Review on Ontology by larueer kenbe

Name: Ontology
Item: Ontology
Rating: 4

September 20, 2018

However, the crypto community has often confused the roles of projects among…

However, the crypto community has often confused the roles of projects among each other. It should be clarified that NEO does not own Onchain nor Onchain own NEO. In a Youtube interview, Da Hongfei clears up the confusion with the companies roles.
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Pros

Ontology is a blockchain/distributed ledger network which combines a distributed identity system, distributed data exchange, distributed data collaboration, distributed procedure protocols, distributed communities, distributed attestation, and various industry-specific modules.

Cons

ONT was airdropped to NEO holders in March 2018. From this airdrop, 20 million ONT were distributed to the community by the NEO Council. There will be a max supply of 1 billion ONT tokens which are indivisible, and you’ll get Ontology GAS (ONG) from holding ONT (similar to how NEO GAS functions). Ontology had previously awarded 1,000 ONT tokens to everyone who signed up to their newsletter (which is now closed).