Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 14.16% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 27: Official publicised Launch of Smart X. This enables users to program, debug and deploy smart contracts on testnet. It supports NativeVM, NeoVM and WASM smart contracts in C# and python. There are plans to add further programming languages in the near future.
April 28: Ontology open sources it's VBFT protocol which offers massive advances over PoW and BFT protocols.
May 3: Ontology announces a strategic partnership with NAGA with the intention to bring the Ontology infrastructure to the massive financial technology markets.
May 11: Security Giants Baimaohui and SlowMist Join the Ontology Co-Builders Program. This aims to provide security audit services, support the development of public chains, and promote safe, secure, and reliable blockchain infrastructure.
May 14: The Ontology Foundation and the NEO Foundation signed a memorandum of understanding on May 14th, 2018, concerning strategy and technology integration.
May 24: Following the signing of the MoU, the Ontology Foundation and NEO Foundation have announced to co-fund a Joint Task Force with a total capital contribution of 4 million CNY .
May 25: Ontology Announces the Economic Model Design of the Triones Consensus System. Based on the Triones Consensus System, the Ontology team uses: 1. ONT a cryptocurrency coin of main chain services & ONG a utility token of main chain operations.
May 29: Ontology establishes Strategic Partnership with ( IoT technology strategic partner.). Under Ontology’s strategy, Ontology and will co-build a platform combining Ontology’s chain network model and COT’s IoT and intelligent hardware.
June 4: Ontology Launches Ecosystem Accelerator Program (Ontology Olympus Accelerator). The Ontology Foundation will invest approximately 1.5 billion USD worth of tokens, all of which will be used to support the future development of existing startups.
June 5: Ontology and PTS Announce Strategic Partnership to Build a Blockchain-Based Credit Data Exchange and Financial Services to Empower Real Economy.
June 6: Ontology announces the first batch of the Ontology Advisors Group (OAG). The advisors will provide a full range of strategic and industry consultancy for the Ontology ecosystem.
(NEW) June 10: Ontology announces token swap in conjunction with mainnet launch.
(NEW) June 12: Ontology Enters the Automobile Industry with CarBlock Partnership. CarBlock will build a transport data platform based on blockchain technology and vehicle network intelligent hardware. The platform will combine Ontology’s chain network model with CarBlock’s intelligent hardware and IoT solutions to efficiently and fairly circulate vehicle data within the ecosystem. CarBlock will use data to tap into the one trillion US dollar automobile market and create a brand new smart transport ecosystem.
(NEW) June 14: Ontology successfully switched to VBFT on Tuesday. Performance tests are showing tps of more than 5,000 without parallel processing, sharding, or FPGA .
(NEW) June 19: Ontology and Contentos to Collaborate on Public Blockchain Solutions for Content Both parties will work on building a new global decentralized digital content ecosystem, combining distributed infrastructure with video applications and people.
It is believed that a surge in is driven by Ontology's the developments listed above and broader recovery in the crypto markets.
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