The Currency Analytics
By Maheen Hernandez
Ontology (ONT) Staking Economic Model
Mr. Narendra Modi, The Prime Minister of India, expressed understanding of opportunities in the frontier technologies of 5G, Big Data analytics, Quantum Computing, Blockchain and…
Ontology tweeted: “Great to see @PMOIndia's recognition of opportunities in #blockchain tech.
Ontology which is a blockchain for self-sovereign ID and DATA are excited about the word on the prime minister’s acknowledgement about blockchain.
Ontology recently expressed that they have decided to build their decentralized identity protocol on Bitcoin, Ethereum, and EOS.
One of the community members stated they will definitely be adding Binance Chain and Smart Chain.
Sydney Ifergan, the crypto expert tweeted: “Namaste! Good about Ontology (ONT) alerting on Modi-Ji the India Prime minister acknowledging Blockchain and IOT.
There were criticisms too. One of the replies stated that User Wise Ontology can be very successful with TRON.
The July 15, 2020 through July 21 week report of Ontology spoke about how they are delighted to announce nearly $150 million USD worth of ONT being staked on Ontology.
Ontology network have unveiled new governances and staking rewards for users. We need to see how the new staking model will work when it goes all live.