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.

How Ampleforth Works ($AMPL) #AMPLMeme Contest :D

27 Nov 2020 1 minute read 0 comments Cryptolohy

I made this little video to participate in the  #AMPLMeme contest organized by Enjoy!     Follow me on LBRY  My favorite, I can upload PDF's, audio and video, and is decentralized, follow me there, and you also will get some free crypt...

#AMPLMeme contest entry

26 Nov 2020 1 minute read 0 comments DragoNate

AMPL is rich for the meming. Also, a bonus meme, but it doesn't fit the theme for the contest. I created this one first, then realized the theme is wrong!Enjoy le meme anyway! Sorry the darn thing is so effing tiny. Publish0x only allows 2MB images...

#Ampleforth is not a stable coin

26 Nov 2020 1 minute read 0 comments Siscohills

# Ampleforth is not a stable coin and that's why we are special, unique and incomparable

#AMPLMeme contest. Fantastic Forth

26 Nov 2020 1 minute read 0 comments Zimburla

The real power structure of the world

26 Nov 2020 1 minute read 2 comments MrHuman88

Ampleforth meme

26 Nov 2020 1 minute read 0 comments Jw1

Ampleforth giona give aple of profits!! 

#AMPLMeme contest. Fly my Ampleforth, fly!

26 Nov 2020 1 minute read 1 comment Zimburla

#AMPLMeme contest. That's the Spirit!

25 Nov 2020 1 minute read 3 comments Zimburla

AMPLMeme Contest entry!

25 Nov 2020 1 minute read 2 comments bengy

Ahhhh..  we all love the AMPL daily rebasing event.... so many different reactions to it!  

AMPLMeme contest

25 Nov 2020 1 minute read 2 comments shadowofsatoshi

Here is my entry to the #AMPLMeme competition here on Publish0x. I shared it as well on the Twitter. If you would like to join the competition, here is the link to the rules, so you can make your own meme.