As the year 2021 draws to a close, storylines about NFT and the metaverse continue to dominate headlines. Beginning in relative obscurity at the start of the year, these marketplaces have captivated the attention of both technology critics and general audiences, garnering billions of dollars in investment and apparently generating new sectors.
Hololoot—which bills itself as the world’s first Augmented Reality (AR) NFT generator, marketplace, and metaverse—is attempting to deliver NFTs and the metaverse to the over one billion AR-enabled devices currently in use. Its software has garnered interest from some of the industry’s top names, and their upcoming public sale is already generating buzz.
As a platform designed for simplicity, scalability, and usefulness, Hololoot’s augmented reality software has the potential to capture a massive market that other blockchain solutions have hitherto unable to penetrate. With $HOL debuting at a time when media interest in the sector is at an all-time high, Hololoot’s IDO is already generating buzz in crypto circles as well as the larger consumer business.
Hololoot is currently preparing for its December 13 Token Generation Event (TGE) and decentralised listing. In the run-up to the ICO, its native token $HOL will be offered in a three-day public auction divided over three launchpads. Their first sale on Seedify on December 10 set the tone for what is to come—according to the launchpad, Hololoot’s First Come, First Served pool filled in 23 seconds, shattering prior IDO records.
Their second public auction, which is now happening on Synapse, has garnered comparable levels of interest, and their final sale, set for December 12 on Enjinstarter, is likely to draw severe investor competition. On Hololoot’s blog, you may find further information on each launchpad, including the token price, vesting timeline, and token contract address.
Those who missed out on these launchpad possibilities may purchase $HOL commencing at 15.00 UTC on December 13 through PancakeSwap on the Binance Smart Chain. Hololoot intends to build high-APY staking pools upon their token’s listing on exchanges, with further specifics on these pools to be published closer to their debut.
Hololoot’s public debut comes on the heels of successful private and seed rounds led by prominent investors like as Enjin, Ferrum Network, Otis Capital, and Legion Ventures. The level of interest in Hololoot, especially among industry leaders, indicates to the broader market that this is a project worth monitoring. And, given the level of interest in their IDO so far, Hololoot is sure to remain on the radars of those following the NFT and metaverse marketplaces.
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