Top cryptocurrencies to exchange with Ontology
What Is Ontology (ONT) Token?
Ontology is a high-performance blockchain project that specializes on solving identity and data security issues. It helps people and businesses to safely manage, store, and exchange their sensitive data. The ONT network is powered by the ONT native token.
ONT used to be a NEP-5 token and ran on the NEO network. In 2018, the Ontology devs team launched a mainnet and now the platform works on its own blockchain. ONT is a governance token and serves two purposes: it enables ONT coin holders to vote for some network-related decisions and provides a passive income for those who decide to stake it.
The coin didn’t have an ICO; instead, the tokens were sold to private investors. Common users – mainly NEO holders – received ONT through airdrops.
