Clay X Ontology Partnership Announcement

Taegyu Lim
Clay
Published in
3 min readSep 22, 2018

Hello from Coinmanager team!

We are excited to announce the official partnerhsip between Clay, multi-wallt & dApp platform developed by Coinmanager team, and Ontology, a new high-performance public multi-chain project where Clay will be equipped with ONT and ONG wallets as well as supporting any upcoming ONT-based tokens (OEP-4).

Providing specialized functions for Ontology

Clay’s Ontology wallet is the world’s first ontology dApp platform, allowing Clay users to easily deposit and withdraw ONT and Ontology Gas(ONG). In addition, users will be able to utilize various functions such as block chain-based identity authentication, Staking, Candibox (Airdrop), which are normally not available on exchanges, and Clay will contribute to the ontology ecosystem by quickly attaching these specialized functions.

ONT Wallet images in Clay Wallet

Just by holding ONT in your wallet, ONG will be accumulated in real time. As of September 2018, if you hold ONT you can expect ONG compensation of approximately 5.39% annual interest rate. If you store ONT in the exchange, you can not receive ONG in real time (most of the exchanges either do not distribute ONG or distribute ONG once a month) and you can not enjoy other services such as Staking, Airdrop etc., which will be added later. Therefore, using wallet can be more beneficial to ONT holders.

(Read More : How to claim ONG with ONT & Interest rate)

Providing Ontology application services

Like Ethereum and EOS, a number of decentralized application services (dApp) are being prepared for Ontology ecosystem. Clay team strongly believes that ontology-based DEX, ICO platforms, exchange solutions, and lots of financial products will be available soon, and plan to implement those functions so that the users can use those dApps in the easiest way.

Ontology is one of the most promising projects among next generation block-chain platforms. Ontology team has more than 70 top IT and block-chain experts in China. While collaboration, we had strong impression that Ontology team is working very hard, even though they have already become one of the dominating and most promising project in the block-chain field.

Through Clay, we will contribute to create easy ecosystem for Ontology and to provide easy Ontology application service environment for users in Korea and all around the world. Clay is already available on Android/iOS AppStore, and supports Ethereum and Ontology wallets, as well as three exchange wallets including Binance. Download now and try it out! (Click here)

About Clay

Clay is a multi-wallet & dApp platform developed by Coinmanager team, a cryptocurrency wallet project with over 450,000 downloads in Korea. Clay’s strengths is that users can easily utilize various crypto-financial services such as exchange trading, ICOs, crypto fund products, or staking & earning interests, irrespective of where their assets are stored — whether in blockchain wallets or in exchange wallets.

For more information, please visit: https://clay.one/

About Ontology

Ontology is a new high-performance public multi-chain project and a distributed trust collaboration platform. Ontology provides new high-performance public blockchains that include a series of distributed ledger 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 among 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.

For more information, please visit: https://ont.io/

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