1 Level
11 Review
7 Karma
Review on Ontology by Jo Andy
Although cryptocurrency can be quite complex in general, the Ontology project…
Although cryptocurrency can be quite complex in general, the Ontology project can be even more difficult to understand as the concept is unique! However, I hope I have cleared everything up for you.
If you read it from start to finish, you should now have a good understanding of what the Ontology coin project is and what they are trying to do. You should also have a good idea of how the technology works, along with its advantages and disadvantages.
So, what do you think about the Ontology crypto project? Do you think it will be a success? I think that it has the potential to go mainstream, as it would be ideal for small-to-medium businesses who do not have the expertise to implement their own blockchain.
Pros
- One of the most interesting things about the start of the Ontology coin journey is that they did not hold an Ontology ICO. Instead, Ontology airdropped (which means transfer for free) their coins to a variety of people, including NEO coin holders and those who subscribed to the Ontology email newsletter! They also received funds from private investors.
Cons
- Strict country of origin: Ontology operates in one of the strictest nations for crypto regulation China.Early days: Although the ONT token has great potential, the project is still in its very early days.
