Question 1

What is Ontology (ONT)?

Accepted Answer

Ontology is a blockchain platform that aims to provide an infrastructure for the development of decentralized applications (dapps) and the integration of various digital systems. It uses a dual token model that consists of the ONT token and the ONG token. The ONT token is the main token used on the Ontology platform, while the ONG token is used to pay for transaction fees and network usage.

Ontology aims to provide a flexible and modular framework for the development of dapps and the integration of digital systems across different industries, such as finance, healthcare, and supply chain management. It uses a combination of smart contracts, identity solutions, and data exchange protocols to enable secure and efficient data sharing and collaboration.

Question 2

Who created Ontology (ONT)?

Accepted Answer

Ontology was created by a team of developers led by Jun Li, who is also the founder of Onchain, a blockchain development company that has been involved in several blockchain projects in China. The Ontology team includes individuals with backgrounds in blockchain technology, computer science, finance, and other related fields.

Question 3

What is Ontology (ONT) used for?

Accepted Answer

Ontology is primarily used as a blockchain platform for the development of decentralized applications (dapps) and the integration of various digital systems. The platform aims to enable secure and efficient data sharing and collaboration across different industries and use cases, such as supply chain management, healthcare, and finance.

The ONT token is used as the main token on the Ontology platform and can be used for a variety of purposes, such as staking, governance, and as a means of exchange for services and products offered within the Ontology ecosystem. The ONG token, on the other hand, is used to pay for transaction fees and network usage, similar to gas fees on the Ethereum network.

Overall, Ontology aims to provide a flexible and modular infrastructure for the development of dapps and the integration of digital systems, while using a dual token model to enable efficient network usage and incentivize network participation.

