Holograph (HLG)

Deprecated

Token Minting and Cross-Chain Use

Holograph allows developers and asset issuers to mint holographic assets that work across multiple blockchains. This means tokens and NFTs can be created once and used on many chains, unlocking new possibilities for NFTs, decentralized exchanges (DEXs), lending, and gaming.

Asset Composability and Interoperability

Holograph enables the creation of natively composable omnichain tokens. These tokens have the same address on all supported blockchains, making it easier to manage and transfer assets without losing liquidity or value.

Digital Asset Bridging

Using a unique Holographic Bridging process, Holograph moves digital assets across different blockchains while keeping all data intact. This helps unify the web3 ecosystem and improves liquidity by connecting separate blockchain networks.

Real-World Data Integration

Holograph can handle real-world data through Internet of Things (IoT) integration, supporting complex applications like supply chain management and asset tracking where secure and reliable data transfer is important.

Broad Application Support

Holograph supports a wide range of programmable assets, both fungible (like tokens) and non-fungible (like NFTs), allowing asset issuers to create versatile digital assets for many use cases in the crypto ecosystem.

Pros

• Cross-Chain Capability: Holograph enables asset creation and token minting across multiple blockchains, making it easier to manage assets on different networks.
• User-Friendly Minting: Simplifies the process of creating holographic assets, including fungible tokens and non-fungible tokens (hNFTs) that share the same contract address and token ID across many EVM-compatible chains.
• Widely Used Protocol: Has been used to mint millions of onchain assets, showing strong adoption in cross-chain asset production and distribution.
• Supports Progressive Decentralization: Distributes tokens to support ongoing success and ecosystem development.
• Backed by Notable Investors: Supported by well-known investors and venture capital firms, adding credibility to the project.

Cons

• Underperformance in Market: Holograph’s token price has shown little to no growth recently and is underperforming compared to the broader crypto market and similar Ethereum ecosystem tokens.
• Team Experience: The team behind Holograph may lack deep experience in the crypto industry.
• Security Incident: The project has faced a significant security breach, highlighting the need for strong security measures.
• Volatility: The token is highly volatile, which may not suit all investors.
• Supply Impact: A large total supply with ongoing distributions can affect token price due to supply and demand dynamics.

Founders

Holograph was founded by Arthur Brock and Eric Harris-Braun. Arthur Brock has experience in software engineering and decentralized systems, while Eric Harris-Braun is known for his work in distributed computing and peer-to-peer technologies. Both have also been involved in other projects like Holochain, which focuses on scalable blockchain alternatives.

Additional Team

Jason Trikakis is noted as the Chief Product Officer of Holograph.

Company Details

Holograph was founded around 2020-2021 and is headquartered in the United States or George Town, Cayman Islands, according to different sources.

Investors in Holograph

Holograph has attracted a variety of investors through multiple funding rounds. These include:

• Seed Investors: Early-stage investors who participated in seed funding rounds in 2021 and 2022, contributing millions to support the development of Holograph's omnichain NFT infrastructure.
• Strategic Investors: Investors who joined in later rounds, such as in April 2024, providing additional capital to help expand partnerships and grow the project.
• Angel Investors and High Net Worth Individuals: Private investors who negotiated specific terms and contributed to early funding.
• Institutional Investors: Larger organizations and funds that have invested in Holograph, as indicated by the presence of over 15 known investors and more than 1,000 investors tracked in some profiles.

The total funding raised by Holograph includes amounts like $1.7 million in early seed rounds, $6.5 million in subsequent seed funding, and $11 million in a strategic funding round. These investors support Holograph's mission to enable omnichain tokenization and NFT minting across multiple blockchains.

Halal Status of Holograph

No, Holograph is not confirmed halal. There is no specific information or certification indicating that Holograph complies with Shariah principles such as avoiding interest (riba), gambling (maysir), or excessive uncertainty (gharar). Without clear Shariah compliance screening or approval by qualified Islamic scholars, it cannot be classified as halal.