Adhering to the principle of "entity oriented", Ontology announced that TOP Network, a distributed communication cloud project, would join the Ontology ecosystem as an incubation project in September of last year. Since then, Ontology has provided rounded support on strategic investment, technical operation, and blockchain ecosystem development.

Recently, Huobi Global officially announced that TOP Network has “excellent potential” and was selected as Huobi Prime’s first blockchain project based on analysis of hundreds of DLT initiatives. Huobi Prime is a selective token listing channel which explores the potential of blockchain applications, gathering industry resources and promoting the development of blockchain ecosystems. Huobi Prime officially opens on March 26, 2019 (GMT+8).

Ontology provides incubation support for TOP Network’s basic underlying technologies including services such as identity management, data exchange, and high-performance smart contracts, as well as overall blockchain system integration. Both parties are working together to establish an open platform and developer ecology using the blockchain. Through the guidance of Ontology, TOP will develop decentralized applications using its own communication technology, and dApps in the Ontology ecosystem will be able to utilize these communication services to enable more efficient communication and decentralization to the overall ecosystem.

About TOP Network

TOP Network is building a distributed communication network that provides messaging, proxy, streaming, CDN, IoT data sharing, storage, and other decentralized communication services. Using standard P2P communication and storage protocols, TOP disrupts the traditional client-server model and allows users with idle bandwidth and storage capacity to become providers and offer relevant services to other users. TOP Network uses a high-performance, DAG-based blockchain to provide support for a variety of decentralized applications.

** About Ontology **

After launching over a year ago, Ontology has made steady progress on their roadmap, introducing their mainnet in June 2018. They have expanded their team and been active in the community, promoting development on the Ontology ecosystem. Recently, the Ontology team released their designs for STOs and sharding, as well as dApp incentive models which have generated a lot of chatter in the blockchain community.

Incentives for Developers

Rather than chase the cryptocurrency bull market, Ontology waited until their technology was completely ready to release their incentive mechanism. Ontology welcomes developers with open arms and is even willing to foot the bill. Application incentives and technical support are available through four main dApp programs.

Incentive Model A: Transaction Fee Rebate

50% of all transaction fees (ONG) generated by the dApp will be returned to the dApp developer (60% for the first three months).

Incentive Model B: Active dApp Incentives

dApps which rank in the top 50 for activity are rewarded by the Ontology Foundation.

Incentive Model C: dApp Development Loan Program

In order to jumpstart developers to build dApps on Ontology, a loan program is available to provide developers with financial support from the outset. Developers can acquire a loan from the Ontology Foundation for the initial phases of dApp development, testing, and operation until the application is running smoothly.

Incentive Model D: Technical and Marketing Support

dApp developers can advertise projects using the dApp page on the official Ontology website. After the technical team evaluates the project, Ontology will assign a project owner to help develop and market the dApp throughout its lifecycle.

Follow Ontology

Ontology website: https://ont.io/

Medium: https://medium.com/ontologynetwork

GitHub: https://github.com/ontio/

Telegram: https://t.me/OntologyNetwork/

Discord: https://discordapp.com/

Twitter: https://twitter.com/OntologyNetwork/

Reddit: https://old.reddit.com/r/OntologyNetwork/