Ontology Gas Price Prediction 2023-2030

Latest Ontology Gas Price

Ontology Gas Price Prediction: Is Ontology Gas a Good Investment?

Ontology is a high-performance public blockchain project and a distributed trust collaboration platform. It integrates multiple trust mechanisms into a unified network, creating an infrastructure that supports a wide array of real-world applications. The Ontology ecosystem includes a series of complete distributed ledgers and smart contract systems.

Key Features of Ontology

Ontology’s distributed identity framework allows for multi-source authentication, which can be used in various industries.
Ontology enables secure and efficient multi-source data transactions and collaboration.
Ontology’s distributed reputation system allows businesses to build trust and mitigate risk.

Advantages of Ontology

Ontology’s consensus mechanism confirms transactions in less than a second and processes over 5,000 transactions per second. Its WASM-JIT is one of the fastest of its kind, allowing for rapid and scalable Web3 solutions.
Ontology is a distinguished DID protocol with out-of-the-box cross-chain functionality. It is integrated with the Ethereum Virtual Machine (EVM) for broader developer access within the Ethereum ecosystem. It supports multiple languages and add-on protocol integration.

Partners

Daimler Mobility: Daimler, one of the largest automotive brands in the world, uses Ontology mobility solutions for payments and settlements, vehicle identification, and data sharing. Daimler also developed its innovative “Welcome Home” app using ONT ID technology, allowing drivers to customize their in-car experience in a way that safeguards their identity.
ROCKI: A next-generation streaming music platform built on the Binance Smart Chain, ROCKI partnered with Ontology to provide decentralized identity (DID) and know your customer (KYC) for privacy, security, and self-sovereignty. Artists can mint musical NFTs and transact with users in a secure fashion with Ontology DID solutions.
ZAICO: Cloud inventory management software company ZAICO worked with Ontology to develop and implement anti-falsification functionality on the blockchain. All inventory data is encrypted on the Ontology blockchain, ensuring airtight information security and privacy.

Key Partners of Ontology Include – 1Inch, Aave, Alchemy, BNB Chain, Celo, Chainlink, Chiliz, Daimler, Ethereum, NEAR, NEO, Opera, Polkadot, etc

Ontology July Update

Ontology recently marked the five-year anniversary of its MainNet, reflecting on major achievements in the Web3 and decentralized identity solutions spheres. Highlights:

Significant progress on various technical optimizations and developments, including EVM bloom bit index, high ledger memory usage, and ONT staking liquidity.
Exciting event spotlights, including Ontology nodes offering up to 30%+ APY in ONG, and NOWPayments’ integration of ONT for enhanced, speedy transactions in the travel sector.
ONTO V4.5.3 went live with the integration of Core mainnet and optimized mode settings for Core, Clover, and AptosNetwork.
On-chain activity surged with 164 total dApps on MainNet and significant increases in total dApp-related and total transactions on MainNet.
Community growth was fueled by regular Ontology Community Calls, discussions, and a Monthly Quiz event.
Ontology continues to expand its team with new hires, and several positions are still open.

Ontology Gas Token

Ontology Gas (ONG) is the utility token that powers the Ontology network. It is used to pay for transaction fees, storage, and the execution of smart contracts. Detailed Features of Ontology Gas:

ONG is used to pay for transaction fees, storage, and the execution of smart contracts within the Ontology network.
ONG is generated over time by holding Ontology tokens (ONT), rewarding ONT holders with ONG.
ONG holders can participate in network governance, influencing decisions about the Ontology network’s future.

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Ontology Gas Token Performance so far

Year to Date (2023): +7.5%
Last 1 Year: -43.7%
Since Launch: -81.9%

Despite being in the market for 4 years, Ontology and Ontology Gas have not made significant progress with investors primarily because it does not appear to be solving a problem that others aren’t. The lack of substantial differentiation makes it a poor case for investment. However, substantial volatility makes it a good token for trading. That needs high-quality trading skills and could lead to a complete loss of investment.

Ontology Gas Token Price Predictions

Ontology Gas Price Prediction Today

UTC: Sep 25th, 2023 06:31 PM

Ontology Gas Price Prediction in the next 24 hours is between $0.218 and $0.227
Ontology Gas Price Prediction this week is between $0.219 and $0.221

UTC: Sep 25th, 2023 01:05 PM

Overall Outlook	Neutral

1. Market's Wisdom	Neutral
1a. Market Data	Partially Bearish
1b. Technical Recommendation	Buy

2. Crowd's Wisdom	Neutral
2a. Social Media Buzz	Steady
2b. Social Media Sentiment	Steady

Ontology Coin Price Prediction 2023-2030