The full-chain NFT protocol Holograph announced the token economics. Its native composable full-chain token is HLG, which can be transmitted across chains and has complete data persistence. HLG has functions such as native composability, trusted neutrality, and minimizing cross-chain bridge risk. The total supply of HLG is 10 billion, and the initial circulation is 1.525 billion (accounting for 15.25%). The total supply is 25% allocated to the ecosystem and incubator, 23.4% to the core development team, 21.18% to strategic network participants, 15% to the foundation treasury, 10% to the community and Launch, and 5.42% to long-term consultants. HLG will be released within 48 months.
Gold Finance previously reported on April 30 that Holograph completed a new round of strategic financing of $3 million, led by Mechanism Capital and Selini Capital, and participated by Northrock Capital, Arca, Courtside Ventures and Hartmann Capital of Hal Press, bringing the total financing of Holograph to $11 million.
Holograph unveils token economics, native token HLG will be released within 48 months
2024-05-11 04:33:04
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