What Ontology does

Ontology is a private, open-source public blockchain company founded in 2017 in New York and currently headquartered in Singapore, purpose-built around decentralized identity (DID) and on-chain data trust. Its core technology stack centers on a high-throughput, EVM-compatible Layer 1 blockchain featuring a proprietary VBFT consensus mechanism (combining VRF, BFT, and PoS), Multi-VM support (EVM, NeoVM, WASM with WASM-JIT), Layer 2 scalability (Goshen Network, incubated March 2023), and cross-chain bridges to Ethereum, BNB Chain, Tron, and other networks. The trust layer comprises ONT ID (a W3C-CCG-compliant decentralized identity solution with 1M+ IDs created), DDXF (decentralized data exchange framework), OScore (self-sovereign credit score), and Orange Protocol (on-chain reputation).

The product surface is anchored by ONTO Wallet (self-custodial, available on iOS, Android, and browser extension), the ONT ID portal (ont.id), a staking platform with liquid staking, a block explorer, and a developer faucet. The native dual-token system comprises ONT (governance/staking, with $200M+ staked) and ONG (gas, permanently supply-capped at 800 million after a 200 million burn in 2024). The company serves three primary segments: Web3 developers and dApp builders (via EVM compatibility, docs, and GitHub); enterprise customers in mobility/logistics (Daimler Mobility, ZAICO) via custom blockchain solutions; and crypto token holders/stakers earning ~20% estimated yield.

The go-to-market combines community-led growth (Harbinger program in 30+ languages, Discord/Telegram, hackathons) with product-led self-serve distribution (ONTO Wallet, ONT ID portal, staking) and direct enterprise sales. Revenue mechanics are non-traditional: ONG gas fees flow to network validators rather than the corporate entity, staking rewards incentivize token holders, and enterprise custom solutions are individually contracted but not publicly priced. Major strategic inflection points include becoming sole DID partner for BNB Chain (February 2021), an 80% on-chain gas fee cut (January 2025), and a 2026 roadmap pivot toward data sovereignty, sovereign AI data models, and real-world asset tokenization consolidated into ONTO Wallet.

Name

Ontology

Legal name

Ontology

Website

https://ont.io

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

Ontology is a private, Singapore-headquartered public blockchain company specializing in decentralized identity (ONT ID) and on-chain data trust for Web3 developers, enterprise customers in mobility/logistics, and crypto token holders, operating an EVM-compatible L1 with VBFT consensus, multi-VM support, and a self-custodial wallet ecosystem.

Ownership category

akta.pro rank

Product category

Blockchain Infrastructure / Decentralized Identity

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Custom Computer Programming Services (541511), Computer Systems Design and Related Services (5415)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373), Services-Prepackaged Software (7372)

akta.pro primary industry

Decentralized Identity (DID) & Identity Wallets (DID methods, DIDComm, identity agents) (FSAPACAG)

akta.pro secondary industries

Smart Contract Wallets / Account Abstraction (MPC/AA, social recovery, paymasters) (FSAPACAB), Account Abstraction & Smart Wallet Tooling (AA SDKs, paymasters, session keys) (FSAPABAK), Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned) (FSAPAIAL), Blockchain Data & Indexing Infrastructure for Finance (Nodes, Indexers, Oracles) (FSAGAMAL)

Keywords

• Decentralized identity
• Blockchain infrastructure
• Self-sovereign identity
• Verifiable credentials
• Web3 trust layer

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations

Revenue model

1. ONG Gas Fees: ONG is the gas token powering all transactions and smart contract execution on the Ontology network. Users pay ONG for transaction fees, dApp interactions, and smart contract execution, creating a continuous demand for the token.
2. ONT Staking Ecosystem: ONT staking generates ONG rewards for stakers, enhancing network security and stability. This creates a staking economy where token holders earn passive income while supporting the network, indirectly supporting the Ontology ecosystem's value.
3. Custom Blockchain Solutions / Enterprise Services: Ontology provides tailored blockchain solutions to enterprises (e.g., Daimler Mobility for mobility solutions, ZAICO for logistics). These are custom implementations of Ontology's infrastructure for specific industry use cases.
4. Sovereign AI Data Models: Per the 2026 roadmap, Ontology is developing sovereign AI data models to expand token utility and attract institutional interest, targeting data sovereignty and real-world asset tokenization.

