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About Holo

Holo (HOT) is an Ethereum token that powers Holo, a distributed peer-to-peer hosting platform for Holochain apps (hApps). Users who host hApps on their personal computers can receive HOT tokens in return.

Holo (HOT) is a distributed platform for hosting decentralized applications (DApps) built using Holochain, a framework that does not require the use of blockchain technology. Holo serves as a bridge between the broader internet and apps built using Holochain, creating an ecosystem and marketplace where DApps are easily accessible. The Holo network is facilitated using a token called HoloFuel, which is designed to act as an accounting system to pay hosts for their services. In 2018, the project minted an ERC-20 token, HOT — also known as HoloToken — as an "IOU" that will be redeemable for HoloFuel upon launch.

Holo operates on a peer-to-peer network where hosts provide storage and processing power for DApps built using Holochain. Hosts either install software on their computer that runs in the background and automatically allocates extra processing power to Holochain-based DApps, or they operate a dedicated machine such as a HoloPort. In exchange for their services, hosts are paid in HoloFuel, a token specifically designed for microtransactions. The design of HoloFuel allows the Holo network to process a large number of simultaneous transactions.

Holo is designed to act as a bridge between Holochain, which represents the world of crypto technology, and everyday users. The project introduces several features that it says will "contribute to the landscape of crypto applications and currencies," including the ability to host P2P apps on the internet for mainstream users. The Holo network's business plan focuses on developing a P2P ecosystem of hosts and applications, with a potential impact on app hosting similar to that of other sharing economy platforms on their respective industries.

Holo was founded by Arthur Brock and Eric Harris-Braun, both of whom are experienced contract coders. The two first started working on the project in December 2016 as a part of the MetaCurrency Project, a developer of tools and technology designed to power a future P2P economy. Holo was partially modeled after Ceptr, a cooperative P2P framework for DApps that the two had previously worked on. Brock has prior experience coding alternative currency systems as the founder of Geek Gene, a company that developed community-building tools, including more than 100 alternative currency solutions. Harris-Braun started programming full time in 1988 and is the founder of Glass Bead Software, a developer of peer-to-peer communication software.

Market

Australia Market Stats

Market cap

A$614.8M

Volume (24h)

A$23.6M

Circulating supply

173.3B HOT

All time high

A$0.0484

Price change (1h)

+2.93%

Price change (24h)

+3.53%

Price change (7d)

-11.79%

Australia News about Holo

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Decrypt • May 01, 24

Bitcoin ETF Leader BlackRock Leads $47M Funding Round in Securitize

BlackRock’s BUIDL fund, created with Securitize, has $375 million in assets under management.

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The Block • May 01, 24

Stablecoin volumes stay strong as FDUSD hits record high, while USDT declines

April volumes shrank slightly as FDUSD and USDe had their best months ever, a sign the market is primed to grow more.

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BeInCrypto • May 01, 24

Crypto Security Exploits See 141% Drop in a Month

April 2024 marked a significant milestone in crypto security, with losses plummeting by 141% to a historic low of $25.7 million. This reduction suggests a marked improvement in blockchain defenses.The post Crypto Security Exploits See 141% Drop in a Month appeared first on BeInCrypto.

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Decrypt • May 01, 24

Tether Netted $4.52 Billion Q1 Profit Thanks To Bitcoin Gains

Tether’s Bitcoin investment is paying off, achieving much greater profit than the company’s immense bond portfolio.

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Decrypt • May 01, 24

BNB Chain's $1M Meme Innovation Contest Is 'Unleashing Meme Coin Creativity'

The competition aims to encourage developers to create, launch and trade their meme coins on BNB Chain.

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Holo is on the decline this week.

The price of Holo has increased by 2.93% in the last hour and increased by 3.53% in the past 24 hours. Holo’s price has also fallen by 11.79% in the past week. The current price is A$0.0035 per HOT with a 24-hour trading volume of A$23.61M. Currently, Holo is valued at 92.67% below its all time high of A$0.0484. This all-time high was the highest price paid for Holo since its launch.

The current circulating supply of Holo is 173,306,759,543.096 HOT which means that Holo has as total market cap of 173,306,759,543.096.

FAQ

What is the current price of Holo?

We update our Holo to AUD currency in real-time. Get the live price of Holo on Coinbase.

What is the market cap of Holo?

The current market cap of Holo is A$614.84M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Holo?

The all-time high of Holo is A$0.0484. This all-time high is highest price paid for Holo since it was launched.

What is the 24 hour trading volume of Holo?

Over the last 24 hours, the trading volume of Holo is A$23.61M.

What other assets are similar to Holo?

Assets that have a similar market cap to Holo include Casper, Bitcoin Gold, Gas, and many others. To see a full list, see our comparable market cap assets.

How many Holo are there?

The current circulating supply of Holo is 173 billion.

Can I buy Holo on Coinbase?

Yes, Holo is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Holo guide.