Individualization & Ownership
A standard practice in the gaming industry is in-game purchases – personal upgrades or individualization offerings in the form of digital items. As players get more involved, these purchases generate additional revenue. In addition, unique in-game currencies are often created for these purchases to add value through enhanced functionalities, enable a universally and globally accepted in-game payment standard, or enable special discounts if players pre-purchase a specific credit – just to name a few. holoride will emphasize similar mechanics in its experience ecosystem – by creating its own social currency.
Individualization & Ownership
A standard practice in the gaming industry is in-game purchases – personal upgrades or individualization offerings in the form of digital items. As players get more involved, these purchases generate additional revenue. In addition, unique in-game currencies are often created for these purchases to add value through enhanced functionalities, enable a universally and globally accepted in-game payment standard, or enable special discounts if players pre-purchase a specific credit – just to name a few. holoride will emphasize similar mechanics in its experience ecosystem – by creating its own social currency.
Driving Change
holoride plans to establish a “Ride-to-Play-to-Earn”-cycle that incentivizes users’ engagement with holoride experiences. To foster the transition to sustainable transportation, a ride in an electric car or the use of ride-sharing services can earn users extra benefits. The holoride content and data economy is designed to create a sustainable environment that incentivizes the creation and consumption of in-car content, while also allowing the resulting metadata to be monetized. Participants include passengers, content creators and media companies, car manufacturers and mobility companies, extended reality (XR) platforms, and brands.
The Token
RIDE will supercharge holoride’s in-experience economy by creating sustainable engagement value for passengers. Furthermore, the RIDE token will power holoride’s partner network, enabling its participants to capture the value created. The RIDE token will be essential for building a vibrant and sustainable economy for the holoride ecosystem, connecting car manufacturers, content creators, brands, and passengers and enabling them to capture value along the way.
Use Cases
RIDE token use cases will be constantly expanded over the coming years. Some of its initial functionalities are
- ecosystem governance
- community benefits
- create, sell & buy in-experience items
- partner royalties
- grant program
Traveling the Metaverse
holoride embarks on this exciting phase of its journey, it does so with the intention of not just disrupting and reimagining an existing category of in-car entertainment but creating an entirely new one.
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