Interoperability and liquidity fragmentation are major challenges in blockchain. Different blockchains often operate in isolation, making it hard for assets and data to move seamlessly across networks. Holograph (HLG) addresses these issues by providing an omnichain tokenization protocol that enables seamless interoperability between blockchains, ensuring tokens can be transferred and utilized across multiple networks without losing value or functionality.

Interoperability is crucial for blockchain growth. It allows networks to communicate and interact and fosters a more connected environment. Holograph’s approach to solving these issues is a game-changer, paving the way for a more unified and efficient blockchain landscape.

What is Holograph?

Holograph (HLG) is an omnichain tokenization protocol that enables seamless interoperability between blockchains. It allows tokens to be transferred and utilized across multiple networks without losing value or functionality. This protocol is co-founded by Jeff Gluck and Jeremy Kerbel addresses the challenges of interoperability and liquidity fragmentation, making it easier for assets and data to move across various blockchain ecosystems.

Key Features and Benefits

• Omnichain Capabilities: Holograph supports multiple blockchains, including Ethereum, Polygon, and Optimism, ensuring broad compatibility. Users can move their assets across different networks without worrying about compatibility issues.
• Seamless Transfers: The Holographic Transfer Process (HTP) enables smooth token transfers between different blockchains. This process ensures that tokens retain their properties and value, regardless of the blockchain they are transferred to.
• Integration with LayerZero: By leveraging LayerZero’s infrastructure, Holograph enhances interoperability and security. This integration ensures that token transfers are seamless and secure.
• User-Friendly Tools: Holograph provides tools, including the Holograph App, SDK, and CLI, to simplify development and integration. These tools make it easier for developers to build and deploy applications on the Holograph protocol.

Use Cases of Holograph

• Decentralized Finance (DeFi): Holograph facilitates seamless asset transfers and liquidity provision across DeFi platforms. This capability is essential for creating a more efficient and interconnected DeFi ecosystem.
• Gaming: Holograph enables the use of in-game assets across different blockchain-based games. This interoperability allows gamers to transfer their assets between games, enhancing the gaming experience.
• NFTs: Holograph supports creating and transferring non-fungible tokens (NFTs) across multiple blockchains. This feature is particularly valuable for artists and creators looking to reach a broader audience.
• Supply Chain: Holograph enhances transparency and traceability by allowing data to move across blockchain networks. This capability is crucial for improving supply chain management and ensuring product authenticity.

Holograph Protocol Overview

Ecosystem Stack

Holograph serves as the tokenization layer for the omnichain ecosystem, enabling seamless liquidity interoperability across the stack. This ensures that assets can move fluidly between blockchain environments, enhancing overall efficiency and connectivity.

Protocol Stack

The Holograph protocol is built on ten primary elements that form the foundation of its functionality. These components drive the system, ensuring robust and reliable operations across various blockchains.

Omnichain Capabilities

Holograph offers a comprehensive solution for asset issuers with customizable infrastructure for omnichain token creation, deployment, and transport. It supports:

• Standard Tokens: Deploy fungible and non-fungible tokens that are burned on the source chain and minted on the destination chain.
• Custom Tokens: Create new token implementations that can interact uniquely across multiple execution environments.
• Existing Tokens: Make existing tokens omnichain by locking them on the source chain and minting omnichain tokens on the destination chain.

Deploy Contract Architecture

Holograph facilitates using a single, unique contract address and token ID across all blockchains. This approach ensures that contract addresses remain consistent, making them definitive token identifiers. It supports secure asset transfers between blockchains, maintaining the integrity and value of the tokens.

Transfer Token Architecture

Holograph’s transfer token architecture ensures seamless transfer between blockchains by burning tokens on the source chain, sending a message to the destination chain, and reminting the same number of tokens. This process unifies liquidity, eliminates slippage, and preserves fungibility.

How Does Holograph Work?

Holographic Transfer Process (HTP)

The Holographic Transfer Process (HTP) is the core mechanism that enables seamless token transfers across different blockchains. Here’s how it works:

1. Initiation: A user initiates a bridge-out request on the HolographBridge, which triggers the token burn function on the source chain.

2. Message Packaging: The HolographOperator packages the bridge-out request into a message payload and sends it to the LayerZeroModule.

3. Cross-Chain Messaging: The LayerZeroModule forwards the message payload to LayerZero’s Decentralized Verifier Network (DVN) for validation.

4. Execution on Destination Chain: Once validated, the message payload is sent to the destination chain, where the tokens are reminted at the same contract address.

This process ensures that tokens retain their properties and value, providing a unified liquidity pool across blockchains.

