Review on Ontology by Wisdom BOATENG
A fully modular blockchain - A project with great potential
In short, Ontology is one of the few projects in the industry to be developed without ICO. This project is useful, it wants to simplify the use of blockchain by helping companies without technical knowledge to use this technology for commercial purposes. What makes the ecosystem attractive is the ability for companies to choose between a public or private blockchain and tailor them to their business.
I have invested in the project since 2019 because the real usefulness of the project. Since the launch of MainNet, it has enabled other projects to be carried out. With the competent team behind it, this is the kind of crypto project that can reach the top 10.
Pros
- A solid ecosystem, Compatibility with all blockchains
- Facilitate blockchain adoption by simplifying its use
Cons
- A two token protocol
New products
Comments (3)
January 13, 2021
The team behind Ontology is made up of reputable leaders in the cryptocryptology industry with an established track record of success. And unlike many other blockchain projects, the Ontology team isn't just targeting the financial industry. This token has been around for a long time but it perfumes more, for me they are ghost tokens in which I will never invest, there is no more innovation, no more new partnerships within this project.
July 19, 2020
Given the services it offers to the market, which is especially aimed at companies and institutions, its rank as a crypto may gradually increase, of course this will depend on how companies accept this tool to modernize their financial system.
July 19, 2020
While most blockchain projects typically use a dual token model, I don't think that's a concern you identified. In this case dual token scheme not only ensures the development of infrastructural systems but also provides more services to justify the quality of infrastructure. Although the dual token model enables the project to reach as many situations and users as possible, switching between several tokens will put excessive costs for both the project and the user.