Pricing tiers

Go-to-market motion3 records

Distribution channels9 records

Marketing channels7 records

Core offering

Ontology operates a high-performance, open-source public blockchain specialized in decentralized identity and data, anchored by its ONT ID self-sovereign identity protocol, ONTO Wallet (mobile/extension) as the user-facing product hub, and a dual-token system (ONT governance/staking and ONG gas). It provides developers and enterprises with Multi-VM (EVM, NeoVM, WASM) smart contract capability, VBFT consensus, Layer 2 scalability, cross-chain bridging to EVM networks, and supporting modules (staking, liquid staking, Orange Protocol reputation, OScore credit scoring, DDXF data exchange).

Product overview

Ontology is a high-performance, open-source public blockchain platform purpose-built for decentralized identity and data solutions in Web3. The core offering is the Ontology Public Blockchain, which powers a suite of interconnected products: ONT ID provides the foundational decentralized identity (DID) protocol enabling users to own and control their digital identities; ONTO Wallet serves as the consolidated mobile/web/self-custodial wallet and dApp interface for managing assets, identities, and interacting with Web3 (pivoting to be the single unified product hub in the 2026 roadmap); ONT and ONG are the native dual-token system (governance/staking and gas, respectively); staking and liquid staking modules enable token holders to earn rewards and support network security; the Bridge enables cross-chain interoperability with EVM-compatible networks; the Explorer provides blockchain transparency; the Faucet supports developers; Orange Protocol builds trust-based systems using on-chain reputation scores; and additional modules include OScore (self-sovereign credit scoring), Wing Finance (credit-based cross-chain DeFi), OWN (Web3 infrastructure), Goshen Network (Layer 2 scaling), and DDXF (decentralized data exchange). The platform supports Multi-VM (EVM, NeoVM, WASM), processes over 5,000 transactions per second, and has achieved 8 years of secure operation with 1M+ ONT IDs created and $200M+ ONT staked.

Differentiator

Problem solved

Functional benefit

Brands

• ONTO Wallet: Secure, self-custodial mobile wallet for managing assets, identities, and interacting with Web3 dApps
• ONT ID
• Orange Protocol
• Wing Finance
• ONT.ai

Products and services

• ONTO Wallet Self-custodial wallet (Android, iOS, Google Extension) for managing crypto assets, ONT ID digital identities, connecting to dApps, interacting with Web3, and accessing one-click ONT staking and liquid staking. Targeted at retail crypto users and developers; positioned as the consolidated product hub in the 2026 strategy.
• ONT ID Decentralized identity (DID) protocol enabling users to create and control their own digital ID and data through verifiable credentials designed for interoperability. W3C-CCG DID compliant and integrated across the Ontology ecosystem; 1M+ ONT IDs created and 1.5M+ users as of September 2021. Targeted at Web3 users, developers, and enterprises needing self-sovereign identity, KYC, and verifiable credentials.
• ONT Staking Staking service allowing ONT token holders to delegate to consensus nodes, support network security, and earn ONG rewards (estimated ~20% average yield) with one-click onboarding via node.ont.io. Targeted at ONT token holders seeking passive yield and network participation.
• Liquid Staking Liquid staking product (beta launched November 2023) that lets ONT holders earn staking rewards while retaining liquidity of their staked assets. Targeted at ONT token holders who want yield without locking up capital.
• Orange Protocol Trust-based protocol for building on-chain reputation systems using reputation scores and verifiable credentials, including a Reputation Studio for managing trust metrics. Targeted at developers and organizations building reputation-based dApps on Ontology; supports the broader 2024 Humanity Score initiative.
• OScore (Ontology Score) Self-sovereign credit scoring system launched in September 2020 that enables users to build and maintain creditworthiness assessments on-chain without centralized intermediaries. Targeted at DeFi platforms, lenders, and users needing portable, decentralized credit evaluation.
• Wing Finance First credit-based cross-chain DeFi platform launched September 2020, integrating Ontology's trust and credit mechanisms (OScore) for lending and other DeFi services across multiple blockchain networks. Targeted at DeFi users and liquidity providers.
• Ontology Web3 Network (OWN) Web3-native infrastructure released in June 2022 that provides decentralized infrastructure services for building and deploying dApps on Ontology. Targeted at Web3 developers building production-grade applications on the Ontology network.
• Goshen Network Layer 2 scaling solution incubated by Ontology in March 2023, aimed at improving throughput and scalability for Ontology-based applications. Targeted at developers and dApps requiring higher transaction capacity.
• ONTO Bridge Cross-chain bridge (bridge.ont.io) enabling token swapping and ONG transfer between Ontology and EVM-compatible networks such as BNB Chain, Ethereum, Tron, Base, Linea, ZkSync, and TON. Targeted at users and dApps needing cross-chain liquidity and interoperability.
• Custom Enterprise Blockchain Solutions Tailored, direct-sales blockchain implementations of Ontology's identity and data infrastructure for enterprise use cases, including Daimler Mobility's in-car identity and payments ('Welcome Home' app), ZAICO's tamper-proof logistics and inventory records, and ROCKI's DID-based KYC and music NFT platform. Targeted at large enterprises in automotive/mobility, logistics/supply chain, and regulated industries; pricing is custom and multi-year.

