What Is Ontology ($ONT)?
Ontology is a project designed to bring trust, privacy, and security to Web3 through decentralized identity and data solutions. It is building the infrastructure to provide trusted access to Web3, allowing individuals and enterprises to rest assured that through regulatory compliant digital identity solutions, users and their privacy come first.
The Ontology blockchain is a high speed, low cost public blockchain. It is designed to bring decentralized identity and data solutions to Web3, with the goal of increasing privacy, transparency, and trust. To achieve this, users and enterprises are provided with the flexibility to build blockchain-based solutions that suit their needs, while also ensuring regulatory compliance. Through Ontology’s Ethereum Virtual Machine (EVM), Ontology ensures frictionless compatibility with Ethereum, the first step in the creation of the Ontology Multi-Virtual Machine and further interoperability for the chain.
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 helped to quickly establish both organic price discovery and a passionate community and helped the project to avoid subsequent regulatory scrutiny.
For example, for a brief period any person who signed up for the Ontology newsletter received an airdrop of free 1,000 ONT, which reached a value of $10 per token soon after the token became listed on major exchanges like Binance.
Ontology launched its own MainNet on June 30, 2018 and has been up and running smoothly since.
Who Are the Founders of Ontology?
Established by Li Jun in November 27th, 20217, Ontology is building the infrastructure to provide trusted access to Web3, allowing individuals and enterprises to rest assured that through regulatory compliant digital identity solutions, users and their privacy come first.
As a philosopher with a technical background, Li Jun named the project Ontology, 1) in philosophical terms, “Ontology is the branch of philosophy that studies concepts such as existence, being, becoming, and reality.” 2) In the Semantic Web, there is a very basic protocol called Ontology. Across the technology and philosophical field, Ontology refers to the basic infrastructure of things, which matches our vision of building a decentralized and credit-based infrastructure.
Ontology Price Prediction
If you’re looking for Ontology price predictions for 2022, 2023, 2024, 2025, 2030 and want to know where the prices of Ontology (ONT) will go in the future? We will analyze the past prices of Ontology (ONT) and will found out what experts are saying about its future price actions.
Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts.
Not to mention predicting something so perfect is completely impossible. But we will try our best. Let’s start.
|Year||Minimum Price||Average Price||Maximum Price|
|USD Price||$ 0.50|
|24h Volume||$ 29,789,949|
Ontology (ONT) Price Prediction
At reconshell.com we predict future Ontology price predictions/ONT forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of Ontology. We do our best to collect maximum historical data for the ONT coin which include multiple parameters like past price, Ontology marketcap, Ontology volume and few more. If you are looking to invest in digital cryptocurrencies and want good return on your investments, make sure to read our predictions.
Ontology Price Prediction 2022
According to our deep technical analysis on past price data of ONT, In 2022 the price of Ontology is predicted to reach at a minimum level of $0.70. The ONT price can reach a maximum level of $0.85 with the average trading price of $0.73.
Ontology Price Prediction 2023
The price of Ontology is predicted to reach at a minimum level of $1.01 in 2023. The Ontology price can reach a maximum level of $1.21 with the average price of $1.04 throughout 2023.
ONT Price Forecast for 2024-2025
As per the forecast price and technical analysis, In 2024 the price of Ontology is predicted to reach at a minimum level of $1.41. The ONT price can reach a maximum level of $1.73 with the average trading price of $1.45.
The price of 1 Ontology is expected to reach at a minimum level of $1.99 in 2025. The ONT price can reach a maximum level of $2.43 with the average price of $2.06 throughout 2025.
Ontology Price Prediction 2026
Ontology price is forecast to reach a lowest possible level of $2.98 in 2026. As per our findings, the ONT price could reach a maximum possible level of $3.46 with the average forecast price of $3.08.
Ontology Price Prediction 2027
According to our deep technical analysis on past price data of ONT, In 2027 the price of Ontology is forecasted to be at around a minimum value of $4.37. The Ontology price value can reach a maximum of $5.27 with the average trading value of $4.52 in USD.
Ontology (ONT) Price Prediction 2028
The price of Ontology is predicted to reach at a minimum value of $6.03 in 2028. The Ontology price could reach a maximum value of $7.52 with the average trading price of $6.26 throughout 2028.
Ontology Price Prediction/Forecast 2029
As per the forecast and technical analysis, In 2029 the price of Ontology is expected to reach at a minimum price value of $8.87. The ONT price can reach a maximum price value of $10.65 with the average value of $9.19.
Ontology (ONT) Price Prediction 2030
The price of Ontology is predicted to reach at a minimum value of $12.50 in 2030. The Ontology price could reach a maximum value of $15.29 with the average trading price of $12.96 throughout 2030.
Ontology Price Prediction 2031
Ontology price is forecast to reach a lowest possible level of $17.96 in 2031. As per our findings, the ONT price could reach a maximum possible level of $21.59 with the average forecast price of $18.47.
What Makes Ontology Unique?
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.
Of course, providing the infrastructure is only one of the solutions to the challenges provided by Web3. The user experience is also crucial, and this is another area where Ontology is uniquely placed to make a positive contribution. ONTO Wallet gives cross-chain access to the user, placing Web3 in the palm of their hands. Combine this with ONT ID, which allows users to keep control over the ID and data. Furthermore, with features like ONT Login, which simplifies the registration and password management procedures, Ontology has the tools available to provide the most seamless access to the next iteration of the Internet.
How Many Ontology (ONT) Coins Are There in Circulation?
Ontology has a total coin supply of 1,000,000,000 ONT, of which nearly 80% are currently in circulation.
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.
These tokens were subject to a strict screening process and various unlocking periods that ran over two years until the end of October 2020. Read more about its token distribution here.
How Is the Ontology Network Secured?
The Ontology network is fully decentralized and therefore highly resistant against hacks, which would have to affect over half of the connected devices to make an impact.
Where Can You Buy Ontology (ONT)?
Both ONT and ONG are listed and supported by the world’s leading exchanges such as Binance and OKX.