Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

What is Holo (HOT)?

Holo basic info

Name:Holo
Ticker:
Introduction:

What Is Holo?

Holo is a peer-to-peer hosting platform that seamlessly combines the benefits of both decentralized and centralized systems, eliminating the drawbacks commonly associated with them. Founded by Arthur Brock and Eric Harris-Braun in 2017, Holo aims to revolutionize the way we perceive and use applications in the digital space. At its core, Holo facilitates a distributed hosting environment for Holochain applications, commonly referred to as hApps, enabling a bridge between the decentralized world of blockchain and the centralized web that we use daily.

The Holo network employs technology akin to peer-to-peer file-sharing systems like BitTorrent and version controllers like GitHub. This innovative approach allows app developers to host their app's code and database on their devices, distributing them to others with surplus computing power who can maintain a 24/7 online presence. This strategy not only ensures data integrity but also optimizes the collective computational power of the network, avoiding the scalability issues often encountered with blockchain networks.

Resources

Whitepaper: https://holo.host/whitepapers/

Official Website: https://www.holochain.org/

How Does Holo Work?

Holo operates on an agent-centric approach, where every node in the network runs its own blockchain as a database for multiple applications. This framework gives users more control over their data, allowing them to make alterations to the backend code, which traditionally remains locked in servers. This transparent and verifiable process brings user consent to an unprecedented level, promoting a more data-friendly internet.

In the Holo network, nodes have the autonomy to choose which apps to host, based on the smart contract agreements set by the app developers. This dynamic system adjusts the payout for renting computing power based on the number of nodes hosting the app, ensuring a balanced and efficient network. The Holo application framework safeguards the data of all parties involved, including the app developers, users, and the nodes hosting the app and user data, establishing a secure and reliable ecosystem.

Furthermore, Holo introduces a community-run cloud server, where changes to the app are distributed across the network to those hosting the app, verified through unique cryptographic signatures to prevent unauthorized alterations. This decentralized network, however, does not guarantee the decentralization of the applications themselves, as developers retain the right to make changes to the app's source code.

What Is HOT Token?

The HOT token is the native token of the Holo network. Initially launched in 2018, the HOT token facilitates transactions between developers and Holo nodes, governing the distribution of apps and computational resources. The upcoming release of the Holochain mainnet promises to enhance data security and introduce HoloFuel, a new native coin that can be swapped with HOT tokens at a 1:1 ratio, offering expanded utility and facilitating a seamless exchange process within the Holochain ecosystem.

Holo's Impact on Finance

Holo's innovative approach to app hosting presents a promising alternative to the existing decentralized philosophy, potentially paving the way for a more data-friendly internet. By empowering users with greater control over their data and offering a scalable, secure, and energy-efficient platform, Holo stands as a formidable contender in the blockchain industry. Its potential to facilitate billions of microtransactions daily through a mutual-credit accounting system positions it as a significant player in the financial sector, promising a future where transactions are faster, more secure, and user-centric.

Moreover, Holo offers a lucrative opportunity for individuals to generate passive income by sharing idle computational resources, fostering a community-driven financial ecosystem. As the adoption of Holochain and the Holo network increases, the value of the HOT token is expected to appreciate, presenting a potentially rewarding investment opportunity in the burgeoning cryptocurrency market.

What Determines Holo's Price?

In the ever-evolving world of cryptocurrencies, the Holo (HOT) price has been a hot topic, attracting keen interest especially due to its promising trajectory and innovative technology. Established in 2017 by founders Eric Harris-Braun and Arthur Brock, the Holo network emerges as a potent alternative to traditional blockchain technology, presenting a peer-to-peer (P2P) hosting platform for Holochain applications, or hApps.

Aiming to bridge the gap between the decentralized world of Holochain apps and the central web infrastructure we use daily, the Holo network fosters a fresh economy of P2P transactions. This distinctive approach to decentralized hosting has grabbed investors' attention, catapulting the Holo (HOT) price today into trending topics in the cryptocurrency sphere.

Acting as the native cryptocurrency of the Holochain, the HOT token functions as a utility within the Holo network, rewarding users who contribute computational power to the network. Currently anchored on the Ethereum network, the HOT token is slated to soon be exchangeable for HoloFuel, a mutual-credit currency underpinned by an asset, potentially enhancing its utility and influencing the HOT crypto price prediction. As of this writing, the total supply of HOT tokens clocks in at around 177.6 billion, boasting a market cap nearing $182 million and a current value of $0.001056 USD. Investors and aficionados keeping track of the Holo (HOT) live price update and HOT token price USD are scrutinizing these metrics closely, acknowledging their critical role in HOT token price analysis.