Integration with LayerZero’s Interoperability Infrastructure

Holograph integrates with LayerZero’s interoperability infrastructure to enhance the security and efficiency of cross-chain token transfers. LayerZero’s infrastructure provides a decentralized messaging protocol that ensures messages are securely transmitted and validated across blockchains. This integration allows Holograph to leverage LayerZero’s robust network to facilitate seamless and secure token transfers.

Holograph Architecture

Core

1. HolographGenesis.sol

HolographGenesis is deployed on all blockchains that support the Holograph Protocol. It ensures that all main components are deployed via HolographGenesis. The key operation is the deploy function, which uses the CREATE2 opcode and a unique salt to calculate the same contract address on any EVM-compatible chain deterministically. This ensures the protocol’s core contracts are deployed at the same address on every chain.

1. Holograph.sol

Holograph is the primary entry point for all users and developers. It provides a universal address across all blockchains, enabling developers to interact with the protocol’s features. Holograph maintains references for all current HolographRegistry, HolographFactory, and HolographBridge implementations. It also allows for single interface management of the underlying protocol and references all supported blockchains’ names and IDs.

1. HolographFactory.sol

HolographFactory enables developers to submit a signed version of the following elements to deploy a holographic contract on the blockchain:

• Primary deployment chain
• Token type (ERC20, ERC721, ERC1155, etc.)
• Event subscriptions
• Custom smart contract bytecode
• Custom initialization code

Any additional blockchains that developers want to support can have the same signed data submitted to HolographFactory, allowing for the creation of an identical holographic contract. The primary job of HolographFactory is to:

• Allow propagation of exact data across all blockchains
• Ensure a proper standard is selected and used
• Ensure all deployments succeed and work as expected
• Ensure that security is enforced and impenetrable

1. HolographRegistry.sol

HolographRegistry is a central on-chain location where all Holograph data is stored. It keeps a record of all currently supported standards and allows for new standards to be introduced and enabled. Any properly deployed holographic contracts are also stored as references, providing a definitive way to identify whether a smart contract is secure and properly holographic.

1. HolographBridge.sol

HolographBridge contains the code for all the bridge-out and bridge-in logic required to facilitate cross-chain transactions. It is the primary entry and exit point for any holographic assets to and from all supported blockchains. HolographBridge validates and ensures integrity and standards enforcement for every bridge-out and bridge-in request.

1. HolographOperator.sol

HolographOperator’s primary function is to interface with the messaging protocols used by the protocol for all cross-chain messages. It ensures the authenticity and validity of all requests submitted, ensuring that only valid bridge requests are sent, received, and executed within the protocol.

1. Messaging Modules

LayerZero is the only cross-chain message relayer currently supported by the protocol. The protocol is designed to be modular, allowing for all message-relaying logic to be compartmentalized within specific modules. Holograph can be expanded to add message modules by adding a new contract to the module directory that supports that messaging protocol’s specific message and fee logic while maintaining higher-level data security and consistency.

1. LayerZeroModule.sol

LayerZeroModule is the interface between Holograph and LayerZero. It exposes all LayerZero-specific functionality for sending and receiving messages, fetching pricing for cross-chain fees, and setting gas parameters specific to each supported chain.

Standards Enforcers

Holograph Protocol uses a stack-based approach to composing ERC standards. This structure ensures that contracts extending the protocol adhere to specific standards for the type of token the contract issues.

1. Holographer.sol

Holographer exists at the core of all holographic contracts and is applied whenever a holographic contract is deployed. It combines all components and routes inbound function calls to their proper contracts, ensuring security and enforcing specified standards. Holographer is isolated on its own private layer on the Holograph blockchain and is essentially hard-coded into the Holograph blockchain.

1. ERC Enforcers

ERC Enforcers ensure standards compliance and operability. Examples include HolographERC20 and HolographERC721. These enforcers store and manage all data within themselves to ensure security, compliance, integrity, and enforcement of all protocols. They communicate with custom contracts via specific event hooks, with the storage/data layer isolated privately and not directly accessible by custom contracts.

1. HolographRoyalties.sol

HolographRoyalties is an on-chain royalties contract for non-fungible token types. It supports a universal module that understands and speaks all different royalty standards on the blockchain. HolographRoyalties is built to be extendable, allowing new royalty standards to be implemented as they are created and agreed upon.

1. HolographInterfaces.sol

HolographInterfaces stores and shares standardized data, acting as an external library contract. It also exposes mapping between various protocol chain identifiers, allowing for consistent communication between protocols directly or cross-chain.

External Components

Holograph Protocol is designed to be modular and extensible, allowing developers to build contracts based on desired standards with minimal effort to gain holographic attributes for cross-chain asset movement. Simple examples include SampleERC20.sol and SampleERC721.sol.

