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| Type of business | Private |
|---|---|
Type of site | Social network service |
| Headquarters | China |
| Key people | Ke Xu, Founder, CEO, Chief Ecosystem Designer |
| Industry | Internet |
| Employees | 11-50 |
| URL | www |
| Users | 210,079 |
| Launched | 2018 |
ONO is a decentralized blockchain-based social network built on EOS, which rewards users with ONOT, its native ERC20 token.
The Nome Foundation is a privately held company based in Australia and is the business entity behind ONO. The company is owned by Ke Xu, founder and CEO of ONO.
ONO is short for "Oh Nome." Nome "basically means a province where people live and it originated in ancient Egypt. There were 42 nomes in ancient Egypt with each nome being led by a nomarch."[1]
Ke Xu adds that nome "can be defined as a combination of the social concepts inherent in the words, name and home, both of which carry a deep significance for the social nature of human beings. Humans are fundamentally driven by social impulses, so the words, name and home embody these social foundations on which our lives are based." [1]
"There is yet another meaning of nome, when it is split into two words: no and me which means ‘know yourself,’ as originated by Socrates. Knowing yourself remains to be one of the things we can aspire towards in a new social network." [1]