Huobi Pro will First Launch Ontology (ONT) on March 8(GMT+8)
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). We will give 2 million ONT in total according to the order of trading volume during the campaign.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.
Because our event is too popular with high attention, to ensure the fairness, we decide to check and clean the data before publishing the final list. The publishing time will be announced in this page. Please pay attention. Rewards will be given within the 7 working days after the list is published. Thank you for your understanding and we apologize for the inconvenience that this may cause.
* 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
2. Project Positioning
A New High-Performance Public Chain Infrastructure & A Distributed Trust Collaboration Platform
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.
4. Project Progress
To launch TestNet on GitHub in Q1 2018, and to launch MainNet in Q2 2018.
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%
6. Token Function
ONT is the governance token of Ontology, and ONG is the utility token of Ontology.
Block Explorer (NEP-5 Stage): https://neotracker.io/
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!
March 2, 2018