Holo

Holo is a decentralized platform that enables the hosting of dApps (decentralized applications) built using Holochain, a framework that does not rely on blockchain technology. Holo aims to serve as a bridge between the broader internet and applications built using Holochain, a framework that does not rely on blockchain technology. By providing an ecosystem and marketplace, Holo enables easy access to these decentralized applications (dApps), which are hosted on the internet by participants in the Holo network. The Holo network will be facilitated using a token called HoloFuel, which is currently under active development and will serve as an accounting system to compensate hosts for their services. In 2018, the project launched an ERC-20 token, HOT, also known as HoloToken, which will be redeemable for HoloFuel once the latter is fully operational. Holo is designed to enable a significant shift in the landscape of crypto applications and currencies. It introduces several innovative features, including the ability to host peer-to-peer applications on the internet for mainstream users. The Holo network relies on a network of hosts that provide storage and processing power for Holochain-based dApps. These hosts can either install software on their computers that runs in the background and automatically allocates extra resources to Holochain-based dApps, or they can operate a dedicated machine, known as a HoloPort. In exchange for their services, hosts are compensated with HoloFuel, a token specifically designed for microtransactions.