Ontology
ATH / ATL
24h Price
24h summary
Over the last 24 hours, Ontology moved from $0.04023 to $0.03986. The session high was $0.04059, the low was $0.03935, and the intraday range was $0.00124 / 3.1%.
- 24h open
- $0.04023
- 24h close
- $0.03986
- 24h high
- $0.04059
- 24h low
- $0.03935
- Volatility / range
- $0.00124 / 3.1%
- Updated
Monthly Returns heatmap
Heatmap summary
Ontology posted 36 positive months out of 98. The longest positive streak lasted 5 months, while the longest negative streak lasted 8 months.
- Strongest month
- Mar 2021 +104.7%
- Weakest month
- Nov 2018 -52.8%
- Longest positive streak
- 5 Apr 2020 — Aug 2020
- Longest negative streak
- 8 Jun 2018 — Jan 2019
- Luckiest calendar month
- Mar • avg 27.1% • 8 mo.
- Unluckiest calendar month
- Jun • avg -17.4% • 9 mo.
Networks
Supported exchanges
About the coin
Ontology (ONT) is a blockchain platform designed for enterprise applications and decentralized identity solutions. It aims to bridge the gap between traditional businesses and blockchain technology, offering a robust framework for building and deploying decentralized applications (dApps).
The Ontology network is built with a focus on interoperability and scalability, enabling businesses to leverage blockchain for various use cases, including supply chain management, digital identity verification, and data security.
At its core, Ontology utilizes a unique dual-token model. The primary utility token is ONT, which is used for governance, staking, and as a medium of exchange within the Ontology ecosystem. Another token, ONG (Ontology Gas), is generated by ONT holders and is used to pay for transaction fees and smart contract executions.
The platform supports smart contracts and provides a set of tools and services to facilitate their development and deployment. This includes features for identity management, data privacy, and secure data sharing, making it attractive for enterprises that handle sensitive information.
Ontology's architecture is designed to be flexible and customizable, allowing businesses to tailor the blockchain to their specific needs. It emphasizes compliance with regulatory requirements, which is a crucial aspect for mainstream enterprise adoption.
The project has a strong focus on decentralized identity, aiming to create a secure and verifiable digital identity system for individuals and organizations. This system allows users to control their own data and share it selectively and securely.
Ontology supports multiple consensus mechanisms, including Proof of Stake (PoS) and Byzantine Fault Tolerance (BFT), to ensure network security and efficiency.
The network is designed to be interoperable with other blockchains, facilitating the transfer of assets and data across different distributed ledger technologies.
Ontology's approach to enterprise blockchain involves a combination of public and private blockchain features, offering a hybrid model that can cater to different business requirements.
The platform's commitment to developing practical, real-world applications has led to partnerships with various companies and organizations looking to integrate blockchain solutions into their operations.
Key features of the Ontology platform include:
- Decentralized Identity (DID) solutions
- Smart contract support
- Data privacy and security tools
- Interoperability with other blockchains
- A dual-token economy (ONT and ONG)
- Enterprise-focused framework
Ontology's native chain is called Ontology. Additionally, ONT tokens are available on other networks, including BNB Smart Chain as a BEP-20 token, and as a native asset on Neo Legacy.
The contract address for ONT on the Ontology chain is "0100000000000000000000000000000000000000". On BNB Smart Chain, the contract address is "0xfd7b3a77848f1c2d67e05e54d78d174a0c850335". The native asset on Neo Legacy has 8 decimals.
The Ontology project continues to evolve, focusing on expanding its ecosystem and fostering the adoption of its blockchain solutions by businesses worldwide.
Trust & methodology
Last updated:
Data source: Price and volume snapshots are sourced from Binance using the ONTUSDT market feed.
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