China’s decentralized, next-generation public blockchain ONT and ONG will list themselves on the Upbit Indonesia exchange next Monday.
Ontology is a cryptocurrency that describes itself as a “high-performance public multi-chain project and a distributed trust collaboration platform.” It’s designed to help businesses use blockchain technology by offering tools such as identity verification and data exchange, according to Google.
Ontology uses a dual token (ONT and ONG) model. ONT is a coin and can be used for staking in consensus, whereas ONG is a utility token used for on-chain services. ONT releases ONG periodically.
The Upbit Indonesia is Upbit’s second overseas exchange, established last December after Singapore.
Ontology plans 12,000 Ontology coin airdrops to celebrate its listing on the Upbit Indonesia.