ONINO Price (ONI)

What Is ONINO?

ONINO is a layer-1 data storage solution that enables users to verify and store their real-world identity data securely on-chain, and to connect it to their assets scattered across different networks using the cross-chain ONINO wallet. The layer-1 solution also provides the base technology for a vibrant ecosystem of virtually limitless identity-based C2C, B2C, and B2B use cases with real utility, built by both, ONINO as well as dApp developers from every network.

More details about ONINO’s mission can be found in the Litepaper

What Is The ONI Token?

ONI will be the native utility token of ONINO. It will be used to fuel the data reading and writing transactions within the ONINO ecosystem and to run the Proof-of-Stake protocol. ONI is initially launched as a BSC token for community building during the development phase and will be migrated to the native layer-1 token as soon as development is completed. The native ONI token’s transaction fees will fuel the staking rewards fund, the liquidity mining fund, and the innovation fund, which will sponsor innovative layer-2 projects.

What Are ONINO’s Core Products?

For Users: The ONINO Wallet, a lucid cross-chain wallet to help users keep an overview of their web3 assets across different networks and link them to their real-world identity For Developers: The ONINO Dual-Chain, a layer-1 core technology that enables dApp developers to create identity-based layer-2 applications either on the ONINO network or on any other network via API

What Are ONINO’s Future Use Cases?

Selected Examples: Identity verification in the Web3, for example for age verification or KYC One-click generation of comprehensive crypto tax documents Digital Twin NFTs of real-world assets connected to your identity, preventing counterfeiting and theft On-chain document storage and verification, for example for contracts, certificates, or employer references Decentralized insurance systems

How Many ONI Tokens Are There In Circulation?

In total there are 100,000,000 ONI tokens. Currently, about 81%, including all team, advisor, and developer tokens, are locked with UniCrypt. 13% of all tokens were distributed in pre-launch rounds and 2% of all tokens were provided as initial liquidity for the launch on PancakeSwap. In addition, 14% and 15% of all tokens are reserved respectively for staking rewards and liquidity mining rewards to fuel the ONINO Farm. More information can be found in the Tokenomics.

Where Can I Stake and Farm The ONI Token?

ONI has launched on January 22nd on PancakeSwap. More exchanges to follow soon!

The ONI token can be used for Yield Farming in the ONINO Farm