Rank #163
HOT Holo
HOT Price
$0.00208
-0.1% Market Cap
$362.61M
24H Volume
$23.14M
Circ Supply
174.06B
HOT Explorer & Contracts
Holo Info
Holo (HOT) is the native cryptocurrency of the Holochain ecosystem, a distributed application network that operates on a peer-to-peer basis, offering users the ability to host decentralized applications (dApps) and facilitate payments across the network. Unlike traditional blockchains, Holochain provides each device with its own secure register, enabling seamless interaction and data exchange among network participants. HOT tokens are utilized within the ecosystem to incentivize nodes that support the network infrastructure, allowing users to earn rewards for hosting custom dApps and contributing computational resources.
Holo Features
- Decentralized Hosting: Holochain enables a distributed web where users have autonomy built into the architecture, allowing for secure and resilient hosting of decentralized applications without the need for servers or traditional blockchains.
- HOT Token Utility: HOT tokens serve as the primary means of value transfer within the Holochain ecosystem, enabling fast and cost-effective transactions while incentivizing users to maintain the network infrastructure and host dApps.
- Holochain Technology: Holochain utilizes a unique technology that supports an infinitely scalable Web3 ecosystem, providing users with a platform to develop dApps using languages like JavaScript or Lisp, along with CSS and HTML support.
- HoloFuel Integration: The Holo network utilizes HoloFuel as an accounting system to compensate hosts for their services, with HOT tokens initially minted as ERC-20 tokens to act as placeholders for HoloFuel until its full launch.
- Community Engagement: Holochain fosters a vibrant community focused on exploring the potential of fully distributed, scalable, and peer-to-peer applications, empowering users to generate, own, and control their data in a collaborative environment.
Holo News
Holo Organization & Team
Arthur Brock
Co-founder/Chief Architect
Eric Harris-Braun
Co-founder / Executive Engineer
Ferananda Ibarra
Social media lead Partnership Coordiantion
Matthew Schutte
Communications Director
David Atkinson
Finance and Legal Coordinator
Jean-François Noubel
European Executive Liaison
Holo Intel
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