Upbit Adds HOLO Token Listing on KRW, BTC, and USDT Markets

Upbit, one of South Korea's premier cryptocurrency exchanges, has announced the simultaneous listing of HoloworldAI's HOLO token across its KRW, Bitcoin (BTC), and Tether (USDT) trading markets. Deposits for the token are scheduled to open at 8 PM KST on October 11, with trading officially kicking off an hour later at 9 PM KST.

What is HoloworldAI?

HoloworldAI is a cutting-edge infrastructure project focused on creating intelligent AI agents that go beyond traditional chatbot functionalities. These AI agents can autonomously interact with users through text, voice, or avatars, eliminating the need for coding expertise. Leveraging real-time data and an advanced plugin ecosystem, these AI-driven characters are equipped to execute intricate tasks and provide highly personalized experiences.

The project’s ultimate goal is to foster a robust ecosystem designed for brands, gamers, and content creators to build unique Web3 experiences. Central to this mission are platforms such as the AI Agent Marketplace and HoloLaunch, a launchpad for creators aiming to accelerate narrative building and immersive storytelling.

Key Role of the HOLO Token

The HOLO token is integral to the HoloworldAI ecosystem, functioning as its utility token with multiple applications. Key uses include:

• Governance Participation: Empowering token holders to influence decision-making processes within the ecosystem.
• Rewards Distribution: Providing incentives and rewards to creators for their contributions.
• Staking Mechanism: Allowing participation in the launchpad platform through token staking, which supports ecosystem growth and innovation.

This versatile token underpins the project's infrastructure while fostering engagement within the community.

Solana Network Exclusivity for Transactions

HOLO deposits and withdrawals will exclusively utilize the Solana blockchain network. Upbit has shared the official contract address for HOLO transactions as 69RX85eQoEsnZvXGmLNjYcWgVkp9r2JjahVm99KbJETU. The exchange advises users to thoroughly verify this address before initiating any transactions to avoid errors and ensure secure transfers.

Initial Trading Restrictions to Promote Stability

To maintain a controlled trading environment during the initial rollout, Upbit will enforce specific trading limitations. These restrictions include:

1. Five-Minute Limitation on Buy Orders: During the early trading window, buy orders will be temporarily restricted to stabilize the market.
2. Limit Orders Only for Two Hours: Users will be permitted to place limit orders exclusively for the first two hours, providing a more predictable trading atmosphere.

These measures are designed to mitigate market volatility while facilitating a smooth introduction of HOLO to Upbit's trading platforms.

Advisory for HOLO Investors

Upbit has issued a series of guidelines for prospective investors to ensure compliance and smooth transactions. Speaking on behalf of the exchange, an Upbit representative emphasized, "All HOLO deposits will undergo verification in accordance with Travel Rule regulations, which apply regardless of the deposit value. Additionally, deposits made via networks other than the specified Solana network will not be supported. We strongly encourage investors to exercise caution and familiarize themselves with these requirements."

By adhering to these guidelines, investors can contribute to a secure trading environment while minimizing risks associated with blockchain transactions.

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