Ontology to Hold AMA on X on December 4
Ontology has delayed its scheduled Anniversary Space livestream due to technical issues. The session, originally planned for earlier, will now take place on Thursday. The event will cover ecosystem updates, community topics, and upcoming developments.ONT InfoOntology is an open-source blockchain that provides Web3 trust, privacy and security to enterprises and individual users. Ontology functions as a blockchain framework that supports public blockchain systems and offers customization capabilities for specific applications. It facilitates interaction between blockchains with different protocol groups, contributing to the development of shared modules of underlying infrastructure for various distributed scenarios, including digital identification and distributed data exchange.The ONT token was created as part of Ontology's two-tier token system. ONT serves as a governance token used for voting on network decisions, while ONG (Ontology Gas) is a utility token used for transaction fees and executing smart contracts on the network.