
Ontology to Hold AMA on X on July 4th
Ontology will host an AMA on X on July 4th at 7:00 UTC, featuring a campaign status update, a presentation of the refreshed website and new blog materials, an ecosystem overview, and an analysis of current Web3 trends. Refer to the official tweet by ONT: Join tomorrow â°🔁 Campaign recap — it’s still live, so jump in!🌐 A fresh look for + new blog content🤝 Ecosystem check-in — what’s new with our partners & community📊 Web3 pulse — trends you should know about 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.