1. Custom Contract

Custom contracts are developed outside the protocol, empowering developers to build their projects as they wish. The requirements for enabling a custom contract to be holographic are minimal, allowing even novice developers to implement them. Any current and future fungible and non-fungible token contracts can easily be made holographic.

Holograph Ecosystem

Holograph App

The Holograph App is a user-friendly interface designed to make interaction with the Holograph Protocol straightforward and accessible. Users can easily create, manage, and transfer tokens across different blockchains. The app provides a seamless experience, ensuring that even those with minimal technical knowledge can effectively utilize the protocol’s features. It includes dashboards for monitoring token activities, tools for managing assets, and options for customizing token properties.

Holograph SDK

The Holograph Software Development Kit (SDK) is a comprehensive toolkit that empowers developers to integrate Holograph’s functionalities into their own applications. The SDK includes libraries, detailed documentation, and sample code, supporting various programming languages and platforms. This versatility makes it easier for developers to build and deploy decentralized applications (dApps) that leverage Holograph’s omnichain capabilities. The SDK simplifies the development process, reducing the time and effort required to create robust blockchain solutions.

Holograph CLI

The Holograph Command Line Interface (CLI) is a powerful tool for developers who prefer working in a command-line environment. It provides a set of commands for deploying contracts, managing tokens, and interacting with the Holograph Protocol. The CLI is designed to streamline development workflows, enabling efficient management of holographic assets. Developers can use the CLI to automate tasks, perform batch operations, and integrate Holograph’s features into their existing development pipelines.

Holograph Fundraising Journey

Holograph has successfully raised $11 million over three funding rounds. These funds have been instrumental in developing and expanding the Holograph Protocol, enabling the team to enhance its technology and scale its operations. Here’s a breakdown of the fundraising details:

• Seed Round (April 27, 2022): Holograph raised $6.5 million in its largest funding round. Key investors included Courtside Ventures and Wave Financial.
• Seed Round (April 30, 2024): The second seed round brought in $2.8 million, with investments from Mechanism Capital and Selini Capital.
• ICO Round (May 23, 2024): Holograph raised $1.7 million in its latest funding round.

Holograph Tokenomics

The Holograph ecosystem is powered by its native token $HLG. It is a natively composable omnichain fungible token that can be transferred across blockchains with complete data persistence, enhancing efficiency and interoperability in the onchain ecosystem. With a max supply of 10,000,000,000 HLG tokens are allocated across six strategic stakeholders.

• Ecosystem and Incubation: 25% (2,500,000,000 HLG) — This allocation supports the Holograph ecosystem by offering growth incentives to teams aligned with omnichain interoperability and backing the developer community.
• Core Development Team: 23.4% (2,340,000,000 HLG) — This allocation rewards the decentralized group of essential contributors focused on security, engineering, product, infrastructure, growth, and operations.
• Strategic Network Partners: 21.18% (2,118,000,000 HLG) — This allocation enables strategic participants to invest in the ecosystem’s long-term success through private sales.
• Foundation Treasury: 15% (1,500,000,000 HLG) — This allocation supports key initiatives like future omnichain tokenization research, operational costs, and relevant programs.
• Community and Launch: 10% (1,000,000,000 HLG) — This allocation rewards the vibrant community of supporters essential to the Holograph ecosystem.
• Long-Term Advisory: 5.42% (542,000,000 HLG)—This allocation rewards advisors who concentrate on the ecosystem’s long-term success.

Is HLG a Good Investment?

Investing in HLG, the native token of the Holograph Protocol, presents several potential benefits and risks. Here are some key factors to consider

Potential Benefits

• Innovative Technology: Holograph’s protocol addresses key blockchain challenges like interoperability and liquidity fragmentation.
• Strong Ecosystem: Tools like the Holograph App, SDK, and CLI enhance usability.
• Strategic Partnerships: Collaborations with LayerZero and other blockchain networks expand Holograph’s reach.
• Token Utility: HLG is used for transaction fees, staking, and governance, driving demand.
• Governance and Staking: Token holders can influence protocol decisions and earn rewards through staking.

Potential Risks

• Market Volatility: Cryptocurrency prices can fluctuate significantly.
• Regulatory Uncertainty: Changes in regulations could impact HLG.
• Competition: The blockchain space is competitive, requiring continuous innovation.
• Adoption and Usage: Success depends on the protocol gaining traction.

HLG has strong potential but comes with risks. Thorough research and consideration are essential before investing.

How to buy $HLG on Gate.io

To buy $HLG tokens on Gate.io, follow these steps:

• Visit the Gate.io website and create an account with your email and password.
• Deposit some funds to your Gateio account.
• Trade your funds for $HLG tokens by choosing the HLG/USDT pair, and entering the amount and price.

Take Action on $HLG

Check out the $HLG price today and start trading your favorite currency pairs:

• HLG/USDT