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#ONT 1. What exactly is the developer of ONT mainnet coin?
Core Development Team:
1. Founder: Li Jun
- Former core founder of NEO (Antshares)
- Early well-known developer in the blockchain industry
2. The company behind it: Onchain Distributed Technology
- Shanghai Distributed Information Technology Co., Ltd.
- Legitimate registration, official office, technical team
3. Relationship with NEO (Antshares)
- Developed by the same early team, creating two chains
- NEO is a smart contract public chain
- ONT focuses on identity verification, compliance, and enterprise-level blockchain
In a nutshell:
ONT is a public chain project developed by an established, legitimate domestic team. It’s not a scam coin or a pump-and-dump scheme.
2. Is ONT mainnet coin legal? Is it compliant? (2026 China Policy)
Here’s the most accurate, unambiguous conclusion:
1. The project itself = Legal and compliant
- Open-source technology
- Has a real company
- Has government/enterprise partnership cases
- Supports national cryptography algorithms and compliance frameworks
- No illegal fundraising or illegal ICO history
→ The project is a legitimate blockchain technology project.
2. In China: Trading, exchanging, and cashing out = Illegal
The policies from the People’s Bank of China, Supreme Court, and CSRC have remained unchanged:
What you can do (without breaking the law):
- Holding ONT personally is not illegal
- Researching technology and learning about blockchain is not illegal