CryptoTradeSignals

ONTOLOGY: STARTUP ACCELERATOR $1.5 billion - PROFIT = 49.04% !!!

BINANCE:ONTBTC   Ontology / Bitcoin
Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of May 2018.

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 49.04% 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. Open sourcing will allow Ontology to further develop of its VBFT protocol and to increase interoperability with a number of different DAPPs and potentially with different blockchain protocols in the future.

May 1: Smart contract capabilities of Ontology are publicised in Neo News Today. SmartX are supported by the platform are NeoVM-based C# and Python, although Ontology have roadmap plans to include Java, Rust.

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 21: Ontology announces Pre-Release v0.8 of MainNet on Github.

This Includes details regarding: Native Contracts, New Version of VBFT Protocol, Fee Calculation, Network Optimisation and CLI .

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:

· ONT a cryptocurrency coin of main chain services.

· ONG a utility token of main chain operations.

May 29: Ontology establishes Strategic Partnership with COT ( IoT technology strategic partner.). Under Ontology’s strategy, Ontology and COT will co-build a platform combining Ontology’s chain network model and COT’s IoT and intelligent hardware.

June 1: Ontology Announces the Triones Node Incentive Model. This includes defined rewards for staking.

(NEW) June 1: Ontology opens up Triones Seed Node Applications.

(NEW) 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.

(NEW) June 5: Ontology and PTS Announce Strategic Partnership to Build a Blockchain-Based Credit Data Exchange and Financial Services to Empower Real Economy.

(NEW) June 6: Blockfolio adds support for Ontology.

(NEW) 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.

It is believed that a surge in volume is driven by Ontology's the developments listed above and broader recovery in the crypto markets.

***The "Crypto Bottom Signal" used in this analysis is included as part of the Crypto Trade Signals subscription.***
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