Review on Ontology by rajat manak

Name: Ontology
Item: Ontology
Rating: 4

September 13, 2018

In general ontology is the great project with high pottential. although…

In general ontology is the great project with high pottential. although cryptocurrency are quite complex in general. also Ontology project is difficult to understand but project of ontology is unique.
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Updated 5 years ago

Rating changed from 5 to 4

Ontology project is not in my investing portfolio but if we consider the technology so ontology is runs on great and advanced blockchain technology. But team is quite non active.
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Pros

Ontology is the high-performance blockchain which allows making different blockchain for different uses. ontology is ideal for businesses which does not information about blockchain. the team of ontology is always active and ONChain (the company behind ontology) had a great success in blockchain industry already with their NEO project. also, ontology is listed on binance which is high volume exchange and ranked on 25th position according to market cap. also ontology doesnot perform any ICO.

Cons

There are very low and minor cons about ontology project. but of the main problem is regulatory issues as ontology is the origin in the China country which is strict about crypto regulation. also team of ontology does not give any info about whitepaper and roadmap on their website.