ONT coin, also known as Ontology coin, is a token running on the Ontology network. Ontology is a chain network system built on the basis of blockchain distributed ledger. Build a distributed integrated trust system, collaborate on trust diversity under the integrated protocol system, integrate distributed multi-dimensional entity authentication systems, various blockchain systems and information systems to achieve a distributed point-to-point trust system. Build a cross-chain, cross-system, cross-industry, cross-application, and cross-terminal distributed trust infrastructure system. The bottom layer of Ontology has a complete distributed ledger system, including core distributed ledger, smart contract system and security system. The distributed ledger is an important infrastructure for Ontology's underlying storage.
Introduction to the ONT founding teamThe project team consultant of ONT Ontology is called Da Hongfei, who is the CEO of Onchain Group and the founder of a famous public chain project in China. Ontology's core team is a professional team composed of blockchain technology experts, distributed application development experts, product planning and design teams, world financial institution experts and architects, and professional market and business development teams.
In my opinion, ONT coin does look like a scam
ONT’s goal is to use blockchain technology to create a cross-chain, cross-system, cross-industry and cross-application distributed infrastructure system, which roughly means to achieve thousands of chains The Internet and the Internet of Everything, Xiaoyi Da Hongfei's project was built by the original Xiaoyi team. The overseas publicity is still in place and attracts a large number of overseas users. However, the project goal is too ambitious and difficult to achieve. Many people say that ONT is endorsed by the Ministry of Industry and Information Technology, and many promotional articles also say so. In fact, the Ministry of Industry and Information Technology evaluates Ontology zero, not ONT's Ontology. Although the two names are very similar, they are not the same project. Don't be fooled.
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