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Finally found! Potential killer for 2018. When BTC struggles, ETH struggles ONT goes constantly up. Last week 100%. If someone bought it 2 weeks ago his return would have been 400%! In such unstable cryptoworld right now. So this project might be the answer. It will make us possible to make money. Finally.
So to the point. This is absolutely massive. It has 5 white papers (3 already published and 2 to be). There was NO ICO. The total amount of tokens is 1 000 000 000. They already gave away around 25 % for NEO hodlers, community and attendees of dev conf. They might reward community for following their facebook or twitter accounts. It is really hard to describe it all but here are the essentials:
There was no ICO.
They launched ONT at the beginning of March 2018. For 1 NEO one got 0.2 ONT.
They are backed by massive team (40 people which most of them are IT senior engineers). Everyone with photo and description. info.ont.io/team/en
CEO Jun Li is also founder of Onchain startup (2014) backed by Fosun Group (Conglomerate from China)
Their goal is to incorporate blockchain into current, real existing businesses. The want to bridge real world with NEO to relieve businesses from tech development
They are strictly connected to NEO
NEO focus is public, ONT focus is private
NEO stands for digital applications, digital new economy, ONT stands for bridging real economy with digital economy
NEO new digital apps/businesses, ONT wants make it possible for current business to become digital companies
They are aiming to governments, health services as well as private bussines, IoT, people, data and many more
At protocol level and application level NEO focuses on digital assets and smart economy and ONT focuses on trust identity, distributed data and trust with collaboration scenerios.
They want you to be in control of your data. They treat data like a gold.
ONT wants to create separate blockchains for businesses to store their data without possibility for 3rd parties to access and view them.1 business/process one blockchain.
Token structure is similar to NEO – when you hold NEO you are paid gas and when you hold ONT you will get ontology gas – each block 15-20 seconds
ONT is listed on Binance, Huobi, OKEX, Gate.io
Here is the example from medical services from every day life. Imagine your dad visiting doctor/hospital/pharmacy – your dad sends medical data (history) to doctor and pharmacy. Doctos gives his credentials to pharmacy which gives your dad his medicaments. ONT service gathers all data, process them securely and sends them or gives access to the hospital where your dad has planned surgery. When he goes to another doctor he has all medical documentaion with him and doesn't need to ask 3rd party for documentation withdrawal.
Summary: ONT stands for trust, identity, data exchange and authorization Here are some technical analysis details:
These targets should be achieved even within days. Next ATH highly likely. We may encounter returns as it was with NEO in 2017.
Stay tuned and don't forget to follow us, comment and give a like if you agree with our idea. ************************************************************************************************************************************************************************************ HUGS. Yours WBM Team
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Guys. We reached PERFECTLY 1st target. Right now small correction then pont number 3. Up Up Up
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Let's wait for another bounce up towards point 3.
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Whale are buying BTC. Watch ONT to buy low.
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BTC still strong. Waiting for reversal. Crucial level 0.00055000. We should bounce back from this level. If not set stop-loss at 0.00050000. Long term (couple of weeks) it will grow significantly.
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Guys. Unfortunately Elliot waves didn't work out. Correction lasts longer but we think we are close to reload/entry point. It all depends on BTC. Now it is unstable. Here is updated analasis.