HoloTokens (HOT) are ERC20 tokens on the Ethereum blockchain initially distributed to participants of Holo’s ICO, which was completed in April 2018. The Holo team considers this as a presale of their Holo Fuel (used to purchase hosting in the Holo ecosystem), for which the tokens can be exchanged upon the launch of the platform.
Holo is a decentralized hosting platform that bridges everyday internet users with decentralized apps developed on the Holochain network. Holochain positions itselfShow more [+] a more efficient network as opposed to the traditional blockchain by employing a system that eliminates the need for system-wide consensus. Through this, it aims to not only solve the problem of scalability on the blockchain when it comes to building decentralized apps, but also save on the computational power necessary to ensure data integrity. It also lends itself to more developers as it supports Javascript and Lisp.
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