Holo
HOT
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Holo Info
Holo Team
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Holo Limited is a cloud hosting company owned by the Holochain Foundation, designed to power a distributed hosting network for decentralized applications (dApps). It builds the core infrastructure of the Holo network, including HoloPorts, HoloFuel, and essential hosting applications, enabling a decentralized cloud hosting marketplace that supports a peer-to-peer (P2P) network and applications. Holo Ltd. manages the compliance and regulatory aspects of the business, including the operations of HoloFuel, which serves as the native currency within the ecosystem.
Holochain, distinct from Holo, is an open-source framework for building scalable, agent-centric dApps. The intellectual property of Holochain is maintained separately by the Holochain Foundation. Unlike typical open-source projects that rely on external funding, the Foundation established Holo Ltd. to generate sustainable revenue, ensuring the continued development and maintenance of the P2P network. This model provides a robust foundation for fostering the growth of decentralized applications without the need for centralized servers.
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Q&A about Holo Tokenomics
Explore the tokenomics of Holo(HOT) and review the project details below.
What is the allocation & supply schedule for Holo(HOT) ?
Total Supply
- Initial Total Supply: 177.6 billion HOT
- Circulating Supply: As of the ICO completion, most of the total supply was in circulation, and the supply was capped at this amount, meaning no new HOT tokens will be minted.
Token Allocation
- Public Sale (75%):During the ICO, 75% of the total supply (133.2 billion HOT) was distributed to participants.The ICO raised approximately $20 million in ETH, providing initial funding for the development of the Holo platform and the infrastructure required to deploy Holochain applications.
- Team & Project Reserves (25%):25% of the tokens (around 44.4 billion HOT) were retained by the Holo organization.These tokens are allocated to support ongoing project development, ecosystem growth, and future initiatives, including marketing, partnerships, and technical development.A portion of this reserve is also used to incentivize hosts within the Holo network.
Supply Mechanism and Future Plans
- Fixed Supply: The total supply of HOT is fixed, meaning that no additional tokens will be minted. This fixed supply was created specifically for the ICO, and there are no plans for further HOT issuance.
- Transition to HoloFuel: HOT tokens are primarily a transitional mechanism. Once the Holo network is fully live and functional, users will be able to exchange their HOT tokens for HoloFuel. This new currency (HoloFuel) is designed as a mutual-credit accounting system, which will have a dynamic supply, adjusting based on the demand for hosting services within the Holo network.
Supply Schedule
- Initial Distribution: The initial distribution of HOT was completed through the ICO, and all 177.6 billion tokens were allocated at that time.
- No Further Minting: Since HOT is capped, there is no inflation, and the circulating supply remains stable until users begin converting their HOT tokens to HoloFuel.
- HoloFuel Issuance: HoloFuel, unlike HOT, is not pre-mined. It will be issued dynamically through a mutual-credit system, where supply can expand and contract based on usage and demand within the ecosystem. This makes HoloFuel more adaptable and scalable for the platform’s future needs.
Holo Token Allocation
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Holo Limited is a cloud hosting company owned by the Holochain Foundation, designed to power a distributed hosting network for decentralized applications (dApps). It builds the core infrastructure of the Holo network, including HoloPorts, HoloFuel, and essential hosting applications, enabling a decentralized cloud hosting marketplace that supports a peer-to-peer (P2P) network and applications. Holo Ltd. manages the compliance and regulatory aspects of the business, including the operations of HoloFuel, which serves as the native currency within the ecosystem.
Holochain, distinct from Holo, is an open-source framework for building scalable, agent-centric dApps. The intellectual property of Holochain is maintained separately by the Holochain Foundation. Unlike typical open-source projects that rely on external funding, the Foundation established Holo Ltd. to generate sustainable revenue, ensuring the continued development and maintenance of the P2P network. This model provides a robust foundation for fostering the growth of decentralized applications without the need for centralized servers.