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RIDE

Holoride

$0.001522
12.63%
Open
-
High
-
Low
-
Vol.
-
coindesk-loading-spinner
1H
24H
7D
1M
1Y
All
Market Cap. #948
$1,339,391
Volume (24h) #2945
$8,876
Supply (Circ. / Total / Max)
879.9M / 1B / 1B
Launch Date
2021-11-26
Built On
EGLD
Token Standard
Smart Contract Address
RIDE-7d18e9
Decimal Places
18

Holoride Price Converter

Holoride

Holoride Information

Resources

WebsitesWebsiteWhitepaperBlog
Industries
Metaverse
Gaming
Collectible (NFT)
Communitiestwitter.com

Holoride Supported Platforms

RIDEEGLDRIDE-7d18e92021-11-26
RIDEERC20ETH0xf97e2A78f1f3D1fD438ff7cC3BB7De01E5945B832023-10-04

About Holoride

Holoride (RIDE) is a utility token at the heart of an in-vehicle virtual reality entertainment platform, developed by the Audi-backed startup holoride. It is built on the MultiversX Network and serves various functions, such as enabling NFT transactions, purchases within the ecosystem, and participation in governance. The platform was co-founded by Nils Wollny, aiming to connect car manufacturers, content creators, and passengers through its proprietary technology.

Holoride is a platform that integrates a virtual reality entertainment system for in-vehicle passengers, leveraging its proprietary technology. The core of this ecosystem is the RIDE token, a utility token built on the MultiversX Network. RIDE is designed to enhance connections between users, creators, and business partners on the holoride platform, offering benefits and improved user engagement​​​​.

RIDE tokens are used within the holoride ecosystem for various purposes:

NFT Marketplace: Users and content creators can mint unique NFTs based on their experiences, which are exchanged for RIDE tokens​​. Purchases and Discounts: Subscriptions, digital items, upgrades, and brand placements can be bought with RIDE tokens, often at a discount compared to their fiat prices​​. Revenue and Treasury: A portion of holoride’s revenue is used to purchase RIDE tokens from the open market, which are then deposited into the holoride treasury​​. Content Creation and Sales: Content creators and car manufacturers earn RIDE through user engagement with NFTs and direct sales of NFTs​​. Governance Participation: RIDE token holders can participate in the governance of the holoride platform, influencing decisions about feature development and content portfolio​​.

Holoride was co-founded by Nils Wollny, who is also its CEO. The company was backed by Audi and developed a unique tech stack connecting car manufacturers, content creators, and passengers. The integration of blockchain technology and the creation of the RIDE token represented a strategic move to enhance the platform's ecosystem and ensure fair and transparent participation​​.
Holoride (RIDE) Price | RIDE to USD Price and Live Chart