❇️(coinmarketcap dara:
Rank #82 , kind:Coin , On 71,159 watchlists
Market Cap:$966,523,705 , Fully Diluted Market Cap: $1,196,339,458 , Volume 24h: $552,955,200
Circulating Supply: 807,932,992 ONT (81%) , Max Supply : 1,000,000,000
-At its launch, 15% of ONT tokens were allocated to its core team, 10% to the NEO council, 28% to institutional partners, 10% to its technical community and 25% to the development of its ecosystem. )
What Is 🌟Ontology 🌟 ?
Ontology is a high-performing, open-source blockchain that specializes in decentralized identity and data.
Ontology was established by Li Jun. It received technical support from a few members of Onchain's developer team during the platform's early development. However, don't get me wrong, these platforms are working as completely separate projects that have different goals. the team behind Ontology wanted to make it a really, really simple process, making it perfect for businesses that have no knowledge of blockchain technology.
❇️How Can Ontology Be Used?
To better understand its use, I want to give a simple example in the real world. Suppose you have a history of surgery and the records are kept by your local doctor.
Every time you have an appointment, the doctor will make notes about your illness and recommendations (such as prescribed medication and also contain information such as any allergies you have and any regular medication that you take).
But what happens if you go to a doctor in a different city, hospital, or local pharmacy?
These individual centers might not have access to your records without requesting permission from your doctor first. Why? Well, there are two main reasons. bcs Data protection laws do not allow your private information to be shared with anyone. Secondly, each individual organization will have its own centralized systems, which makes it difficult to share information anyway.
However, this is where the Ontology project can solve these issues.
your medical records could be placed on the Ontology network, which then connects them to other blockchain systems. Even though all of the organizations within the supply chain can be connected to the same blockchain, each of them can decide what information to share.
This is completely different from other blockchains such as Ethereum, as not only is information posted to the public ledger for all to see, but their blockchain is also open-sourced. Ultimately, this wouldn’t be ideal for businesses that need to keep certain information private. This is what Ontology was created for.
✅Advantages:
👉1-Simple entry for businesses: Ontology will be ideal for businesses of all sizes as no prior knowledge of 2-blockchain technology is required.
👉2-Great team: Ontology has a team of professionals that are working toward the same goal.
👉3-Limitless potential: The number of industry sectors that would benefit from the Ontology coin is endless.
👉4-Unique consensus: The VBFT
BTCUSDT
consensus model used by Ontology is unique, combining both speed and safety. Transactions in the thousands per second are hoped to be possible.
👉5-A bridge between real and virtual: The Ontology blockchain will allow the digital economy to connect with the real-world economy, across multiple blockchains.
❌Disadvantages:
Strict country of origin: Ontology operates in one of the strictest nations for crypto regulation – China.
refrences: coinmarketcap - bitdegree.org- ont.io
-------------------------------------------------------------------------------------------------------------------
✅TECHNICAL ANALYSIS
As you can see in the weekly time frame chart for ONT/USDT, the price is trading at around $ 1.13 .
ont has been able to build a strong floor as a support in the green areas , which is expected to jump from these areas.
Although it has a resistance range of about $ 2-2.4, if it succeeds in passing and stabilizing the price in this area, It is easier to continue the ascent and reach the set goals.
also EMAs 13 and 21 have crossed ema50, which is marked with red, green, blue color respectively, which are mounted on top of each other. It can be a signal of an ascending rally.
(Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, Because this crazy market also depends on the odds and there is no certainty.)
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
👍plz hit that damn like button if you like it
Rank #82 , kind:Coin , On 71,159 watchlists
Market Cap:$966,523,705 , Fully Diluted Market Cap: $1,196,339,458 , Volume 24h: $552,955,200
Circulating Supply: 807,932,992 ONT (81%) , Max Supply : 1,000,000,000
-At its launch, 15% of ONT tokens were allocated to its core team, 10% to the NEO council, 28% to institutional partners, 10% to its technical community and 25% to the development of its ecosystem. )
What Is 🌟Ontology 🌟 ?
Ontology is a high-performing, open-source blockchain that specializes in decentralized identity and data.
Ontology was established by Li Jun. It received technical support from a few members of Onchain's developer team during the platform's early development. However, don't get me wrong, these platforms are working as completely separate projects that have different goals. the team behind Ontology wanted to make it a really, really simple process, making it perfect for businesses that have no knowledge of blockchain technology.
❇️How Can Ontology Be Used?
To better understand its use, I want to give a simple example in the real world. Suppose you have a history of surgery and the records are kept by your local doctor.
Every time you have an appointment, the doctor will make notes about your illness and recommendations (such as prescribed medication and also contain information such as any allergies you have and any regular medication that you take).
But what happens if you go to a doctor in a different city, hospital, or local pharmacy?
These individual centers might not have access to your records without requesting permission from your doctor first. Why? Well, there are two main reasons. bcs Data protection laws do not allow your private information to be shared with anyone. Secondly, each individual organization will have its own centralized systems, which makes it difficult to share information anyway.
However, this is where the Ontology project can solve these issues.
your medical records could be placed on the Ontology network, which then connects them to other blockchain systems. Even though all of the organizations within the supply chain can be connected to the same blockchain, each of them can decide what information to share.
This is completely different from other blockchains such as Ethereum, as not only is information posted to the public ledger for all to see, but their blockchain is also open-sourced. Ultimately, this wouldn’t be ideal for businesses that need to keep certain information private. This is what Ontology was created for.
✅Advantages:
👉1-Simple entry for businesses: Ontology will be ideal for businesses of all sizes as no prior knowledge of 2-blockchain technology is required.
👉2-Great team: Ontology has a team of professionals that are working toward the same goal.
👉3-Limitless potential: The number of industry sectors that would benefit from the Ontology coin is endless.
👉4-Unique consensus: The VBFT
BTCUSDT
consensus model used by Ontology is unique, combining both speed and safety. Transactions in the thousands per second are hoped to be possible. 👉5-A bridge between real and virtual: The Ontology blockchain will allow the digital economy to connect with the real-world economy, across multiple blockchains.
❌Disadvantages:
Strict country of origin: Ontology operates in one of the strictest nations for crypto regulation – China.
refrences: coinmarketcap - bitdegree.org- ont.io
-------------------------------------------------------------------------------------------------------------------
✅TECHNICAL ANALYSIS
As you can see in the weekly time frame chart for ONT/USDT, the price is trading at around $ 1.13 .
ont has been able to build a strong floor as a support in the green areas , which is expected to jump from these areas.
Although it has a resistance range of about $ 2-2.4, if it succeeds in passing and stabilizing the price in this area, It is easier to continue the ascent and reach the set goals.
also EMAs 13 and 21 have crossed ema50, which is marked with red, green, blue color respectively, which are mounted on top of each other. It can be a signal of an ascending rally.
(Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, Because this crazy market also depends on the odds and there is no certainty.)
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
👍plz hit that damn like button if you like it
