What is Holograph

Article Summary, Automatically Generated By AI

Summary of Holograph

  • Holograph is an omnichain tokenization protocol for minting natively composable omnichain tokens.
  • Used to mint millions of on-chain assets, making it one of the most widely used protocols for cross-chain asset production and distribution.
  • Works by burning tokens on the source chain, sending a message via a messaging protocol to the destination chain, and then reminting the same number of tokens to the same contract address.
  • Provides a complete solution for asset issuers with customizable infrastructure for omnichain token creation, deployment, and transport.
  • Key benefits:

    • Preserves fungibility across blockchains
    • Unifies liquidity across multiple

About Holograph

In the realm of blockchain technology, Holograph is poised to revolutionize the landscape by introducing a novel, decentralized, and community-driven platform.

Holograph is a pioneering omnichain tokenization protocol that empowers asset issuers to create natively composable omnichain tokens, thereby facilitating seamless interactions across disparate blockchain ecosystems. With millions of on-chain assets already minted, Holograph has established itself as a leading protocol for cross-chain asset production and distribution, boasting an unparalleled track record of success.

Holograph operates by incinerating tokens on the source chain, transmitting a message via a messaging protocol to the destination chain, and subsequently reissuing the identical number of tokens to the same contract address. This process unifies liquidity, eradicates slippage, and preserves fungibility across disparate blockchain ecosystems.

Holograph offers a comprehensive solution for asset issuers, featuring a bespoke infrastructure that facilitates the creation, deployment, and transfer of omnichain tokens, tailored to meet specific needs.

Maintain Fungibility: Holograph empowers seamless token migration between blockchains, preserving the same contract address, thereby facilitating effortless indexing of cross-chain data for asset issuers. Unify Liquidity: Through its innovative burn and mint transport mechanism, Holograph consolidates token supply across multiple chains, ensuring tokens can traverse chains without fragmenting liquidity. Retain Sovereignty: Tokens minted via Holograph remain unencumbered by any specific chain, granting asset issuers autonomy over deployment and minting strategies.

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