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About Ontology

Ontology is a cryptocurrency that describes itself as a “high-performance public multi-chain project and a distributed trust collaboration platform.” It’s designed to help businesses use blockchain technology by offering tools such as identity verification and data exchange.

Ontology is a high-performance, open-source blockchain that specializes in digital identity and data. It strives to provide trusted access to Web3, prioritizing user privacy and regulatory compliance. Ontology's infrastructure supports cross-chain collaboration and Layer 2 scalability, offering businesses the flexibility to design a blockchain that suits their needs.

Ontology operates on a high-speed, low-cost public blockchain. Ontology's Ethereum Virtual Machine (EVM) aims to provide compatibility with Ethereum, marking the first step in the creation of the Ontology Multi-Virtual Machine and further interoperability for the chain. Ontology also offers a suite of decentralized identity and data sharing protocols to enhance speed, security, and trust.

Ontology offers a variety of real-life use cases and allows businesses to build their own blockchain on top of the Ontology blockchain. This provides businesses and enterprises with more flexibility, enabling them to create customized blockchains to fit their specific needs. The Ontology chain is designed with interoperability in mind. The network currently supports three virtual machines (Ontology EVM, NeoVM, WasmVM), helping to break down barriers to development and provide a familiar environment for those wanting to build with Ontology. This is the baseline infrastructure to enable easy, cross-chain building for Web3.

Ontology was established by Li Jun in November 27th, 2017. As a philosopher with a technical background, Li Jun named the project Ontology, referring to the basic infrastructure of things, which matches their vision of building a decentralized and credit-based infrastructure. At its launch, Ontology chose to forego the popular initial coin offering (ICO) model in favor of a series of community distributions and airdrops of its ONT cryptocurrency. This contributed to the establishment of both organic price discovery and a community and aimed to help the project avoid regulatory scrutiny. Ontology launched its own MainNet on June 30, 2018 and has been up and running smoothly since.

Market

Singapore Market Stats

Market cap

S$459.8M

Volume (24h)

S$155.5M

Circulating supply

875.2M ONT

All time high

S$15.22

Price change (1h)

+0.5%

Price change (24h)

-3.51%

Price change (7d)

-20.6%

Singapore News about Ontology

The Block • Apr 30, 24

Hong Kong’s spot bitcoin, ether ETFs see over $6.3 million in half-day volume upon debut

The trading volume of the newly listed spot bitcoin and ether ETFs in Hong Kong amounted to over $6.3 million during the morning session today.

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News Article Image

BeInCrypto • Apr 30, 24

Spot Bitcoin and Ethereum ETFs Debut in Hong Kong: Will It Outpace Its US Counterpart?

Hong Kong officially launches spot Bitcoin and Ethereum ETFs, available in multiple currencies on the HKEX.The post Spot Bitcoin and Ethereum ETFs Debut in Hong Kong: Will It Outpace Its US Counterpart? appeared first on BeInCrypto.

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The Block • Apr 30, 24

Hong Kong officially debuts Asia’s first spot bitcoin, ether ETFs

Six spot bitcoin and ether ETFs — managed by ChinaAMC, Harvest Global, Bosera and HashKey — officially debuted in Hong Kong today

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Bitcoin Magazine • Apr 30, 24

Spot Bitcoin ETFs Commence Trading in Hong Kong

Almost five months after the US approves spot Bitcoin ETFs for trading, Asia follows.

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The Block • Apr 29, 24

MicroStrategy buys 122 BTC in April to bring total holdings to 214,400 BTC

Michael Saylor's MicroStrategy purchased $7.8 million worth of BTC in April, bringing its total holdings to 214,400 BTC.

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News Article Image

CoinDesk • Apr 29, 24

Bitcoin Wavers Around $63K, Awaiting Hong Kong Spot Crypto ETF Debut

Despite muted anticipation for the new products, an executive of one of the issuers reportedly expects that the first-day issuance of the Hong Kong offerings will exceed the U.S. debut in January.

Read more

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Ontology is on the decline this week.

The price of Ontology has increased by 0.50% in the last hour and decreased by 3.51% in the past 24 hours. Ontology’s price has also fallen by 20.60% in the past week. The current price is S$0.53 per ONT with a 24-hour trading volume of S$155.52M. Currently, Ontology is valued at 96.53% below its all time high of S$15.22. This all-time high was the highest price paid for Ontology since its launch.

The current circulating supply of Ontology is 875,249,524 ONT which means that Ontology has as total market cap of 875,249,524.

FAQ

What is the current price of Ontology?

We update our Ontology to SGD currency in real-time. Get the live price of Ontology on Coinbase.

What is the market cap of Ontology?

The current market cap of Ontology is S$459.81M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Ontology?

The all-time high of Ontology is S$15.22. This all-time high is highest price paid for Ontology since it was launched.

What is the 24 hour trading volume of Ontology?

Over the last 24 hours, the trading volume of Ontology is S$155.52M.

What other assets are similar to Ontology?

Assets that have a similar market cap to Ontology include Cartesi, Coin98, Alephium, and many others. To see a full list, see our comparable market cap assets.

How many Ontology are there?

The current circulating supply of Ontology is 875 million.

Can I buy Ontology on Coinbase?

No, Ontology is not currently available on Coinbase, but you can sign up to get the latest news on Ontology and be notified when it gets added to our exchange.