ONG meaning in Cryptocurrency ?

Answer:

Ontology is a high performance, open source blockchain specializing in digital identity and data.

Ontology's infrastructure supports robust cross-chain collaboration and Layer 2 scalability, offering businesses the flexibility to design a blockchain that suits their needs.

With a suite of decentralized identity and data sharing protocols to enhance speed, security, and trust, Ontology’s features include ONT ID, a mobile digital ID application and DID used throughout the ecosystem, and DDXF, a decentralized data exchange, and collaboration framework.

Ontology adopts a dual-token model, with both ONT and ONG as utility tokens. Ontology decouples ONT and ONG to alleviate the risk of turbulent fluctuations of the native “asset” value on the gas fee.

ONT is used as the staking tool and the time, cost of staking and operating costs of the nodes are considered to be inputs. ONG is used as a value-anchoring tool for on-chain applications and is used in the transactions on the chain.

reference

Full Form	Category
Oklahoma Natural Gas Company	Business
SoMee.Social [OLD]	Cryptocurrency
Ontology Gas	Cryptocurrency
Oklahoma Natural Gas	General
Organizzazione Non Governativa	General
Object Network Gateway	General
Optical Networking Group	General
Ohio National Guard	General
Organização Não Governamental	General
Oil and Natural Gas	General
Official Next Gen	General
Oh No God	General
Optic Nerve Glioma	General
Organizaciones No Gubernamentales	International
Organizacion No Gubernamentales	International
Organisation Non Gouvernementale	International
Organisme Non-Gouvernemental	International
On God	Internet
Orthodontic National Group	Medical
Mornington Island, Queensland, Australia	Regional