
Holo, a decentralized cloud hosting platform, launched an Initial Community Offering (ICO) on March 29 after regulatory delays. The ICO raised 5,000 Ether in just over 10 days, aiming to build a peer-to-peer web hosting service where users can share spare computing power. Holo's unique ICO approach avoids discounts for large investors to ensure fair access for all contributors. Funds will be used to develop the Holo host software, the underlying blockchain protocol, and hardware devices, with a planned launch in summer.