Holograms at the moment are fairly useless. They can be used to make statues of players that can be any size, and that's about it.
This suggestion will cover a major overhaul for holograms I thought up.
SECTION 1: PLACING
After crafting and placing a hologram, it will be bound to your UUID (similar to a TARDIS). This will prevent people breaking or changing the hologram (more on this later).
Placing can be used with the current format, where renaming the hologram to username or username:1 would place the holograms as a regular hologram or a solid hologram respectively.
SECTION 2: CHANGING HOLOGRAMS
Holograms will now be changed via a UI, obtained by sonicing the hologram block. The GUI will have 3 buttons along the left, which will bring up different tabs. Display, Permitted Editors, and Break.
DISPLAY: This will be the tab that automatically opens when you sonic the hologram. In here, there will be a few buttons and some text inputs.
PERMITTED EDITORS: As the name suggests, this tab would store all people able to open the UI to the hologram. Only the owner can modify this tab, however all with access can view. It would look similar to the TARDIS Waypoint GUI, with the name input, and a button to both save and delete names from the UI. Below the buttons to add and remove editors would be two buttons which only one of can be selected at any time. These would allow for everyone to be able to edit, or just the people on the list.
BREAK: This button will break the hologram similarly to breaking a shulker box, dropping the item with all NBT and settings saved, for moving the block without having to redo all the settings and such. That is all it would be used for, and is only usable by the hologram's owner. Breaking the hologram outside of the GUI would just drop a plain hologram item, and is also only able to be done by the hologram's owner.
SECTION 3: WHY THIS SHOULD BE IMPLEMENTED and CONCEPT IMAGES
This overhaul would allow for more uses of holograms for building and maps. It would also allow for more customisation, with any skin in existence being able to be a hologram, instead of just currently used player skins. It could also allow for HD skins to be displayed, as well as more ways to display items to show off builds more.
Extremely rough idea for the Display tab
Extremely rough idea for the Editors tab
If you have any more ideas, or just feedback on the concept in general, please leave them in the replies. I honestly hope this feature can make it to a future build of the mod (maybe 48, maybe further away in the future).