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Holograph Announces Token Economics, Native Token HLG to be Released in 48 Months

CointimeCointime2024/05/11 04:37
By:Cointime

The full-chain NFT protocol Holograph has announced its token economics, with its native composable full-chain token being HLG, which can be transferred across chains and has complete data persistence. HLG has functions such as native composability, trusted neutrality, and minimized cross-chain bridge risks. The total supply of HLG is 10 billion, with an initial circulation of 1.525 billion (15.25% of the total supply). 25% of the total supply is allocated to the ecosystem and incubator, 23.4% is allocated to the core development team, 21.18% is allocated to strategic network participants, 15% is allocated to the foundation treasury, 10% is allocated to the community and Launch, and 5.42% is allocated to long-term consulting advisors. HLG will be released within 48 months.

Golden Finance previously reported on April 30th that Holograph completed a new strategic financing round of $3 million, led by Mechanism Capital and Selini Capital, with participation from Hal Press's Northrock Capital, Arca, Courtside Ventures, and Hartmann Capital, bringing Holograph's total financing amount to $11 million.

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