Previously a NEO-based token, the ONT has now launched his mainnet. It will serve as the utility token within the platform.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	ONT-USDT ONTUSDT	binance	AA	0.06039USDT	-0.46%	6,112,394.00ONT	6,164	0.06067USDT	0.06121USDT
2	ONT-USDT ONT-USDT	okex	A	0.06042USDT	-0.43%	2,982,429.60ONT	1,984	0.06068USDT	0.06125USDT
3	ONT-USDT ONT_USDT	gateio	A	0.06053USDT	-0.43%	2,535,320.00ONT	3,119	0.06079USDT	0.06126USDT
4	ONT-USDT ONT_USDT	whitebit	BB	0.06048USDT	-0.33%	2,149,330.84ONT	6,763	0.06068USDT	0.06126USDT
5	ONT-TRY ONTTRY	binance	AA	2.97TRY	-0.30%	647,672.00ONT	294	2.98TRY	3.00TRY
6	ONT-USDT ONTUSDT_SPBL	bitget	BB	0.06038USDT	-0.45%	644,367.00ONT	515	0.06065USDT	0.06117USDT
7	ONT-USDC ONTUSDC	binance	AA	0.06080USDC	0.28%	266,112.00ONT	330	0.06063USDC	0.06117USDC
8	ONT-USDC ONT_USDC	gateio	A	0.06054USDC	-0.07%	209,152.51ONT	231	0.06058USDC	0.06119USDC
9	ONT-USDT ONT-USDT	kucoin	BB	0.06074USDT	-0.15%	120,873.72ONT	188	0.06083USDT	0.06126USDT
10	ONT-TRY ONT-TRY	okex	A	2.91TRY	-0.03%	10,418.35ONT	7	2.91TRY	2.93TRY
11	ONT-USDC ONT-USDC	okex	A	0.05981USDC	-1.19%	5,097.90ONT	6	0.06053USDC	0.06078USDC
12	ONT-USD ONT_USD	cryptodotcom	AA	0.06011USD	-0.53%	5,085.00ONT	15	0.06043USD	0.06116USD
13	ONT-EUR ONT-EUR	okex	A	0.05386EUR	0.00%	0ONT	0	0.05386EUR	0.05386EUR
14	ONT-USDT ONTUSDT	cexio	BB	0.05955USDT	-1.97%	2,915.85ONT	3	0.06075USDT	0.06075USDT
15	ONT-USD ONTUSD	cexio	BB	0.05961USD	-2.85%	1,941.71ONT	3	0.06136USD	0.06136USD
16	ONT-EUR ONTEUR	cexio	BB	0.05284EUR	-1.82%	489.25ONT	1	0.05382EUR	0.05382EUR
17	ONT-USD ONT-USD	okex	A	0.05708USD	0.00%	0ONT	0	0.05708USD	0.05708USD
18	ONT-KRW KRW-ONT	upbit	B	81.60KRW	-0.85%	6,384,812.88ONT	1,430	82.30KRW	83.10KRW
19	ONT-USDT ONT_USDT	coinw	-	0.06040USDT	-0.49%	2,922,120.68ONT	1,652	0.06070USDT	0.06130USDT
20	ONT-USDT ONT_USDT	bydfi	-	0.06040USDT	-0.33%	1,346,119.00ONT	1,104	0.06060USDT	0.06120USDT
21	ONT-USDT ONT_USDT	bitunix	C	0.06042USDT	-0.38%	1,299,895.00ONT	6,308	0.06065USDT	0.06122USDT
22	ONT-USDT ONTUSDT	hitbtc	E	0.06045USDT	-0.38%	1,042,238.20ONT	1,060	0.06068USDT	0.06133USDT
23	ONT-USDT ONTUSDT	mexc	C	0.06041USDT	-0.46%	944,742.56ONT	3,082	0.06069USDT	0.06122USDT
24	ONT-USDT ONT-USDT	bigone	-	0.06010USDT	-0.99%	426,024.33ONT	2,538	0.06070USDT	0.06130USDT
25	ONT-USDT ontusdt	huobipro	C	0.06030USDT	-0.66%	422,108.40ONT	427	0.06070USDT	0.06150USDT
26	ONT-USDT ont_usdt	digifinex	D	0.06050USDT	-0.33%	347,951.00ONT	1,525	0.06070USDT	0.06110USDT
27	ONT-USDT ont_usdt	xtpub	-	0.06036USDT	-0.49%	305,400.00ONT	1,165	0.06066USDT	0.06121USDT
28	ONT-KRW ONT_KRW	bithumbkorea	-	81.99KRW	-0.29%	151,500.73ONT	149	82.23KRW	82.80KRW
29	ONT-EUR ONT-EUR	bitvavo	B	0.05310EUR	0.00%	0ONT	0	0.05310EUR	0.05310EUR
30	ONT-IDR ontidr	indodax	E	1,083.00IDR	-0.55%	27,396.40ONT	51	1,089.00IDR	1,100.00IDR
31	ONT-USDT ONTUSDT	binanceusa	B	0.06064USDT	-0.07%	24,308.00ONT	20	0.06068USDT	0.06092USDT
32	ONT-USDC ONTUSDC	hitbtc	E	0.05588USDC	0.00%	0ONT	0	0.05588USDC	0.05588USDC
33	ONT-INR ONTINR	bitbns	-	3.00INR	0.00%	0ONT	0	3.00INR	3.00INR
34	ONT-USDT ONTUSDT	coinex	C	0.05680USDT	0.00%	0ONT	0	0.05680USDT	0.05680USDT
35	ONT-BTC ONTBTC	coinex	C	0.0₆6813BTC	0.00%	0ONT	0	0.0₆6813BTC	0.0₆6813BTC
36	ONT-KRW ONT_KRW	coinone	C	80.85KRW	1.95%	64.16ONT	1	79.30KRW	80.85KRW
37	ONT-JPY ontjpy	huobijapan	E	8.95JPY	0.00%	0ONT	0	8.95JPY	8.95JPY
38	ONT-BTC ONTBTC	hitbtc	E	0.0₆6700BTC	0.00%	0ONT	0	0.0₆6700BTC	0.0₆6700BTC
39	ONT-USDT ONTUSDT	latoken	D	0.04960USDT	0.00%	0ONT	0	0.04960USDT	0.04960USDT
40	ONT-USDT ONTUSDT	bitbns	-	0.1774USDT	0.00%	0ONT	0	0.1774USDT	0.1774USDT