Infinito and Ontology Announce Formal Partnership, Infinito Wallet to Support ONT MainNet

Infinito Wallet and Ontology are formally announcing our formal partnership. Both sides promise to bring to the most exciting news and offers to crypto users.

Infinito welcomes Ontology

Infinito welcomes Ontology

The universal Infinito Wallet, which supports leading cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, EOS, Litecoin, GAS, Dash, ETC, and Dogecoin along with tokens of ETH ERC20, NEO NEP-5, and EOS standards, will fully support Mainnet ONT and ONG token by early Nov 2018 as part of its roadmap. Ontology is a new high-performance public blockchain project and distributed trust collaboration platform that provides modules and protocols to support this trust platform’s underlying infrastructure.

Infinito and ONT are exploring opportunities for further technical collaboration. Potentially, Ontology can become one of Infinito’s many Service Partners including industry leaders such as Blockpass and Coinfirm.

MainNet ONT and Infinito Wallet’s Dedication to Exceptional User Experience Ontology uses a dual token (ONT and ONG) model. At first, ONT is a NEP-5 token and does not release ONG. After the launch of Ontology's MainNet, users will be able to exchange NEP-5 ONT for ONT on the MainNet Ontology, which will start to release ONG periodically. Ontology requires all users to complete the MainNet ONT token swap before October 1st, 2018.

As NEP-5 ONT token and ONT token will visually share the same logo, Infinito team has opted to remove NEP-5 ONT from our token list to prevent any confusion for end users. Specifically aiming to help new users to ONT, this change will disable new users from adding NEP-5 ONT tokens to their wallet. This, however, will not affect current users who have already added NEP-5 ONT token to their wallet as Infinito Wallet has no intentions of removing existing added assets from users’ wallets without their consent.

Infinito Wallet will additionally display a warning message in NEP-5 ONT token’s “Receive Tab” to inform users that this chosen token address is not the one on MainNet ONT. Therefore, users need to review carefully before making any actions with this address if their goal is to move their ONT MainNet assets.

It is Infinito team’s highest priority to allow users to interact with crypto assets intuitively and securely through our universal wallet. We have taken additional measures to ensure a seamless and safe user experience, thereby further reinforcing this foundational value. All of these measures in preparation for MainNet ONT shall be applied with Infinito Wallet’s upcoming 1.14.0 version update on 28 August 2018.

Get in touch with Infinito Wallet and ONTology via our respective Telegram groups for more information as well as further support!

About Ontology

Ontology is a diverse, integrated, distributed trust network and the infrastructure for building a trust ecosystem. Ontology encourages trust cooperation and allows projects of all shapes, sizes, and technologies with different business scenarios and compliance requirements to pass through Ontology’s chain networks and take advantage of the distributed trust network how they see fit.

In early July 2018, Ontology announced the launch of its Mainnet, Ontology 1.0. Ontology 1.0 provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems, and at the same time supports public chain customization and chain network collaboration, while continuously providing common modules in various distributed applications. This new network includes protocol for decentralized identity authentication, distributed data management, and credit score.

About Infinito Wallet

Positioning as a leading universal wallet for crypto users, Infinito Wallet serves as a gateway for users to maximize usage and potentials of their cryptocurrencies. By selectively expanding our partner network, Infinito Wallet aims to build an ecosystem of practical blockchain services including exchanges, ID/KYC solutions, and other blockchain-related business services. At the same time, we help support communities of developers and businesses with an open blockchain infrastructure of technologies and compliant-ready services, so that they can seamlessly build, launch, and operate innovative products and services efficiently.

Infinito Wallet Team has intensive professional experience in blockchain domain, plus a team of 70 committed members including developers, designers, researchers, business and marketing executives, and customer service officers. Registered in the Isle of Man – UK, Infinito Wallet is a part of Infinity Blockchain Labs Europe, with a single mission to be the world number one cryptocurrency wallet for communities.