--- Alias: ["Holochain (HOT)", "Holofuel", "HOT"] Tag: ["🪙", "🛣️", "🌱", "💰"] Date: 2021-08-17 DocType: "Investment" Hierarchy: "NonRoot" TimeStamp: 2022-12-13 location: [36.14231564218552, -5.352527091457547] Investment: Type: "Crypto" Style: "Growth" Stage: "Early" Ccy: USD Trading: PDate: 2021-03-29 PPrice: 0.01283 LPrice: 0.001687 CollapseMetaTable: true banner: "![[IMG_1944.jpg]]" banner_icon: ⛓ --- Parent:: [[Crypto Investments|Crypto Investment]] ---   ```button name Edit Investment parameters type command action MetaEdit: Run MetaEdit id EditMetaData ``` ^button-HoloInvEdit ```button name Save type command action Save current file id Save ``` ^button-HoloInvSave   # Holochain   ```ad-abstract title: Summary collapse: open Holochain is a European technology aiming to create decentralised and peer-to-peer autonomous networks (intranets, internet). The technology is a derivation of Blockchain et consumes little energy to function. ```   ```toc style: number ```   ---   ### Investment thesis   Holo is developing a peer-to-peer decentralised network to function like the web today. The protocol is not strictly a blockchain, yet quite close, and provide diversification in a crypto portfolio. This technology is supported by the European Commission and has important user cases: if the technology is robust enough, it will provide organisations with the ability to deploy secure intranets as well as offering a credible alternative to Blockchains like ETH or BTC. The technology is much less energy-hungry than most competitors and much more scalable.   ---   ### Risk profile   Medium risk The project is still testing its ability to deploy properly and is 'late in the game' compared to BTC, ETH, [[EOS]] or ADA. It is therefore relatively undervalued. The technology is sufficiently disruptive for growing significantly over the next years offering an interesting upside and little downside. It is however important to note that the current ERC20 token is a placeholder for the native token and that most upside is going to be for those offering hosting services in the peer-to-peer network.   ---   ### Tokenomics   ```ad-product title: Price update HOT:USD price = 0.01, volume = 866,968,767.33, change = 0.00 on 2022-01-14T17:42:02 ``` HOT is an ERC20 placeholder for the native Holofuel and its value currently fluctuates with investors' interests in the project. The native token price should be relatively stable and be mostly used to buy/sell storage and RAM through self-hosting. As such, the expectation of drastic price action is low and much of the valie will be generated with hosting an instance of Holochain to rent out to developpers.   ---   ### News & corporate activity   #### Current pipeline - [ ] Mainnet Launch - [x] Opening for new P2P Hosts - [ ] Mainnet Testing - [x] Proof-of-Concept App testing (Elemental Chat)   #### hApp environment 1. Elemental Chat (IM)   ---   ### Further steps   Further steps are captured in the [[Crypto Tasks|Crypto task list]]