According to Foresight News, Holograph, a full-chain NFT protocol, has announced its token economics. The native combinable full-chain token, known as HLG, can be transferred across chains and has complete data persistence. HLG has native combinability, trustworthy neutrality, and minimized cross-chain bridge risk. The total supply of HLG is 10 billion, with an initial circulation of 1.525 billion (15.25% of the total supply). Of the total supply, 25% is allocated to the ecosystem and incubator, 23.4% to the core development team, 21.18% to strategic network participants, 15% to the foundation treasury, 10% to the community and launch, and 5.42% to long-term consulting advisors. HLG will be released within 48 months.
In a previous report on April 30, Foresight News revealed that Holograph had completed a new strategic financing round of $3 million. The round was led by Mechanism Capital and Selini Capital, with participation from Northrock Capital of Hal Press, Arca, Courtside Ventures, and Hartmann Capital. This brings Holograph's total financing to $11 million.