HOT/EUR - Holo/Euro

About Holo

Holo (HOT) is the token that powers Holochain, a platform designed to host decentralized applications without the need for traditional blockchain. Its approach allows users to interact directly with each other without intermediaries, making apps faster, more efficient, and more privacy-conscious. Instead of recording everything on a single chain, each user maintains their own history, which reduces resource consumption and improves scalability. The HOT token is used as a means of exchange within the Holo ecosystem. It serves to compensate those who host applications on their devices, creating a distributed web hosting network that rewards participants for sharing processing capacity. This proposal makes Holo an attractive option for those looking for a more sustainable and decentralized alternative to traditional cloud services.