| General information | |
|---|---|
| Global rank: | 1476 |
| Name: |
holoride |
| Symbol: | RIDE |
| Current coin price (MXN): | 0.060 $ |
| Last hour: | arrow_upward1.64 % |
| Last 24 hours: | arrow_downward-10.75 % |
| Last 7 days: | -21.29 %trending_down |
| Capitalisation (MXN): | 51 071 573.09 $ |
| Volume 24h (MXN): | 446 100.64 $ |
| Available supply: | 857 899 971.00 RIDE |
| Total coin supply: | 1 000 000 000.00 RIDE |
| Start date: | 2021-11-01 |
holoride/Mexican Peso (RIDE/MXN) price chart
holoride/Mexican Peso (RIDE/MXN) capitalisation and volume charts
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.