Latest Posts with Ampleforth (AMPL) tag

Ampleforth (AMPL)

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Ampleforth (AMPL) is a digital asset, intended to act as a synthetic commodity, similar to Bitcoin and gold. The project gets its name from a character in George Orwell’s novel, 1984.

Founded by Brandon Iles and Evan Kuo, Ampleforth was designed to overcome some of the shortcomings held by assets in the cryptocurrency market, namely their volatile nature. The network’s use of a price-supply equilibrium algorithm is unique, taking into account both supply and price to reach an equilibrium that changes a holder’s supply, but not the price of the token.

While this may suggest that Amples are stablecoins and remain stable in value, they are indeed not. Ampleforth’s whitepaper covers how new baselines in token prices are reached over a period of time. The essence of this idea is that the supply of Ampleforth tokens contract or expand according to demand. The team states that this applies countercyclical pressure and keeps the price stable for long runs.

However, Ampleforth’s resistance to volatility is only one of the positive outcomes from its technical architecture, which the team states will also support medium and long term uses of acting as reserve collateral in decentralized banks and act as an alternative to central bank money, in addition to the short term use as a synthetic commodity digital asset.

Many of the project’s team members are former employees of some of Silicon Valley’s biggest companies, including Google and Uber, and graduates from Yale and Berkeley.

Learn more about Ampleforth (AMPL) here, including news, price predictions, opinions and analyses created by users.

About Ampleforth(my favorite)

14 hours ago 3 minute read 0 comments Gandisimo994

About Ampleforth The current CoinMarketCap ranking is #99, with a market cap of $179.672.852 USD. It has a circulating supply of 202.989.372 AMPL coins and a max. supply of 395.345.190 AMPL coins.   What Is Ampleforth (AMPL)? Ampleforth is an Etheri...

SOMETHING LIGHT-HEARTED (and a little risque)

22 hours ago 5 minute read 3 comments (S)llew la Wulf

  The beginning of this year (as was last) has been fairly shambolic in numerous ways. January is always a tough month; it's cold, dark, we're skint, often not feeling at our peak of fitness too (due to excesses at Christmas or simply just winter let...

The pandemic has taken the Crypto market to new levels

15 Jan 2021 1 minute read 0 comments Roberto D.

The coronavirus pandemic has led to an increase in global interest in the cryptocurrency market and pushed it to new heights, as the world economy remains largely volatile in a turbulent macroeconomic situation, said Changpeng Zhao, founder and CEO....

Ampl Wallets and Exchange

14 Jan 2021 1 minute read 2 comments Jorj naterdam

AMPL walletsThis token can be stored in any wallet that supports ERC20 tokens. Some of the most famous and best of these wallets are: MyEtherWalletLegerExchanges that buy and sell AMPLThis token can be traded in decentralized exchanges such as 1inch....

Team Ampleforth and Investors

14 Jan 2021 1 minute read 0 comments Jorj naterdam

Team Ampleforth The Ampleforth Network was founded by Evan Kuo and Brandon Iles. The idea for Ampleforth and its pilot network came to them in February 2018, and finally in May 2019, the project's white paper was released. Koo is the CEO and producti...

Ampleforth Project Roadmap

14 Jan 2021 1 minute read 0 comments Jorj naterdam

Ampleforth Project RoadmapThe Ampleforth network has introduced flexible tokens to the Defi community. The project intends to create flexible finance in the future, which will be the next generation of financial platforms and will use assets such as...

$AMPL is set for a Rebound - Deep Analysis

13 Jan 2021 4 minute read 7 comments CryptoChartWizard91

If you have been following $AMPL  over the past month, you might have noticed that it has been pretty quiet as it mainly sat within negative rebase territory. In fact, since around December 9th, 2020, all AMPL holders saw 40% days of negative rebases...

Reading to coffee #6

13 Jan 2021 1 minute read 2 comments andrej

Welcome to sixth episode of reading to coffee.  Today topic is: INTERNET   1. Every day there is send more than 300 billions of e-mails. About 97% of them are spam. 2.  Internet is 11630 days old (today 13.1.2020) 3. YouTube upload to internet ever...

How does Ampleforth(AMPL) work?

13 Jan 2021 2 minute read 1 comment Jorj naterdam

How does Ampleforth work? The Ampleforth network protocol is always in search of a supply price equation and automatically enters a state of unrest and eventually reaches this equilibrium. This process is done on a daily basis and the Ampleforth prot...

$350 in #AMPL Rewarded: Winners of #Publish0xWinterMeme Twitter Meme Creation Contest Announced!

13 Jan 2021 2 minute read 41 comments Igor Tomić

Thank you all for participating in the #Publish0xWinterMeme contest. Publish0x team and I loved your entries, many of them made me chuckle, and I wish that all users could get a reward. But some are luckier than others... Still, we've had to give out...