Dec 2, 2021
NFT at its Most Realistic Form: Hololoot
Hello, Seedify Community!
Behind this enthusiastic and exciting entry, there is once again an amazing IGO. This project on NFTs, the golden child of blockchain, and AR, and one of the building blocks of the future world, is quite prone to attract attention from the very first moment. We do not want to excite you more and we cannot hide our current excitement. So today, we are introducing the Hololoot IGO.
Please join us to learn about the game and its upcoming IGO on the Seedify Launchpad on December 10.
Joining forces in the gaming industry: NFTs and AR
If you haven’t spent the whole of 2021 with your eyes closed, you’re definitely aware of the NFT craze. NFTs, each one-of-a-kind, selling digital ownership and a sense of uniqueness to users are now an important part of the blockchain-based financial order. The ability to “assign ownership to intangible assets” that came into our lives with NFTs and blockchain technology has revolutionized various fields. The gaming industry, which easily adapts to this revolution due to its nature, is among the areas where crypto assets are most valued today.
For years, the gaming industry has been highly profitable for development companies and publishers, while gamers have had little to show for their time and money spent playing games. The increasing prevalence of the play-to-earn model has paved the way for users to see games not only as an entertainment element but also as an income area where they can earn rewards for participation and loyalty.
In recent years, technologies such as AR and VR entered our lives, making the fine line between real and virtual even less pronounced. Fun Snapchat and Instagram filters, the IKEA app that lets us view the furniture before we buy, Pokemon Go, which once took everyone to the streets, these are all apps that contain the miracle of AR. The rise of the GameFi system, which introduced the play-to-earn model, takes AR a few steps further than just being an entertainment element. Today, many games have their own Blockchain-based in-game economy and are on their way to presenting a metaverse that supports AR and VR.
Hololoot
Hololoot, which literally means killing two birds with one stone, proudly bears the title of being the world’s first AR NFT generator and market, for the metaverse.
While augmented reality seamlessly transfers the digital world to the real world, why shouldn’t NFTs, which span all fields from art to sports, take advantage of it? Metaverse, AR, or NFTs are not new concepts for us, of course. Nonetheless, Hololoot gives users the chance to change the rules of the game and build a new world without borders. You have the chance to create your own character and story without being stuck with the limits set by companies or developers. By producing your 3D AR models, you create the next step in the story, how it will take shape, and how it will end, at your initiative.
There are approximately 1 billion devices on the market today that support AR technology. Therefore, most of the world will be able to experience the technology Hololoot has to offer in various fields.
Breathing new life into NFTs: Make everyone a part of the game
Hololoot breathes new life into a new field, NFTs. The question “What good would it be for me to spend millions on something I can only view digitally?” is often asked by people who don’t know much about blockchain or NFTs. We don’t blame anyone, after all, it may not be easy to understand how we can assign ownership to 2-dimensional beings as creatures living in a 3-dimensional world. Hololoot, which creates 3D NFTs that we can see and will be able to even ‘touch’ thanks to AR, will increase interaction to the highest level and make everyone a part of the game. Meet AR technology, which is expected to come to completely different places in just a few years, and access the opportunity to create, buy and sell unique AR NFTs before anyone else.
Reflection of 3D developments on the game industry
At the point that Blockchain gaming has come to, we have met many new concepts such as the metaverse, land sales, and game-specific coins/tokens. Users, who used to trade the enjoyment of the game with the time they spent, are now making this exchange on the level of interest/money. As their interest and loyalty grow, so does the importance of in-game purchases. So much so, that the market for second-hand assets has become a lucrative income opportunity, and is much more effortless and fun than the real world.
Imagine people being able to fully interact with these possessions when things go like this, even in a world where everything is 2D. Here, Hololoot gives you the chance to try on an NFT armor you won in the game you play. In a world where in-game elements are a reality, it is easy for users to increase their involvement and incorporate everything related to the game into their real lives.
There are 4 different types of NFTs planned by Hololoot now/in the near future:
- Classical AR NFTs
You can simply convert a 3D model you already have, to an NFT. After uploading your 3D model to Hololoot, steps like storing NFT in your wallet and sharing it on AR platforms will take you one step closer to the world of tomorrow.
- AR NFTs connected to physical objects
“As a technology crew, we are still relatively new in this field and we are probably not at the level of knowledge to realize many possibilities yet. Because when it comes to AR NFTs in the games, that is, when you want to see the digital twin of the Starry Night, it’s up to the metaverse-real world connection. QR code seems to be the best alternative for this application, which will allow creating digital twins for physical objects. However, we follow the developments, tomorrow is a new day and we can wake up to a new madness like NFTs, right?”
- Location-based AR NFTs
The company’s long-term goal, once it reaches enough audiences, is to create location-based AR NFTs, like in Pokemon Go. Maybe there will be days when you will come across AR crypto assets that you can collect while walking on the street during the day.
- Gaming AR NFTs
Here is our favorite part. One of Hololoot’s major plans is to expand as much as possible onto the playground, the industry most likely to enjoy dealing with AR NFTs. Hololoot’s plan at this point is to reach out to game studios and introduce them to the technology with which they can turn their 3D assets into unique possessions.
Hololoot plans to include AR NFTs in games with the frequently used loot box technique. In the loot box technique, you get random features or items from closed boxes that you will buy or win in games. Some money from the box you open, a weapon you’ve needed for a long time, or a power-up that will allow you to get ahead of your opponents can meet you depending on your chance. This uncertainty and lack of obligation support the fair order of the game and also provide comfort to the users. Users will earn rewards for tasks such as sharing an image of a hologram on social media or creating an NFT with a gamification tactic.
Hololoot ecosystem proudly presents: $HOL Token
The $HOL token was developed to provide maximum opportunity and benefit to its users and to build sustainability in the ecosystem offered by Hololoot. For users who are not content with less and want more, extra opportunities such as premium features, access to special discounts, and earning annual percentage yields (APYs) and limited mint NFTs with staking are offered.
IGO Facts and Participation
The native token $HOL will be distributed to $SFUND holders with IGO:
- IGO Date: December 10, 2021
- Token name: $HOL
- Total allocation: 250K (including 5% success fee)
- $HOL IGO Price: $0.2
- Vesting Period: 30% on TGE, then linear over 9 months
- Total Supply: $100,000,000
- Initial Mcap: 580K
- $HOL Listing: Dec 13, 2021
- $HOL Listing price: $0.2
To learn more about Hololoot, please follow the links below:
How to buy and join an IGO
First time participating in an IGO? You can learn more about what an IGO is; HERE.
In summary: Blockchain game projects can realize the initial offerings of their tokens on the Seedify platform. This enables blockchain game project owners to enjoy the advantages of the Seedify platform, while investors are able to access and invest in projects without any middleman.
First of all, you need to complete your KYC (Know Your Customer) process. Here, you can find a comprehensive guide for each and every step of the KYC verification process. After completing your KYC, follow this link.
About Seedify
Seedify is a blockchain gaming-focused incubator and launchpad ecosystem, empowering innovators and project developers through access to funding, community and partnership building and a full support system to help drive the future of gaming and blockchain.
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