# ONT

#ONT Okay, let's continue launching, keep flying, target 0.2.

#ONT This coin was worth dozens of dollars in April 2018, and I didn't sell it. By the end of the year, it dropped to just a few dollars! I lost dozens of dollars right away! I’ll never touch it again!

#ONT It's only been a little over 20 minutes, and they're about to consolidate and eat up the fees. The market maker is really unreasonable.

#ONT This coin is about to make a batch of people financially free again. Just don't know if it'll be the bulls or the bears.

#ONT 1. Who developed the ONT mainnet token?

- Founder: Jun Li, Co-founder Andy Ji
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- Development Entity: Onchain (Shanghai Distributed Information Technology Co., Ltd.), same parent company as NEO (Antshares)
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- Background: Jun Li was a co-founder of Onchain and a core member of NEO; the team mainly comes from finance/technology institutions with strong technical and compliance backgrounds
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- Timeline: Project initiated in 2017, mainnet launched in June 2018

2. Is it legal and compliant? (2026, China perspective)

🔹 Project compliance

- Technical compliance: Selected for the Minist