Holo is a decentralized peer-to-peer platform designed to host distributed applications (DApps) using Holochain, a framework that doesn’t rely on traditional blockchain technology. The primary aim of Holo is to connect the wider internet with Holochain-based applications, providing an ecosystem and marketplace where these DApps are easily accessible, as they are hosted online by participants of the Holo network.
The network’s functionality will be supported by a token known as HoloFuel, which is currently undergoing testing and will serve as a payment system for compensating hosts for their services. Back in 2018, the project released an ERC-20 token named HOT, or HoloToken, as a sort of “IOU” that will be exchangeable for HoloFuel once it officially launches.
Holo is still under development, with plans to roll out alpha and beta testing phases open to the public by 2021.
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