Hololoot: Bringing the Metaverse to Life Through Augmented Reality
The blockchain industry continues to expand, with the introduction of DeFi technology, NFTs and the new trend, Metaverse, an integrated blockchain with an immersive experience through Augmented Reality and Virtual Reality; both of these technologies provide a simulated experience close to the real world.
Hololoot is a project built to sustain the metaverse by incorporating Augmented Reality, blockchain technology and the gaming industry. It is claimed to be the world’s first AR nonfungible token (NFT) creator and marketplace made specially for the metaverse. Through the Hololoot platform, users can mint AR assets and collectibles, in the form of NFTs that can function as in-game assets and artworks, by simply uploading a 3D model to the platform. It is entirely self-service and user-controlled. Hololoot promotes a no-code product that allows users to create whatever they wish to. Trading these NFTs is seamless via Hololoot’s NFT marketplace. $HOL is the native and governance token that powers the platform. Users can earn annual percentage yields (APYs) by staking, and they have exclusive access to unique NFT drops. HOL will soon be available on three launchpads: Synapse, Enjinstarter and Seedify.
An added feature of Hololoot is its play-to-earn gaming ecosystem, where users will be rewarded for playing their game. It also gives them all-access to in-game administration. With Enjin as its official tech partner, it will utilize SDKs that enable seamless generation and management of virtual assets on the Ethereum Blockchain. Hololoot is collaborating with several gaming projects: Blockyopia, Age of Rust, Nakamoto Games and more.
Hololoot has received a positive commendation from the metaverse community, having acquired $2.75 million in its pre-sale round. The creative future is getting near, as Hololoots proceeds to integrate Cloud computing with AR, to include 3D animations, performance testing and QA testing. Its extensive roadmap makes it one of the most promising projects in the metaverse world.
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