Biweekly update 12th February — 26th February
This is not financial advice
Over the period of two weeks Ontology demonstrated high level of motivation and hard work. Ontology Network Gas was listed on numerous platforms, consequently drawing the attention of community and investors. Ontology has been added to Google Cloud Adds, which gave the developers a chance to develop smart contracts on Google Cloud, AWS, and Azure. The number of token holders and transfers increased and community is waiting for a stable financial growth. Core members of Ontology team attended OGC Global Roadshow and discussed the future and development of blockchain. Everyone is thrilled with the big shot — Parity Games partnership and their Isolated City. Possibly, it became the reason for the growth in social networks. So far so good, we will follow their progress.
Development
- DApp Incentives Model confirmed by Ontology — Ontology lures dApp developers by confirming its dApp incentive mannequin. By offering a whopping 60% dApp transaction charge rebate to builders, Ontology to join the race of dApp between Ethereum, Tron, and EOS. When the battle of dApp is at its peak, Ontology has tied its laces and is ready with 4 new incentive fashions. Mannequin A, Mannequin B, Mannequin C, and Mannequin D are the four fashions that are going to hit the market soon.
- Mannequin A encouraging intuitive and efficient dApp builders, it will have a transaction charge rebate of 50% of all transaction charges.
- Mannequin B will be lively dApp incentives which will reward the high 50 dApps in exercise. All the dApps under 50 will be rewarded with 100,000,000 ONT and 100,000,000 ONG under the Ontology Basis and will fall under common quotas. Based on the lively customers and transaction quantities of dApps, the rankings will be decided. Even a penalty is to be issued if any manipulation of rankings is discovered.
- Mannequin C is going to be a dApp improvement mortgage program. Assisting the dApp builders jumpstart construction, this program is going to provide monetary assistance from the start. This program will also let the dApp builders use the mortgage borrowed from the Ontology Basis for dApp testing, operation, and improvement.
- Mannequin D is a technical and advertising and marketing assistant which can be used to improve, enhance, and develop effectivity and operational effectiveness via technical and advertising and marketing assistance.
- You can now develop Ontology smart contracts on Google Cloud, AWS, and Azure. Ontology has also joined the Google Cloud Technology Partner program, which gives Ontology the opportunity to collaborate with Google in marketing activities. More info here.
- Whiteboard sessions with deep tech dives to watch this weekend: OntologyNetwork: watch here — by Near Protocol.
Social encounters
- The review on Ontology Network by Hashoshi — watch here.
- Beijingers, Honglei Cong, Senior Blockchain Expert at Ontology was speaking a Startup Grind in Beijing on 23rd February!
- Ontology at Harvard Law School — Andy Ji was speaking at @OGC_Global’s roadshow stop at @Harvard_Law this week, discussing the future of the blockchain industry and how Ontology fits into it.
- Jun Li hammers home the truth about why OntologyNetwork will be #1
Custodial Service with established exchange partners who can support asset based token issuance, Specialised Layer 2 frameworks for game developers, Decentralised Storage were discussed — watch here.
Upcoming events
- Andy Ji, CSO of Ontology, will also be attending the event
- Ontology Co-Founder/CSO Andy Ji will be speaking at @OGC_Global’s roadshow stop in San Francisco on February 26th. Read more and sign up for the event here.
Finance
- Binance Will List Ontology Gas (ONG) — more info via link.
- OntologyNetwork Gas (ONG) is now listed on CoinAll on the following schedule:
Deposit — 14:00 Feb 16 (UTC +8)
Spot trading — 14:00 Feb 17 (UTC +8)
Withdrawal — 14:00 Feb 25 (UTC +8)
For more details tap here. - BKEX has opened $ONG deposit and withdrawal, and opened ONG/USDT、ONG/ETH trading pairs at 2019/02/20 15:00 (UTC+8).
- MXC-exchange lists $ONG — more info here.
- Tech Bounty Program notice: From March 1st, bounties will be rewarded in $ONG. Applications submitted before this date will be rewarded in $ONT. Check out the latest bounties available and apply today.
- HyperPay, online payment platform, will list the 29th mainnet ONT today.
Roadmap
What’s next?
- Support for Mpc and more cryptographic algorithms
- Distributed community framework release
- Distributed trust collaborative platform release
- Distributed financial services release
- Support for more trust collaboration dApps
Partnerships and team members
- Official partnership with ParityGames to create an innovative blockchain gaming platform and marketplace. Including making use of Blockchain of its title Isolated City. While being built with the use of Unreal Engine 3, ParityGame’s VR, PC Game called ‘Isolated City’ will leverage blockchain. With a reveal trailer that received over a million views on the Chinese video platform Bilibili, it will provide a significant real-use case for the blockchain. ParityGame will also make use of the blockchain solution for the digital asset marketplace, Skrskins. Along with Isolated City, ParityGame will work to leverage Ontology for seven of its H5 minigames. Find out more about ParityGames here.
Rumors
- Ontology has a new community-run Telegram group for the Philippines:join here!
Social media metrics
The graph above shows the dynamics of changes in the number of Ontology Facebook likes, Reddit subscribers and Twitter followers. The information is taken from Coingecko.com.
