Announcing the Public Sale of our RIDE Token
Over the past three years, holoride has steadily turned the dream of revolutionizing in-car entertainment into a reality. We believe that our technology has the power to change backseat entertainment forever. holoride will open a new layer of immersion in games, educational content, and many more use cases. With our highly anticipated market launch set for the second half of 2022, we’re also moving closer to first holoride-ready vehicles and our new form of in-car entertainment being available for passengers.
We’re beyond thrilled to finally announce the RIDE token to the world. RIDE will be offered for public sale at the end of November.
The RIDE Token Sale
Following the successful completion of our private sale, the holoride team has worked tirelessly on the preparation of our public sale and token generation event. We are proud to announce the RIDE public sale, which will take place on the Maiar Launchpad on the 26th of November at 2 p.m. UTC.
About the RIDE token
RIDE is the utility token of the holoride platform that sits at the heart of its NFT-powered content ecosystem, built on the Elrond Network. RIDE is designed to provide incentives for using holoride by providing additional benefits and enhanced user engagement.
“The RIDE token will be essential for building a vibrant and sustainable economy for the holoride ecosystem, connecting car manufacturers, content creators, brands, and passengers, and enabling them to capture value along the way.”
said Nils Wollny, CEO & co-founder of holoride.
To achieve this ambitious vision, the RIDE token and the content economy will be implemented using the Elrond blockchain. Elrond is a technology ecosystem for the new internet. Its foundational layer is the Elrond internet-scale blockchain, a smart contracts execution platform ready to be integrated into any enterprise technology stack.
Conclusion
We would like to thank our entire community for your patience and overwhelmingly positive feedback. Please rest assured that everything up to this point has merely been a prelude to our journey together. We invite all of you to become a part of the holoride ecosystem and help us shape the future of in-car entertainment.
We’d also like to thank our partners, especially Faculty Group and iconomy, who’ve helped to incubate this project and who have been advising and tirelessly supporting us along this exciting journey. We’re very much looking forward to exploring our endeavors in the blockchain and crypto space.
So What’s Next?
We’ll be putting out a range of information around the token and public sale over the next few weeks including a detailed guide about how you can participate in the sale, where to store the RIDE token, etc.
Make sure to follow our socials so you don’t miss anything!
- 💬 Telegram: https://t.me/holoride
- 📢 Twitter: https://twitter.com/holoride
- 🔵 LinkedIn: http://linkedin.com/company/holoride
- 📹 YouTube: http://youtube.com/holoride
- 📷 Instagram: http://instagram.com/holoride
About holoride
holoride creates an entirely new media category for passengers by connecting Extended Reality (XR) content with data points from the vehicle in real-time. These data points include physical feedback, like acceleration and steering, traffic data, as well as travel route and time. holoride technology provides a new type of immersion into any kind of VR content, creating a breathtaking, immersive experience, and significantly reducing motion sickness.
The tech startup was founded at the end of 2018 in Munich, Germany by Nils Wollny, Marcus Kuehne, Daniel Profendiner, and Audi, who holds a minority stake in the startup.
In April 2021, holoride raised €10 million in its Series A funding round led by Terranet AB, earning the company a €30 million valuation. That same year, holoride won the prestigious SXSW Pitch and was also named Best in Show. It has been hailed “Best of CES 2019” four times, recognized as one of the “100 Best Inventions of 2019” by TIME Magazine, and is part of the global innovation platform “STARTUP AUTOBAHN powered by Plug and Play”.
For more information, visit www.holoride.com/ride
