Binance Lists Ontology (CRYPTO:ONT)
Hong Kong, Mar 9, 2018 AEST (ABN Newswire) - Cryptocurrency Exchange Binance.com (
CRYPTO:BNB) advise that ONT/BNB (CRYPTO:ONT), ONT/BTC and ONT/ETH trading pairs are now available on Binance for trading. You can start depositing and trading ONT now.
Ontology is a new generation public blockchain project and a distributed trust collaboration platform.
Ontology provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems.
Ontology blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. Ontology supports collaboration amongst chain networks with its various protocol groups.
Ontology will constantly provide common modules on the underlying infrastructure for different kinds of distributed senarios, such as those for the distributed digital identity framework, distributed data exchange protocol, and so on. Based on specific senario requirements, Ontology will continue to develop new common modules.
Ontology uses a dual token (ONT and ONG) model. At first, ONT is an NEP-5 token and does not release ONG. After the launch of Ontology's MainNet, users will be able to exchange NEP-5 ONT for ONT on the Ontology MainNet, which will start to release ONG periodically.
The circulating supply of 53.75% refers to all ONT without lock periods (ONT that can be transferred, but not necessary ONT that can be traded at the moment). For example, the community portion is unlocked ready for distribution in upcoming events.
Ontology has already begun many technical partnerships, and several enterprises plan to build applications on Ontology. We are also planning future community airdrops. In the future Ontology will publish periodical reports which will further introduce this, as well as ONT circulation, distribution, and lock periods.
Below is ONT's distribution proportions with the circulating supply in brackets:
- Ontology Community: 12% (12%)
- Institutional Partners: 28% (6%)
- NEO Council: 10% (10%)
- Ontology Ecosystem Development: 25% (12%)
- Ontology Technical Community Reward: 10% (10%)
- Ontology Core Team: 15% (3.75%)
Max Supply: 1,000,000,000 ONT
Circulating Supply: 537,500,000 ONT
Issue Price: $0.2000
To view Whitepaper, please visit:
http://abnnewswire.net/lnk/AQPWWY43
About Binance
Binance (CRYPTO:BNB) is a cryptocurrency exchange with a focus on the Chinese market and other Chinese coins. Currently, it supports English and Chinese users. The Binance token (BNB) was created during the ICO event to fund the development of the Binance exchange.
Binance is capable of processing 1.4 mil orders/second, has multi-language support and has all the major coins available – BTC, ETH, LTC, BNB etc. Trading fee is 0.1%.
Binance Mission: Commit to offer the professional, secure and transparent one-stop service to users in digital currency industry.
Binance Scale: Binance has over millions registered users from over 200 countries and regions.
Binance official website:
https://www.binance.com
About Ontology
Ontology (CRYPTO:ONT) (CRYPTO:ONG) is a new high-performance public blockchain project & a distributed trust collaboration platform.
Ontology provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems.
Ontology blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. Ontology supports collaboration amongst chain networks with its various protocol groups.
Ontology will constantly provide common modules on the underlying infrastructure for different kinds of distributed scenarios, such as those for the distributed digital identity framework, distributed data exchange protocol, and so on. Based on specific scenario requirements, Ontology will continue to develop new common modules.
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