Quantifiable outcome

• 1M+ ONT IDs created, enabling self-sovereign digital identity for users
• +6 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration25 records

AI capability2 records

Feature11 records

Partnerships

14 partnerships are on record, tiered flagship, core, major and minor.

• Daimler MobilityflagshipStrategic or Co-development Partner · 25 September 2020Daimler Mobility partnered with Ontology for an automobile blockchain platform, using Ontology mobility solutions for payments, vehicle identification, and data sharing. Daimler also co-developed the 'Welcome Home' app with ONT ID technology in January 2021. This is Ontology's flagship enterprise partnership in the automotive/mobility sector.
• BNB ChaincoreStrategic or Co-development PartnerOntology became the sole DID partner for BNB Chain (formerly Binance Smart Chain) in February 2021. This strategic partnership enables ONT ID integration across the BNB Chain ecosystem, providing decentralized identity solutions for BNB Chain projects and users.
• Wing FinancecoreStrategic or Co-development PartnerWing Finance is the first credit-based cross-chain DeFi platform, launched in partnership with Ontology in September 2020. It leverages Ontology's trust framework for DeFi lending with built-in credit evaluation (OScore). ONT and ONG holders can participate as liquidity providers.
• ROCKIcoreStrategic or Co-development PartnerROCKI, a next-generation streaming music platform on Binance Smart Chain, partnered with Ontology for decentralized identity (DID) and KYC for privacy, security, and self-sovereignty. Artists can mint musical NFTs and transact safely using Ontology DID solutions.
• ZAICOcoreStrategic or Co-development PartnerZAICO, a cloud inventory management software company, partnered with Ontology to develop and deploy blockchain tamper-proof functionality for logistics and inventory management. The partnership significantly reduced ZAICO's data storage and processing costs while ensuring information security and privacy.
• ChainlinkcoreTechnology or IntegrationChainlink is listed as an ecosystem partner, providing oracle services that can be integrated with Ontology's blockchain for external data feeds and smart contract automation.
• BinancecoreChannel Partner/ Reseller/ DistributorBinance is the primary CEX listing for ONT token (USDT, USDC, TRY, BTC trading pairs). Additionally, Ontology became the sole DID partner for BNB Chain (Binance's blockchain), indicating a deep distribution partnership.
• Upbit, OKX, Bithumb, Bitget, Crypto.com ExchangemajorChannel Partner/ Reseller/ DistributorMajor CEXs listing ONT token: Upbit (KRW), OKX (USDT, USDC), Bithumb (KRW), Bitget (USDT), Crypto.com Exchange (USD). These exchanges provide global and regional distribution for ONT token across Korean, European, and global markets.
• Decentralized Identity Foundation (DIF)coreStrategic or Co-development PartnerOntology joined the Decentralized Identity Foundation (DIF) on December 27, 2017, and Ontology's DID (ONT ID) was officially added to W3C-CCG DID in August 2018. Ontology co-sponsored a decentralized identity hackathon with DIF in November 2023.
• IEEEcoreStrategic or Co-development PartnerIn June 2019, blockchain standards proposed by Ontology were approved by IEEE, establishing Ontology's role in blockchain standards development.
• Orange ProtocolcoreStrategic or Co-development PartnerOrange Protocol is featured as a key ecosystem product for building trust-based systems using on-chain reputation scores and verifiable credentials. It extends Ontology's trust infrastructure.
• Goshen NetworkmajorStrategic or Co-development PartnerIn March 2023, Ontology incubated Goshen Network as a new Layer 2 solution, expanding Ontology's scalability infrastructure.
• DorahacksmajorGTM or Marketing PartnerOntology x Dorahacks Grant Hackathon launched in April 2022 to incentivize ecosystem development. Dorahacks provides the platform and community for Ontology's grant and hackathon programs.
• Alchemy Pay, Guardarian, ChangeNowminorChannel Partner/ Reseller/ DistributorFiat on-ramp partners enabling bank card purchases of ONT/ONG via Visa, Mastercard, Apple Pay, Google Pay, and SEPA transfers. Widens accessibility for fiat-to-crypto conversion.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Market position

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• GitHubgithub.com/ontio
• Xx.com/ontologynetwork

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds3 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ontology