Conclusion

In the rapidly evolving realm of blockchain technology, Holo emerges as a groundbreaking peer-to-peer hosting platform, marrying the decentralized world of blockchain with the everyday centralized web infrastructure. Its unique agent-centric approach, characterized by enhanced user control and data transparency, is revolutionizing the digital application space, fostering a new era of user-friendly internet. At its core, the Holo network utilizes its native HOT token, a key player in facilitating transactions and computational resource distribution within the ecosystem. As Holo positions itself as a significant player in the financial sector, offering scalable and secure solutions, it beckons a promising future with faster and more user-centric transactions. Moreover, with the upcoming integration of HoloFuel, the network stands poised to further cement its stance in the cryptocurrency market, potentially offering lucrative investment opportunities. Keep a close eye on the Holo network as it continues to redefine decentralized hosting and blockchain applications, ushering in a new wave of innovative, community-driven financial ecosystems.

Show more
Current price:
All-time high:$0.03157
All-time low:$0.0002189

HOT supply and tokenomics

Circulating supply:174,056,730,000 HOT
Total supply:177,619,433,541.14 HOT
Max supply:0 HOT
Market cap:$375.04M
Fully diluted market cap:$382.72M
Token allocation:
Public sale
75.00%
Team and Company
25.00%
Tokenomics:

Uniqueness

According to its "green paper," Holo is designed to act as a bridge between Holochain, which represents the world of crypto technology, and everyday users. The project highlights several innovations that it says will "enable a large shift in the landscape of crypto applications and currencies," including the ability to host P2P apps on the internet for mainstream users.

The Holo network relies on a series of hosts that 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, hosts are paid in HoloFuel, a token that is specifically designed for microtransactions. The design of HoloFuel is expected to allow the Holo network to process billions of simultaneous transactions.

The project's business plan centers on building a P2P ecosystem of hosts and applications, comparing its intended effect on app hosting to that of Uber and Airbnb on the taxi and hotel industries, respectively. Holo charges a fee on HoloFuel transactions, so its revenue model is directly tied to growing the number of applications and hosts on the network.

Links

Buy Holo for $1Buy HOT now

What is the development prospect and future value of HOT?

The market value of HOT currently stands at $375.04M, and its market ranking is #167. The value of HOT is widely recognized by the market. When the bull market comes, the market value of HOT will likely continue to increase.

Moreover, if HOT can play a greater role in practical applications, such as Holo builders fully leveraging the potential of HOT, partnering with more businesses, and increasing its user base, the long-term value of HOT will be significantly enhanced.

What will the price of HOT be in 2025?
Based on HOT's historical price performance prediction model, the price of HOT is projected to reach $0.002535 in 2025.
What will the price of HOT be in 2030?
In 2030, the HOT price is expected to change by +10.00%. By the end of 2030, the HOT price is projected to reach $0.002994, with a cumulative ROI of +44.61%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of HOT and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is HOT worth investing or holding? How to buy HOT from a crypto exchange?

If you want to buy HOT, the following information may be helpful for your investment decisions:
In the last 7 days, the price of HOT has fallen by -4.38%, leading to negative returns for most HOT investors. The market is currently pessimistic about the price trend of HOT.
It is important to note that the current price of HOT has retreated by -93.17% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether HOT is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in HOT or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of HOT, if you want to buy or sell HOT, you can consider Bitget for your trading needs. The best place to buy HOT is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Holo has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Holo. Here's a step-by-step guide on how to buy Holo on Bitget.

How to get Holo through other methods?

Using cash to buy Holo is not the only way to obtain Holo. If you have the time to spare, you can get Holo for free.
Learn how to earn Holo for free through the Learn2Earn promotion.
Earn free Holo by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Holo airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Holo through Bitget Convert, Bitget Swap, or spot trading.

What is Holo used for and how to use Holo?

The use case of Holo may expand as the crypto market and the project itself develop. Currently, you can use HOT to achieve the following goals:
Arbitrage by trading HOT: Since HOT is a frequently traded cryptocurrency, the price of HOT is always fluctuating. Earn more HOT by buying low and selling high on the exchange. Bitget spot market provides a variety of HOT trading pairs to fully meet your needs.
Earn by staking HOT: You can also generate income through financial management methods such as staking HOT or lending HOT. Bitget Earn offers a variety of financial products designed to help you earn more income from your HOT.
Send or pay HOT: If you want to give HOT to your friends, a charity, or a fundraiser, or you want to pay someone with HOT, you can quickly and easily send HOT to the recipient through their payment address.
You can also go to the official website of the Holo project to learn more about the use cases of HOT. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

Learn about other cryptos

Trending coin prices

More
Assets with the biggest change in unique page views on Bitget.com over the past 24 hours

Where can I buy Holo (HOT)?

Buy crypto on the Bitget app
Sign up within minutes to purchase crypto via credit card or bank transfer.
google download badgeios download badge
Trade on Bitget
Deposit your cryptocurrencies to Bitget and enjoy high liquidity and low trading fees.