Ontology is an open source blockchain specializing in digital identity and data for Web 3 purposes. Due to its low costs, high speed, and focus on privacy, transparency, and trust, this blockchain is suitable for companies with little experience in blockchain technology.
MoreOntology is layer-2 scalable and supports cross-chain interoperability. It operates with a dual token model, namely ONT and ONG, with the latter being mainly used for transactions within the network.
MoreDo you want to buy Ontology Gas (ONG)? You can do this at Coinmerce. Select the amount you want to buy, pay fast and easily with SEPA and receive your tokens shortly.
MoreYou want to buy Ontology Gas (ONG)? You can buy Ontology Gas using SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Here you’ll find all crypto coins that Coinmerce offers.You can use the search function to search for Ontology Gas and click on the name. You can indicate for what amount of euros you want to buy Ontology Gas in the right window. Below is shown how much Ontology Gas you get for this. Have you entered the correct amount? Then click on "Buy". Do you want to buy Ontology Gas with another crypto currency? Then you go to the cryptocurrency you’d like to pay with and click on "Swap" in the right window to indicate that you want to receive Ontology Gas.
In 2017, Ontology was founded by Li Jun with the goal of building an infrastructure that provides trusted and secure access to Web3, enabling both individual and institutional users to use it without worry. Ontology is described as a system of blockchains, as opposed to other platforms (like NEO) that operate as a single blockchain. Thanks to the Ethereum Virtual Machine (EVM), there is a seamless connection with the Ethereum blockchain, enhancing interoperability. Furthermore, there is the OWN Infrastructure (Ontology Web3 Network), which consists of multiple products and protocols based on blockchain, created by Ontology for Web3 applications. Ontology operates with a dual-token model, with the architecture supporting low costs, high scalability, and fast transactions. The ONT token serves for both storing and transferring value on the Ontology network. Fees and transactions on the Ontology network are paid with the ONG token, as well as setting up smart contracts. By staking ONT in exchange for ONG rewards, users can contribute to the security and stability of the network.