In March 2018, ONT tokens were airdropped to NEO holders, in which 20 million ONT tokens were distributed to the crypto community by the NEO council. Ontology network also awarded 1000 ONT tokens to people who signed up for their newsletter.
With a maximum supply of 1 billion tokens, Ontology GAS will be given to investors on holding ONT, just like NEO GAS. Now, the only way to get ONT tokens is to have NEO coins in your private wallets. For every NEO coin, you get 0.2 ONT in two phases (50% are locked and 50% are tradable.
Currently, the ONT price in India is ₹88.47 and its market cap is ₹21,412,712,601.09.
ONT Price in March 2018
ONT kicked-off the trade in the crypto market on 8th March, 2018 with a starting price of ₹170.38 and a trading volume of ₹9,783,084,980.00. The crypto market showed constant fluctuation in the month of March and the price stabilized at ₹97.57 on 21st March, 2018 at market cap of ₹21,677,986,480.00.
About Ontology Network
Launched in 2017 by the Chinese company, Onchain, Ontology Network is a platform for different types of projects. This public platform claims to be a major step towards removing barriers between the business sector and the blockchain technology.
This distributed ledger combines distributed data exchange, identity system and data collaboration along with various industry specific modules. It builds a strong infrastructure for a peer-to-peer trust network. Ontology and NEO are a perfect collaboration of technology that is dedicated towards digitizing the world.
Blessing for Businesses & Entrepreneurs
Ontology has created tools that facilitates entrepreneurs to implement trust mechanism and customize them as per their business needs. The blockchain protocol of Ontology Network opens door for the global adoption of blockchain infrastructure in the business sector. It offers mass customization and this is a strong feature of this platform.