Munich-based company and AUDI spin-out holoride will soon transform everyday car trips into hyper-immersive experiences. This will be made possible by combining navigation and vehicle data with extended reality (XR). The promise: Put on VR goggles, immerse yourself in another world and explore virtual worlds. The Elrond blockchain technology provides the secure foundation for building the holoride ecosystem.
Maiar Exchange works as a so called Automated Market Maker (AMM). Sounds complicated, but isn’t. An AMM is a protocol on a decentralized exchange and a core concept of the DeFi ecosystem. Instead of using an order book like a traditional exchange, assets are valued according to a mathematical formula – in this case a pricing algorithm.
Great news from Elrond: the in-house platform Maiar Exchange has been released on Devnet for final testing. Maiar Exchange is a decentralized online marketplace (DEX) for global and low-cost trading of tokenized assets, enabling its users to build passive income. For maximum performance, Elrond relies on the power and scalability of the Elrond network.
Holoride, the Audi spinoff that’s creating an in-vehicle XR passenger entertainment experience, is deploying blockchain technology and NFTs as the next stage in its preparation for a 2022 market launch.