What is HOT? When can I swap it for HoloFuel?

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

HOT is an ERC-20 token sold as an IOU for HoloFuel 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 HoloFuel, HOT will be accepted as a straight swap. It will be 1 HOT for 1 HoloFuel. There will be an extended period during which you can participate in the swap. Details will be communicated well in advance.