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Ontology Overview
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About Ontology
What is Ontology (ONT)?
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.
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Ontology Market Data
The live Ontology price today is $0.05 USD with a 24-hour trading volume of $1,995,119.42 USD. We update our ONT to USD price in real-time. Ontology is down 0.24% in the last 24 hours.
The current market cap is $39,924,093.25 USD, ranking #371 by market capitalization. The circulating supply is 876,249,524 ONT.