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About Ontology
Disclosures
Ontology risk
This material is for informational purposes only and is not exhaustive of all risks associated with trading Ontology. All crypto assets are risky, there are general risks in investing in Ontology. These include volatility risk, liquidity risk, demand risk, forking risk, cryptography risk, regulatory risk, concentration risk & cyber security risk. This is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold crypto assets; or (iii) financial, accounting, legal or tax advice. Profits may be subject to capital gains tax. You should carefully consider whether trading or holding crypto assets is suitable for you in light of your financial situation. Please review the Risk Summary for additional information.
Investment Risk
The performance of most crypto assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto assets.
Lack of Protections
Crypto assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto asset investments.
Liquidity Risk
There is no guarantee that investments in crypto assets can be easily sold at any given time.
Complexity
Investments in crypto assets can be complex, making it difficult to understand the risks associated with the investment. You should do your own research before investing. If something sounds too good to be true, it probably is.
Concentration Risk
Don't put all your eggs in one basket. Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on anyone to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments.
Five questions to ask yourself
- Am I comfortable with the level of risk? Can I afford to lose my money?
- Do I understand the investment and could I get my money out easily?
- Are my investments regulated?
- Am I protected if the investment provider or my adviser goes out of business?
- Should I get financial advice?
Ontology’s price performance
Ontology on socials
Guides
Ontology FAQ
Ontology (ONT) is a decentralized blockchain platform that provides a framework for trust, identity, and data exchange. It aims to create an interoperable ecosystem where different blockchain networks can connect and collaborate.
ONT tokens offer several benefits within the Ontology ecosystem. They can be used to pay transaction fees, deploy smart contracts, and access a wide range of services. Additionally, ONT token holders can participate in network governance, vote on proposals, and contribute to decision-making. By staking their tokens, ONT holders can also earn passive income.
Easily buy ONT tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include ONT/USDT.
You can also buy ONT with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), are also available.
Additionally, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for ONT with zero fees and no price slippage by using OKX Convert.
To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into ONT, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.
Dive deeper into Ontology
Ontology (ONT) is an innovative blockchain project aiming to transform identity and data management and sharing. With its unique approach to blockchain technology and a dedicated team, Ontology has gained significant traction among traders and enthusiasts, positioning itself as a promising player in the blockchain industry.
What is Ontology
Ontology is a decentralized blockchain platform that aims to provide a robust infrastructure for trust, identity, and data exchange. Its main objective is to facilitate business adoption of blockchain technology by providing services such as data exchange and identity verification in a cost-effective, high-speed, and decentralized manner.
The platform achieves this by leveraging smart contracts and ledger accounts, enhancing transparency, trust, and privacy for its users. Ontology effectively powers its network through a dual token system, comprising ONT and Ontology Gas (ONG) tokens.
The Ontology team
The Ontology team is led by accomplished leaders, including Chief Strategy Officer Andy Ji and founder Jun Li, who have demonstrated their expertise and achieved notable success in the blockchain industry.
Jun Li brings a wealth of experience, having spent 16 years working in the IT and fintech sectors. His background as a senior blockchain architect and blockchain solutions professional positions him as a valuable asset to the Ontology project, contributing to its strategic direction and advancements.
Andy Ji is also an experienced blockchain technology leader, with significant leadership roles in various organizations and alliances, including Top 500 Blockchain groups, Wanda Technology Group, Hyperledger, and the China Blockchain Ecosystem Alliance (CBEA).
How does Ontology work
Ontology employs a unique architecture that combines diverse technologies, creating a robust and efficient blockchain ecosystem. The platform's support for multiple blockchains and protocols enables smooth interoperability between various systems. For instance, by utilizing its Ethereum Virtual Machine (EVM), Ontology ensures compatibility with Ethereum-based assets, promoting connectivity with other blockchain networks for data exchange and collaboration. This decentralized infrastructure allows easy integration into third-party systems.
ONT ID stands out as Ontology's key feature, serving as an identity verification protocol harnessing blockchain technology. Additionally, Ontology offers its own ONT Wallets, providing users with a flexible digital wallet for storing cryptocurrencies and NFTs.
Ontology’s native token: ONT
ONT is the native token of the Ontology network. ONT holders can participate in the network's governance by voting on proposals and contributing to decision-making processes. Additionally, ONT tokens are used to pay for transaction fees, deploy smart contracts, and access a wide range of services offered within the Ontology ecosystem.
ONT tokenomics
The total supply of ONT tokens is capped at 1 billion, with no further issuance planned in the future. The distribution of tokens is strategically allocated to various stakeholders, including the Ontology team, institutional investors, and community members. This balanced distribution not only encourages decentralization but also promotes active community engagement and participation within the Ontology ecosystem.
ONT use cases
ONT's main use case is to transfer and store value on the Ontology network. Holders can also vote on proposed upgrades, changes and other major project decisions. Furthermore, through the exchange of ONG rewards, holders can stake ONT to help secure the network.
ONT token distribution
The distribution of ONT tokens is as follows:
- 28 percent: Co-builders (institutional partners)
- 25 percent: Ontology ecosystem development
- 15 percent: Ontology core team
- 12 percent: Ontology community
- 10 percent: NEO council
- 10 percent: Ontology technical community reward
The future of Ontology
Ontology's commitment to interoperability, trust, and data management positions it as a powerful force in the blockchain industry. With its innovative solutions, Ontology has the potential to bring about transformative changes across various sectors. From enabling secure and efficient data exchange to revolutionizing identity verification and fostering innovative business models, Ontology is poised to redefine the way we interact with digital assets and information.
Disclaimer
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