Crypto World’s Eyes on ONT’s Second Airdrop

The second NEO airdrop is scheduled for Monday, 9th July, after the run of the first airdrop in February and a 20 million ONT donation to the NEO council. 

This time the ONT team will deliver the airdrop to MainNet ONT addresses, which will be the same as the NEO addresses in the first round and its access will be granted with the same private keys and WIF (wallet import format).

ONTO (Ontology’s UX app that incorporates a wallet), other wallets that support MainNet ONT, and exchange platforms where users hold their NEO during the snapshot, can be used to access the MainNet ONT addresses. 

Ontology spiced up the second airdrop with a MainNet pre-launch event in San Francisco on the 26th June, when Jun Li, CEO, and founder of Ontology, presented the highlights of the framework and administration models of the token’s MainNet.

Ontology’s MainNet update was scheduled for a release on the 30th June, featuring Triones Consensus Nodes, SmartX (smart contract tool), and VBFT (verifiable byzantine fault tolerance).

VBFT is an innovative consensus algorithm that brings together proof of stake, byzantine fault tolerance, and verifiable random function.

SmartX’s environment integrates smart contract templates, an online editor for compiling, deploying, and invoking smart contracts. Ontology bases its public chain governance model on the Triones Consensus Group. 

One of Ontology’s key aims is to create a bridge between blockchain solutions and real businesses, aiming to empower their operations with efficient, simple, and secure technology solutions.

Marking steady progress towards achieving this mission, Ontology announced a set of new ecosystem partnerships that will allow Ontology 1.0’s application in a real business environment. The company is joining forces with DAD (a decentralized advertising platform), Chain of Things (smart hardware infrastructure platform), Contentos and CarBlock.

Earlier this year, Ontology’s team announced exciting partnerships with Points (PTS), NAGA, as well as Sequoia China, Matrix Partners China, Zhen Fund, and Danhua Capital in the creation of the Co-Builder Plan. This partnership network aims to focus on application development research, outreach, and incubation.

The team also created the Ontology Advisors Group that aims to empower the Ontology ecosystem by providing a wide range of strategic and industry consultancy.

Commenting on the new partnership chains, Jun Li added that Ontology 1.0 is a result of the high level of professionalism, expertise, and cooperation of all industry experts, technical teams, partners, and co-builders. He believes that with such a powerful partnership could only lead to a bright future.

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