Bullshit Detector: What’s Happening with Holo after ICO?

Kript Team
kriptio
Published in
2 min readJan 27, 2019

What is Holo: a cryptocurrency payment solution

Holo is a decentralized hosting platform enabling fully-functional decentralized applications and massively scalable crypto-accounting infrastructure to host and manage them. The ecosystem relies on hosts providing processing and storage for Holochain applications (hApps). They are held entirely by people giving direct architectural consent and cryptographic communication with comparatively lower risks and costs. The platform allows its users to own their data, control their identity, connect apps suitable for their needs, make decentralized transactions and build lighter, faster and cheaper applications. HApps can be applicable in a number of different spheres, such as social media, supply chains, and more.

Website: holo.host, holochain.org

Token trading: May 1, 2018.

Where to buy tokens:

PPT token price: +71%.

How much they planned to make/made: 25 000 000 EUR (28 425 000 USD) / ~19 400 000 USD.

What their token gives you: utility token

What’s happened to tokens: current total token supply is around 177,6 billion (not limited), current circulating supply is around 133,2 billion.

What they promised/made:

Q2 2018: first test transaction on Holo; 5 000 hosts — N/A

Q3 2018: 100 test transactions an hour; 15 000 hosts; beta release — N/A

Q4 2018: 30 000 hosts; 50 apps; 10 000 users — ✖ (1 app live, >20 in development)

👉 2018 results

Crew: 40+ team members. The Founders of the project are Arthur Brock and Eric Harris-Braun.

Review after ICO:

Current development stage: Developer Preview 0.0.3 released; HoloPorts prototypes are ready, pre-order is open in the official store.

Holo Beta Mainnet is expected to be launched in 2019.

Partnerships: Producers Token (global p2p marketplace for agricultural producers); Promether (security).

Communication: facebook, twitter, telegram, reddit, medium, youtube.

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