holoride is beyond thrilled to finally announce the RIDE token to the world. RIDE will be offered for public sale at the end of November.
The RIDE Token Sale
Following the successful completion of their private sale, the holoride team has worked tirelessly on the preparation of their public sale and token generation event. They are proud to announce the RIDE public sale, which will take place on the Maiar Launchpad on the 26th of November at 2 p.m. UTC.
About the RIDE token
RIDE is the utility token of the holoride platform that sits at the heart of its NFT-powered content ecosystem, built on the Elrond Network. RIDE is designed to provide incentives for using holoride by providing additional benefits and enhanced user engagement.
“The RIDE token will be essential for building a vibrant and sustainable economy for the holoride ecosystem, connecting car manufacturers, content creators, brands, and passengers, and enabling them to capture value along the way.”
said Nils Wollny, CEO & co-founder of holoride.
To achieve this ambitious vision, the RIDE token and the content economy will be implemented using the Elrond blockchain. Elrond is a technology ecosystem for the new internet. Its foundational layer is the Elrond internet-scale blockchain, a smart contracts execution platform ready to be integrated into any enterprise technology stack.
Conclusion
They would like to thank their entire community for your patience and overwhelmingly positive feedback. Please rest assured that everything up to this point has merely been a prelude to their journey together. They invite all of you to become a part of the holoride ecosystem and help them shape the future of in-car entertainment.
They’d also like to thank their partners, especially Faculty Group and iconomy, who’ve helped to incubate this project and who have been advising and tirelessly supporting them along this exciting journey. They’re very much looking forward to exploring our endeavors in the blockchain and crypto space.
So What’s Next?
They’ll be putting out a range of information around the token and public sale over the next few weeks including a detailed guide about how you can participate in the sale, where to store the RIDE token, etc.
About holoride
holoride creates an entirely new media category for passengers by connecting Extended Reality (XR) content with data points from the vehicle in real-time. These data points include physical feedback, like acceleration and steering, traffic data, as well as travel route and time. holoride technology provides a new type of immersion into any kind of VR content, creating a breathtaking, immersive experience, and significantly reducing motion sickness.
📰 INFO
https://medium.com/holoride/announcing-the-public-sale-of-our-ride-token-f8ca4fdd4ccf
