Review on Ontology by Paul Sletten
https://ont.io/ Based in China, this project shows it is here for the right…
https://ont.io/
Based in China, this project shows it is here for the right reasons, and encourages external buy in for it's success with it's bounty programs. Currently the 23rd highest market cap token at $400M, but 2 months ago it was above a Billion dollars worth of capitalization. A serious technical side, well developed and thoughtful, Ontology project is a superior distributed ledger.
Pros
- Ontology is not a pump and dump token. This is a project aimed at, focused on, and dedicated to expanding next generation blockchain concepts to increase use cases and leverage tech to make things better for people. Unlike some projects focused on flipping coin, there is no such big name attachment for the sake of it. These engineers and leaders have a wealth of concentrated experience in these fields.
Cons
- Like everyone else in this space, they have not yet figured out how to segment themselves from fraudulent bad actors. Currently the 23rd highest market cap token at $400M, but 2 months ago it was above a Billion dollars worth of capitalization, with nearly 50% of total value in 24 hour volume on May 3rd. I wonder if there were similar spikes in created out of nothing "umbilicus coins" that day. Once someone figures out how to excise themselves from being bled to death by fraud, the true values of this and the few other useful products in this space should result in windfalls upon windfalls.
