BitLeek Notices

Huobi Pro will First Launch Ontology (ONT) on March 8(GMT+8)


  • administrators

    Dear users,

    Huobi Pro will first launch ONT trading on March 8(GMT+8). ONT deposits will be available from 14:00, March 8, 2018 (GMT+8). ONT/BTC and ONT/ETH trading will be available at New Zone from 15:00, March 9, 2018 (GMT+8). Withdrawals will be available from 14:00, March 14, 2018 (GMT+8).

     

    Huobi Pro has already snapshotted NEO assets at the block height of 1,974,823 at 09:15:02, March 1(GMT+8). 1NEO will get 0.1ONT. We will airdrop ONT on March 10, 2018(GMT+8).

    【2 Million ONT Rewards! Trade One Get One Free!】

    From 15:00, March 9 to 15:00, March 15 (GMT+8), verified users will be rewarded with the equivalent amount of ONT to their ONT trading volume (maximum 100 ONT). A sum of 2 million ONT will be given away. ONT rewards will be given out within 3 workdays after the promotion.

     

    【ONT Trading Volume Contest - Rewards TOP100】

    From 15:00, March 9 to 15:00, March 15 (GMT+8),verified users whose ONT trading volume ranks among the top 100 (buying + selling volume excluding self-executed trades) will receive the following rewards:

     TOP1            300,000 ONT   

    TOP2-3          150,000 ONT

    TOP4-10         80,000 ONT

    TOP11-20        50,000 ONT

    TOP21-50         10,000 ONT

     TOP51-100       5,000 ONT

    Ranking will be updated on this page every work day before 18:00 (GMT+8). ONT rewards will be given out within 7 workdays after the promotion.

    • Above promotion is subject to Huobi Pro's final interpretative decision. Huobi Pro reserves the right to disqualify any person who is known or suspected by Huobi Pro to be cheating or violating any rules and regulations set by Huobi Pro.

     

    1. Project Name

    Ontology(ONT)

     

    1. Project Positioning

    A New High-Performance Public Chain Infrastructure & A Distributed Trust Collaboration Platform

     

    3.Project Intro

    Ontology is a new generation public chain infrastructure project.

     

    Ontology provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems.

     

    Ontology blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. Ontology supports collaboration amongst chain networks with its various protocol groups.

     

    Ontology will constantly provide common modules on the underlying infrastructure for different kinds of distributed scenarios, such as those for the distributed digital identity framework, distributed data exchange protocol, and so on. Based on specific scenario requirements, Ontology will continue to develop new common modules.

     

    Ontology uses a dual token (ONT and ONG) model. At first, ONT is a NEP-5 token and does not release ONG. After the launch of Ontology's MainNet, users will be able to exchange NEP-5 ONT for ONT on the Ontology MainNet, which will start to release ONG periodically.

     

    1. Project Progress

    To launch TestNet on GitHub in Q1 2018, and to launch MainNet in Q2 2018.

     

    5.Token Distribution:

    Total Supply: 1,000,000,000

    Tokens In Circulation: 53.75%

    Token Price: 0.2USD approximately

    Ontology Community (including the reward events): 12%

    Institutional Partners: 28%

    NEO Council: 10%

    Ontology Ecosystem Development: 25%

    Ontology Core Team: 15%

    Ontology Technical Community Reward (including the future bounty program): 10%

     

    1. Token Function

    ONT is the governance token of Ontology, and ONG is the utility token of Ontology.

     

    6.Links:

    Website:
    https://ont.io/

    Whitepaper:
    http://bit.ly/2EWvgJC

    Block Explorer (NEP-5 Stage):
    https://neotracker.io/

    7.Zone

    New Zone

     

    Risk Reminder:

    Investing in digital assets comes with high risks due to huge price fluctuations. Before investing, please fully consider all the risks of investing in digital assets and be prudent of your own investment decisions.

     

    Huobi.pro-Official(Telegram Group): 
    https://t.me/huobiproofficial

     

    Enjoy your trading on Huobi Pro!

     

    Huobi Pro

    March 2, 2018

    https://www.huobi.com/p/api/contents/pro/notice/1071


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