Ontology Gas
ONG
$0.238328
Current Price
+148.36%
24h Change
Info
ONG
Symbol
$190.97M
Fully Diluted Valuation
$114.24M
Market Cap
245
Market Rank
800.00M
Total Supply
$202.52M
Total Volume
$0.250435
24h High
$0.092386
24h Low
About Ontology Gas
Ontology Gas (ONG) serves as the utility token within the Ontology blockchain ecosystem, designed to facilitate on-chain services and transactions. Operating alongside Ontology's primary token, ONT, ONG addresses the need for an efficient transaction medium, enabling users to access and pay for network operations. Ontology's dual-token model separates governance and utility functions, allowing ONT holders to participate in network consensus and governance while utilizing ONG for transactional purposes. This structure supports Ontology's vision of a high-performance public blockchain that fosters a distributed trust collaboration platform, empowering various applications through a scalable and robust infrastructure. Technologically, Ontology is distinguished by its support for multiple public blockchain systems, customizable for specific application requirements. This adaptability is enhanced by Ontology's provision of essential modules for distributed scenarios, such as digital identity frameworks and data exchange protocols. The network's capability to facilitate collaboration among chain networks through diverse protocol groups positions it as a versatile platform for developers and enterprises. With its growing ecosystem, Ontology has achieved notable adoption and partnerships, reinforcing its market position as a reliable infrastructure for decentralized applications and services.
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