Holovate
HVC & the ledger, with nothing hidden
HVC is a free utility credit — not a cryptocurrency. This page documents the ledger's real parameters, its integrity guarantees, and exactly what is (and is not) on a blockchain today.
Last updated: 17 July 2026
HVC is an in-world utility credit. It is not a cryptocurrency, is not listed anywhere, has no market price, cannot be exchanged for money, and must not be treated as an investment. This page explains exactly how it works so you never have to take our word for it.
What HVC is — and is not
HVC (Holovate Coin) is the settlement credit of the Holovate world. It is used to buy land parcels and to carry credits attached to DApp Studio proposals.
- It is: free to receive (starter grant + daily faucet), tracked on an auditable off-chain ledger, and usable only inside holovate.space.
- It is not: purchasable, sellable, tradeable, redeemable for money, listed on any exchange, or live on any public blockchain.
If anyone offers to sell you HVC, that is not us — report it to admin@holovate.space.
Ledger parameters
These are the actual configuration values of the running coin service:
| Parameter | Value | Meaning |
|---|---|---|
| Name / symbol | Holovate Coin / HVC | Display identity of the credit |
| Decimals | 6 | Amounts are rounded to six decimal places |
| Ledger | Holovate off-chain ledger v1 | All balances live in the coin service, not on a chain |
| Max supply | 1,000,000,000 HVC | Fixed ceiling; the treasury starts with the full supply |
| New-wallet grant | 3,200 HVC | One-time free credit when a wallet first syncs |
| Daily faucet | 220 HVC | Free claim, once per calendar day per wallet |
| Treasury account | hvc_treasury | Grants and faucets are paid from it; land purchases return to it |
Because HVC cannot be bought, these numbers describe game-economy plumbing — not the tokenomics of a financial asset.
How the ledger stays honest
- Hash-chained transactions. Every transaction embeds the SHA-256 hash of the previous transaction, so history cannot be silently rewritten.
- State hash after every write. The full ledger (token config, wallets, lands, proposals, transactions) is re-hashed after each change; the current hash is public.
- Append-only journal. Beside the state snapshot, every event is appended to a journal file with its own state hash.
- Idempotency keys. Faucet claims, transfers, land purchases, and reservations honor an
Idempotency-Keyheader so retries can never double-spend. - Public audit endpoint. Anyone can call
GET /api/ledger/auditto see the state hash, transaction count, wallet count, land count, and the latest transaction.
curl -s https://holovate.space/api/ledger/auditCustody: your keys never leave you
Connecting a wallet shares your public address only. The coin service:
- never asks for, stores, or transmits private keys or seed phrases;
- never submits blockchain transactions on your behalf;
- returns unsigned, human-reviewable transaction plans from its mainnet endpoints, for your own wallet or multisig to inspect and sign.
Mainnet status, in plain language
No HVC contract is live on any public blockchain today. Here is exactly what exists:
- Solidity contract sources for an ERC-20 HVC (6 decimals, 1B cap, pausable), an ERC-721 land registry, and an HVC-paid land sale contract are maintained alongside the backend.
- The API can describe five EVM network profiles (Ethereum, Base, Polygon PoS, Arbitrum One, OP Mainnet) and reports per-network readiness at
GET /api/mainnet/readiness. - Those endpoints stay inactive until operators configure a verified contract registry — and the operations runbook requires legal review, an independent audit, and a treasury multisig before that can happen.
Until and unless all of that occurs, every HVC balance you see is an off-chain ledger entry with no monetary value. We publish this page so the current status is never ambiguous.