HoloFuel is an asset-backed mutual credit currency — backed by real hosting capacity, not scarcity or speculation. HoloFuel units are minted against hosting capacity and settled through transaction payments. It's peer-to-peer money, engineered by Unyt on Holochain's agent-centric framework — no bank issuing it, no exchange holding it, no middleman between you and your balance.
Watch how active supply fluctuates based on hosting capacity
HoloFuel doesn't add new money to the world — it splits each transaction into a plus and a minus that are created together, and always cancel out network-wide.
Set your price like a real host would, then watch both sides of the ledger move together.
Once you're holding HoloFuel, what happens if you want it as regular currency — or moved into another mutual-credit network entirely? Same rule applies as hosting: your requested payout has to find a real buyer.
Same ideas as above, distilled into one glance.
| Question | Answer |
|---|---|
| Where does a unit come from? | HoloFuel: created when real hosting capacity is delivered to the network |
| Bitcoin: mined by a protocol rule, unrelated to any specific act | |
| What backs it? | HoloFuel: a matched obligation, tied to hosting actually delivered |
| Bitcoin: market belief and scarcity alone | |
| Zero-sum? | HoloFuel: no — positive-sum for anyone doing real hosting work |
| Bitcoin: mostly — gains for holders come from other buyers paying more | |
| Who earns it? | HoloFuel: whoever contributes real hosting capacity, priced on the RAM, CPU & bandwidth, and storage they offer — at their own price |
| Bitcoin: whoever already owns the most hardware or capital | |
| Transaction fees? | HoloFuel: no gas fees — no miners or global consensus to pay, so even fractions of a cent are practical to send |
| Bitcoin: network fees paid to miners, which can exceed the value of a small payment |
HOT migration is expected to commence on 1 Nov 2026.
Holo Ventures formed July 2026, led by Cameron Burgess, to turn hosting + HoloFuel into a working product.
Read the announcement →Hosting is currently paid in HOT while HoloFuel's accounting layer is finished. HoloFuel is scoped to hosting for now — other real-world networks could plug into the same mutual-credit model later, but that isn't live or announced.
An asset-backed, mutual-credit currency built to pay hosts for the compute, bandwidth, and storage they provide to the network. Balances aren't minted from nothing — they're created between the two parties in a transaction, the moment real hosting work happens, and they're designed to track the actual productive capacity of the network rather than speculation.
It's crypto-accounting, but not blockchain in the usual sense — there's no single global ledger and no miners. It runs on Holochain, an agent-centric framework where each participant keeps their own local chain, and transactions are validated peer-to-peer rather than by network-wide consensus.
No cap at all — network-wide net supply is always exactly zero, since every positive balance is matched by a negative one. What people actually spend (the "active" or circulating supply) expands and contracts with real hosting activity, rather than following a pre-set schedule.
It's designed to be value-stable rather than speculative, anchored to the real cost of compute. If HoloFuel trades above that cost, more hosts join, supply rises, and price settles back down; if it trades below, hosts leave, supply tightens, and price rises. It's still a market — prices can move — but real hosting costs act as a floor and ceiling that sentiment alone can't override for long.
HoloFuel itself isn't built as a speculative trading asset — it's a utility currency for hosting work. HOT, the ERC-20 placeholder token from 2018, is what's currently tradeable, and it's designed to redeem 1:1 for HoloFuel once migration is live. Holo Ltd. doesn’t run exchange or redemption services directly — any such services would be provided by appropriately licensed third parties.
HoloHost application and network fee models are subject to final publication. Holo Ventures delivers software and infrastructure services without taking cuts from peer-to-peer transaction fees.
No. HOT is an ERC-20 "IOU" token on Ethereum, sold in 2018 as a pre-sale claim on future hosting capacity. HoloFuel is the actual mutual-credit currency that settles hosting transactions inside the network. HOT is designed to redeem 1:1 for HoloFuel once the migration is live.
A large-scale technical migration test ran in April–May 2026 with real community testers and positive feedback. Migration testing was executed on the Sepolia testnet using mock HOT tokens, not real tokens. Holo Ventures has said the live migration will be available by 1 November 2026 — explicitly a worst-case date, not a target, so it could open sooner. The conversion rate is 1:1. A swap period of at least six months has been committed. Full migration terms haven’t been published yet — when they are, they’ll come from Holo directly.
Not Holo Ltd. directly — regulatory requirements mean any exchange, conversion, or redemption service has to be run by an appropriately licensed third party. The technical bridge itself uses wrapped HOT, cryptographic proofs, and Unyt smart agreements, with no custodian holding your funds along the way.
Going negative is a normal, intentional part of how the currency works — not a malfunction. In mutual credit, spending into a negative balance is literally how new supply gets created: one person's positive balance is always matched by someone else's negative one, and network-wide they sum to zero.
It's tied to your track record of actually delivering hosting, not collateral or wealth. Someone who's reliably provided hosting capacity for a long time has demonstrated they can repay a negative balance with future hosting, so the network extends them more credit. The longer and more consistent your history, the higher the credit line you earn.
Their negative balance stands — it's an obligation they still owe the network, not one that's forgiven. Since credit lines are earned through track record, unreliable hosts see their limit shrink over time, and repeated failures make it harder to go negative again in future. The system leans on reputation and peer validation rather than collateral to keep obligations honest.
Not yet. Hosting on the network is currently paid in HOT while HoloFuel's accounting layer is finished. HoloFuel is scoped to hosting specifically for now — other real-world networks plugging into the same model isn't live or announced.