What is HOT? When can I swap it for Holo fuel?

HoloToken (HOT) is a placeholder that will be redeemable 1:1 for Holo fuel after the Holo Beta release in 2019.

HOT is an ERC-20 token sold as an IOU for Holo fuel during our Initial Community Offering (ICO) in April 2018. The funds raised are being used for the development of Holo and Holochain, its underlying technological infrastructure.

Regardless of the past monetary value of either HOT or Holo fuel, HOT will be accepted as a straight swap. It will be 1 HOT for 1 Holo fuel. There will be an extended period during which you can participate in the swap. Details will be communicated well in advance.