Binance Maintains High Levels of Activity in Announcing 200,000 ONG Token Trading Contest


Binance cryptocurrency exchange announced on Wednesday the Ontology Gas (ONG) tokens giveaway. The giveaway will see over 200,000 ONG tokens disbursed to the top 50 traders by volume.

The competition is set to celebrate the anniversary of Ontology listing on the exchange and recent addition of the ONG tokens. The giveaway is set to run in the coming week starting today, March 14th 2019 to 21st March 2019.

The top 50 traders by volume of ONT traded will share the pool of 200,000 ONG tokens proportionally. The competition will be regulated by the Binance team who reserve the right to cancel a participant if wash trades or manipulation of the markets is noted.

Ontology is currently trading at $1.00 USD as the cryptocurrency market continues its upward movement. The ONT token is currently placed 18th on Coinmarketcap with a total market capitalization of $495,607,906 USD.

Ontology Gas is ranked 1783rd on the rankings with a price of $0.680203 USD, representing a 26% increase in the past 24 hours.

The Ontology Team making partnerships at Token2049

The Ontology team has taken up the Asia crypto week by its horns forming partnerships and marketing its public blockchain.

On the eve of the widely publicized, Token2049 event by Ontology, the CEO of Ontology, Li Jun announced its latest partner, Moviebloc. Moviebloc is a movie distribution platform that runs on the KMPlayer, a global world beater in distribution of multimedia with over 812 million downloads.

Furthermore, the blockchain company aims to partner with more movie heavyweights to increase awareness and development on the platform. Partnerships with Pandora,tv, a Korean based video sharing application and Prism Exchange, a video marketing platform, were also announced during the speakers banquet.

The banquet was attended by high figures in the cryptocurrency and multimedia industry including Peter Kim, CEO of Pandora.tv and Chris Kang, CEO of MovieBloc. Other personalities included representatives from Litecoin, Coinbase, Abra, ICON, Block.one, TRON, NEO, Wanchain, Lisk, Elastos, Zilliqa, Ledger, and more.

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