Dear ABCC users:
ABCC has now added a new cryptocurrency, HOT, for trading. This has increased our trading pairs to include HOT/BTC and HOT/ETH. More cryptocurrencies and trading pairs are coming soon.
HOT are transferable ERC20 tokens on the Ethereum public blockchain. When the Holo network goes live, these tokens can be exchanged for the corresponding credit balance (Holo fuel) on the Holo network and destroyed upon exchange.
Holo fuel is not a crypto-token or cryptocoin, but a mutual credit accounting system where every transaction is countersigned on the local chains of both counterparties. Holo fuel is backed by a vital modern asset, computing power, and is priced in computing units: processing time, bandwidth, and storage.
Holochain is a new open source framework for truly peer-to-peer applications. Holo provides normal, everyday web users access to decentralized applications without needing to install additional software. This new form of hosting blends small consumer grade devices with other hosting assets to provide an efficient, dynamic, and inclusive hosting ecosystem. The Holo team has experience over the last 15 years building alternative currencies. They have designed monetary currencies, reputation currencies, and cryptocurrencies, and alternate value flows to make communities work as intended.
August 15th, 2018
You should be aware that cryptocurrencies are subject to high price-volatilities. You are solely responsible for determining whether any investment, investment strategy or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. ABCC reserves the right to rescind and terminate our services to users in countries and jurisdictions where relevant laws and regulations apply.