ontology logo
Ontology
ONT
$0.20

Sector

Identity

Exchange Debut

2018-03-08

Market Cap

185,355,136

Maxim Supply

1,000,000,000

Circulating Supply

905,697,857

Circ. Supply(%)

90.57%
ontology logo

Ontology

ONT

Price

$0.20

Market Cap

Sector

Exchange Debut

185,355,136
2018-03-08

Volume 24h

High 24h

Low 24h

7498649
0.20724823779
0.192826361463

Change 24h

Change 7d

Change 30d

-0.0106
-16.7382
-33.3317

Maxim supply

Circulating supply

Circulating supply(%)

1,000,000,000
905,697,857
90.57%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Ontology-ONT cryptocurrency:

 

Ontology ($ONT) emerges as a significant player in the Web3 landscape, focusing on trust, privacy, and security through decentralized identity and data solutions. Its infrastructure aims to provide trusted access to Web3, ensuring regulatory compliance and prioritizing user privacy. With a final score of 6.41 out of 10 in the fundamental analysis of the Ontology – ONT cryptocurrency, it reflects a balanced mix of potential and areas for improvement, particularly in its social media engagement and product utility.

SOCIAL & MASS MEDIA: Score 7 out of 10

Ontology’s social and media presence is robust, scoring 7 out of 10. The project excels in attracting followers and maintaining a strong media presence, evidenced by scores of 9 out of 10 in both areas. However, the relatively low community activity on social media pages, scoring just 1 out of 10, suggests a need for more engaging and interactive community management strategies.

AUDIT & SECURITY: Score 6.3 out of 10

The audit and security aspect of Ontology is decent, with a score of 6.3 out of 10. The transparency of information and liquidity on exchanges both score 7 out of 10, indicating a satisfactory level of openness and market stability. However, the results of audits, at 6 out of 10, suggest room for improvement in ensuring the robustness of security measures.

TOKENOMICS: Score 7.45 out of 10

Ontology’s token economy is reasonably strong, achieving a score of 7.45 out of 10. The project’s approach to inflation management is particularly commendable, scoring 9 out of 10. However, the level of centralization in the monetary mass, with a score of 7 out of 10, points towards a need for more decentralization.

ECOSYSTEM DEVELOPMENT: Score 7.72 out of 10

In terms of ecosystem development, Ontology scores 7.72 out of 10. The project shows a solid track record in achieving objectives and plans for new developments, indicating a forward-looking approach and commitment to continuous improvement.

TEAM & DEVELOPERS: Score 5.4 out of 10

The team and developers behind Ontology have a moderate score of 5.4 out of 10. While the number of software developers is satisfactory, the overall experience of the team is perceived as average. This aspect could benefit from further enhancement to drive innovation and growth.

PRODUCT & UTILITY: Score 4.4 out of 10

The product and utility dimension of Ontology is an area that requires significant attention, scoring only 4.4 out of 10. Both the utility of the product and the tokens within the ecosystem need to be enhanced to improve overall value and user experience.

PARTNERS & INVESTORS: Score 6.5 out of 10

In terms of partners and investors, Ontology scores 6.5 out of 10. The project has managed to attract a reasonable number of investors and partners, reflecting a level of confidence and support in its vision and capabilities.

Fundamental analysis of the Ontology-ONT cryptocurrency – The final conclusion

Ontology, through its fundamental analysis of the Ontology – ONT cryptocurrency, presents a blend of strengths and weaknesses. Its commitment to privacy, security, and regulatory compliance in the Web3 space is commendable. However, there are areas that require improvement, such as community engagement, product utility, and team experience. The overall score of 6.41 out of 10 suggests a moderate risk for investors, with significant potential for growth if key areas are addressed effectively. Investors should consider these factors carefully when evaluating the investment opportunity in Ontology’s cryptocurrency project.

What is Ontology?

 

Ontology, a unique project initiated by Li Jun on November 27, 2017, aims to enhance trust, privacy, and security in Web3. It focuses on decentralized identity and data solutions, creating a reliable infrastructure for Web3. The platform gives priority to user privacy and regulatory compliance in its digital identity solutions.

Technical Aspects and Blockchain Functionality

The Ontology blockchain is characterized by high speed and low cost. Its design facilitates decentralized identity and data solutions in the Web3 sphere. The blockchain supports three virtual machines – Ontology EVM, NeoVM, WasmVM – promoting interoperability and development ease. Ontology’s compatibility with Ethereum, achieved through its Ethereum Virtual Machine (EVM), represents a crucial step towards creating the Ontology Multi-Virtual Machine and enhancing chain interoperability.

Unique Approach to Cryptocurrency Distribution

Ontology distinguished itself by avoiding the initial coin offering (ICO) model. Instead, it opted for community distributions and airdrops of its ONT cryptocurrency, fostering organic price discovery and a robust community base. For example, individuals subscribing to the Ontology newsletter received an airdrop of 1,000 ONT, which significantly appreciated in value upon listing on major exchanges.

Utility and User Experience

Ontology stands out by offering varied real-life applications and enabling businesses to build customized blockchains atop its own. The ONTO Wallet and ONT ID enhance user experience by offering cross-chain access and control over IDs and data, respectively. Furthermore, ONT Login streamlines registration and password management, contributing to an improved Web3 experience.

Fundamental analysis of the Ontology-ONT cryptocurrency

Ontology - ONT performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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