Ontology (ONT) will be a Public Platform for Building a Decentralized Trust Ecosystem. Ontology (ONT) is built off the NEO platform.
Ontology (ONT) is a blockchain/distributed ledger network which combines distributed identity verification, data exchange, data collaboration, procedure protocols, communities, attestation, and various industry-specific modules.
Together this builds the infrastructure for a peer-to-peer trust network which is cross-chain, cross-system, cross-industry, cross-application, and cross-device.
Ontology incorporates multiple trust types into an integrated protocol system. From this partners build decentralized trust systems suited to them.
Ontology (ONT) did not have a public ICO, however NEO passed out 500 tokens to each person who went to NEO DevCon. Also based on a snapshot roughly on the 1st of March, 2018 as stated by the NEO Newletter Blog.
"To support a joint ecosystem, Ontology project is handing over an amount of ONT tokens to be managed by NEO Council. NEO Council, in turn, hereby announce that it is decided to airdrop ONT tokens to the NEO community as follows:
The airdropped tokens are part of a donation from Ontology team to the NEO Council. As a gift to the community, this airdrop will consist of 20 million ONT.
Airdrop ratio: Each NEO will get 0.2 ONT (50% of which are freely tradable and the other 50% are automatically locked).
The snapshot of NEO addresses will be done at block height 1974823, which is estimated to be at March 1st, 2018, around 5:00 am (Pacific Time).
Delivery of the first ONT tokens will be completed in the weeks following March 1 (0.1 ONT per NEO). The other locked half (0.1 ONT per NEO) will be using the same snapshot, but will instead be airdropped on the Ontology MainNet. Ontology MainNet is expected to be released in Q2, 2018, specific date depends on how the Ontology TestNet is operating. Further details will be released."
Overall it seems that any project related to NEO will be a wealth builder for all investors in one form or another.
Ontology Website https://ont.io
NEO Newsletter https://neo.org/blog/details/3061
Let me know what you think about Ontology (ONT), will it work? What do you think?
