I'm only holding a few Neo (less than 5) that I bought for a little over $50 , would it be a good idea to some for ONT?
Completely different projects. I think it's worth having two of these projects in own portfolio
I'm guilty I did not read the white paper on ONT, I assumed it was the same project as Neo a rookie mistake on my behalf. I thought because they gave out some ONT to Neo holders I assumed it was the same project..
These are technically very different coins, despite the fact that they are associated with one group of people and companies.
Ontology (ONT) is developed by Onchain, while the NEO is a separate project that is fully funded by the community. Onchain uses the NEO ecosystem. The product, called DNA, is very similar to NEO, but it is written in "Go". OnChain helps other blockers and financial institutions build their block chains with DNA. This is basically very similar to NEO, and in the future they can be linked together.
ONT is a trust structure that mainly focuses on issues of trust, authentication and secure data transfer, while NEO is a more traditional block code with its own currency, which focuses on transactions related to the purchase, sale and trading.
ONT & NEO are both good for invest.