Since the Ontology MainNet went live on June 30th, 2018, MainNet ONT has started to release ONG periodically.
Ontology uses a dual token (ONT and ONG) model. ONT is the coin and can be used for staking in consensus, whereas ONG is the utility token used for on-chain services.
Ontology 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.
Where is Ontology Gas available for purchase?
You can exchange ONG tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Ontology Gas is Binance, notably the ONG/USDT pair, which saw a trading volume of $ 910,350 in the past day. Additionally, Upbit and BitMart are popular alternatives for trading tokens.
What is the highest value Ontology Gas (ONG) has ever reached?
Ontology Gas (ONG) reached its peak price at 4.39 $ on 28 September 2018, approximately 7 years ago ago. Presently, the current price is -96.14% lower than this all-time high.
What is the historical minimum price for Ontology Gas (ONG)?
The minimum price reached for Ontology Gas (ONG) was 0.04242 $, documented on 13 March 2020, more than 5 years ago. In comparison, the current price is 299.39%, it above this historical low.
What is the fully diluted valuation of Ontology Gas (ONG)?
The fully diluted valuation (FDV) of Ontology Gas (ONG) stands at $ 182,53 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 1,000,000,000 ONG tokens. The realization of this FDV might take several years depending on the emission schedule of ONG tokens.