Ontology Gas (ONG) Tausch

What is Ontology Gas?

Ontology is an open-source blockchain that focuses on digital identity and data integrity. It offers automated solutions, data marketplace analysis, data attestation, and some digital finance options. The goal of the Ontology team is about “redefining trust through innovative technology”.

With Ontology products, one can create a decentralized ID, manage their digital identity, own and share the data that is being produced on the internet. Ontology also allows data buyers to access verifiable information securely.

ONG, or Ontology Gas, is a token that fuels transactions within the Ontology network and gives its owners the very right to use it. It’s also possible to get ONG as a reward for staking ONT, the other token of this platform. ONG’s current price is about $0.13, and its all-time high of $4.59 has been observed in 2018.