Ontology is a public infrastructure chain project and distributed trust collaboration platform. Its blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. The blockchain/distributed ledger network combines distributed identity verification, data exchange, data collaboration, procedure protocols, communities, attestation, smart contract system support, and various industry-specific modules.
The Ontology Gas (ONG) is the token developed by to be the platform gas. Ontology uses a dual token (ONT and ONG) model. ONT is the coin and can be used for staking in consensus, whereas ONG is the utility token used for on-chain services.
The official Ontology Gas token ticker is “ONG” and trades under that name on all the exchanges where it has been listed. The designation “ONGAS” is for CryptoCompare.