
Ontology to Host Community Call on May 22nd
Ontology will hold a community call on X on May 22nd. The discussion will concentrate on the collaboration with XSTAR and will outline the joint initiatives currently in progress. Refer to the official tweet by ONT: 🗓ï¸ This week’s Community call = Thursday (May 22nd)👉 🎯 Topic = collab👥 Join us to see what we’re working on together! 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.