Dear CoinEx users,
Due to the completion of ONT and ONG upgrade , CoinEx has resumed their deposit and withdrawal on July 11.
About ONT:
Ontology is a new generation public blockchain project and a distributed trust collaboration platform. Ontology provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems. Ontology blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. Ontology supports collaboration amongst chain networks with its various protocol groups.
About ONG:
Ontology aims to constantly provide common modules on the underlying infrastructure for different kinds of distributed scenarios, such as those for the distributed digital identity framework and distributed data exchange protocol. Ontology intends to continue developing new common modules based on specific scenario requirements. Ontology uses a dual token (ONT and ONG) model. ONT is a coin and can be used for staking in consensus, whereas ONG is a utility token used for on-chain services. ONT releases ONG periodically.
CoinEx reserves the right of final interpretation of this announcement.
CoinEx Team
July 11, 2020
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