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Cryptocurrency News Articles

Ontology will host an AMA on X on May 16th at 7:00 UTC

May 16, 2025 at 03:04 am

Ontology will host an AMA on X on May 16th at 7:00 UTC to review Web3 market dynamics, introduce new decentralised identity features

Ontology will host an AMA on X on May 16th at 7:00 UTC

Ontology, a leading open-source blockchain focusing on decentralised identity (DId) and interoperability, will be hosting an AMA session on X (formerly Twitter) on May 16th at 7:00 UTC.

The AMA will be an excellent opportunity for the community to engage with Ontology and learn about the latest developments in the blockchain space. The session will cover several topics, including an analysis of the current Web3 market dynamics, the introduction of new decentralised identity features that integrate Orange Protocol’s Humanity Score, an overview of recent advances in zero-knowledge technology and the presentation of the latest campaign reward framework.

Ontology is a modular and extensible blockchain framework that supports both public blockchain systems and offers customization capabilities for specific applications. It enables interaction between chains with different protocol groups, facilitating the development of shared modules of underlying infrastructure for various distributed scenarios, including digital identification and distributed data exchange.

As Ontology's native governance token, ONT is used for voting on proposals and making critical decisions regarding the network's future. The token also plays a crucial role in securing the network through staking activities.

In contrast, ONG, Ontology Gas, is the native utility token used for transaction fees and executing smart contracts on the Ontology chain. It serves as the primary medium of exchange within the Ontology ecosystem.

The Ontology team invites everyone to join the AMA session and learn more about the exciting developments in the works.

Stay tuned for more updates and follow Ontology on X for the latest news and announcements.

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