ecosystem.

Ontology is a high-performance public blockchain project & a distributed trust collaboration platform. Ontology provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems.

Ontology was one of the most talked about cryptocurrencies of the past year. In just first three months of its existence on the cryptomarket, Ontology managed to enter the world's TOP20 cryptos and acquire fans throughout the world. The developers released the official OWallet crypto wallet for ONT tokens, and the best way to safely store this asset is to use the Neon wallet, which supports any cryptocurrency created on the basis of the NEO platform. Unlike most new cryptocurrencies, Ontology did not even have an ICO. Developers generally abandoned pre-sales and crowdsale. Instead, they organized Airdrop, during which they distributed coins to NEO holders in the ratio 1NEO = 2ONT. A total of 20 million ONT tokens were distributed, and the total issue should be 1 billion coins.

Ontology blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. Ontology supports collaboration amongst chain networks with its various protocol groups.

Experts attribute the sharp growth of Ontology to the appearance of ONT coins on top crypto exchanges. In addition, a kinship with NEO had a positive effect on the token's reputation. Experienced traders can observe bullish and bearish trends for ONT on the market charts which means that during periods of maximum volatility, the market was controlled by large players who changed the value of Ontology by buying or selling coins.

Ontology will constantly provide common modules on the underlying infrastructure for different kinds of distributed scenarios, such as those for the distributed digital identity framework, distributed data exchange protocol, and so on. Based on specific scenario requirements, Ontology will continue to develop new common modules.

FxPro
20 May, 2020   FxProStruck in sideway or breaking down-trend?

Bitcoin has been forming a sideways price trend of around $9,700 over the last three days. This can be considered bad news for the first cryptocurrency, as for the...

FxPro
19 May, 2020   FxProBitcoin: fighting to break the global downtrend

Bitcoin starts the week on a positive note, adding 3% in the last 24 hours and changes hands for $9,800. At the moment, the most crucial struggle for the first...

FIBO Group
18 May, 2020   FIBO GroupBitcoin needs to break $10000 mark

Bitcoin's latest run towards the $10,000 mark will be watched closely by the market to see it it is finally able to break this key resistance level, something...

FxPro
14 May, 2020   FxProBitcoin defies gravity

Bitcoin defies gravity, adding 7% in the last 24 hours to $9,500 at 09:00 GMT. Along with the price, the trading volume increased by 12%, which...

FxPro
13 May, 2020   FxProBitcoin lost its driver

Bitcoin adds 2% in the last 24 hours to $8,900. Bulls tend to cling to $9,000, but the current growth comes with a 28% decline in trading volumes over the past 24 hours...

Grand Capital
11 May, 2020   Grand CapitalBitcoin halving: what to expect? Will it drop the price?

On May 12th, mining the original cryptocurrency - bitcoin - will become twice less profitable. The previous two instances of halving led to a high volatility...


FIBO Group
7 May, 2020   FIBO GroupHalving: Huge prediction for Bitcoin

Bitcoin has continued on its mega rally in today's trading session, comfortably passing through the $9000 mark which continues the remarkable recovery of the worlds favourite...

Libertex
1 May, 2020   LibertexBitcoin & co., what are they ultimately for?

I am often asked if I have a favourable or unfavourable opinion regarding the world of cryptocurrencies. I answer them with a question: Do you know what Bitcoin is for?...

FxPro
1 May, 2020   FxProBitcoin grows, knocking down obstacles one by one

Coronavirus has receded a little, clearing the room for other news events, among which is halving in the Bitcoin network. There are only 12 days left until...