Ontology a coin with a real business model

in #ontology6 years ago

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When looking at which coins to invest the common steps involves looking at the team and leadership and respectability of the coin excrete. However, most overlook if the coin has a business model to get revenue after the ICO to sustain the growth of the coin.

Their business model is what sets Ontology apart form most of the the other coins. The business model is simple, firstly they are not just one single blockchain, but a network of blockchains. It plans to provide government and other institutions with storage that the organization example hospitals can see that is not visible to the public and only the hospital can see. Their slogan is about trust which is a major problem facing all blockchains how can businesses trust blockchains with their highly valuable data if they don't trust the blockchain with so many shady projects like VERGE out there. The fact that this high performing blockchain has smartx contracts it is a MAJOR competitor coming for Ethereum it came out a few months ago and already has a main-net coming out on the 30 June. I

Additionally, Ontology has formed a great partnership with Neo and they work well together not to mention Neo's great reputation with the Chinese government.

The two key factors that will bring in revenue for this coin that did not have a public sale will be supplying businesses with a trust based digital form of identification on a private blockchain. The companies will have to buy the tokens to access the digital storage.

In summary revenue will come from:

Multi source Identity for people
Multi source Identity for objects
Distributed data storage
High performance smart contracts

Say hello to the true EOS and Ethereum killers.

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Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
EOSEOS11.248$0.57%-17.02%
ETHEthereum521.250$0.1%-11.84%
ONTOntology6.606$-0.11%-12.01%
XVGVerge0.031$-1.03%-20.71%

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