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.

How Ampleforth is Like a Mouthful of Marshmallows

6 Jan 2021 4 minute read 4 comments BryRi

Think about the first time you had a marshmallow.  Was it over a campfire or in a cup of hot cocoa? Even today you can see the bliss when kids fill their faces with the ingenious creations.  Well think about this: How Ampleforth is Like a Mouthful of...

What Could Be The Use Cases Of AMPL?

6 Jan 2021 2 minute read 4 comments ☑️Arͬcͨaͣ🅽🅶eͤl̜̝̖̼͔̞̃ͮ͑̐̉͌🅾➏➏➏

Ampleforth (AMPL) is a token pegged to the dollar value but at the same time volatile (within a certain limit). Through a mechanism called "Rebase" it increases / decreases the supply to maintain its value in a range between $ 0.96 and $ 1.06.Clearly...

$AMPL Can Mimic $DOGE Price Pattern (to a degree)

6 Jan 2021 4 minute read 7 comments Brawnd0

Let me be clear; everything in this entire cryptocurrency space is pretty much just an experiment.  Some experiments work and become new pieces of technology that we use in our day-to-day lives, while others fail and simply fade into the background....

Announcement on the AMPL delist

6 Jan 2021 1 minute read 8 comments FredLopez

    Maybe one of our favorite tokens at Publish0x community is Ampleforth ( AMPL ), maybe a lot of us have made money with it rebase. For me, it is one the best crypto ever made but now, I have bad news for those ( including me ) that loves AMPL. Th...

Publish0x - My 2 months experience

6 Jan 2021 1 minute read 0 comments Drvinjez118

To be honest... I don't even remember where have I heard for Publish0x for the first time. But in a sea of all kinds of new experiments that I have tried, this one turned out fantastic for me. 😎 Using this platform is easy and intuitive so I immediat...

Reading to coffee #5

5 Jan 2021 1 minute read 2 comments andrej

What good happened in 2020 - part 1   The year 2020 was hard for a lot of people, but some good things happened. Enjoy reading !   1. Rover Curiosity made the highest resolution panorama of Mars. Has 1.8 billion pixels.    2. The second person ever...

Did she get it? AMPL explained to my 5-year old

5 Jan 2021 6 minute read 24 comments CryptoSorted

I decided to gift my 5-year-old daughter some AMPL for Christmas. Here's a record of how the conversation went.   Me: Hey! sweetheart, come here. Daughter: Daddy!   Me: Merry Christmas! Daughter: Merry Christmas. Did you buy me another gift?   Me: Of...

Ampleforth Redistribution

5 Jan 2021 1 minute read 0 comments JayC0730

Until today I had not seen a change in Ampleforth price that made an impact. It seems Ampleforth has finally made enough of a price move to cause a rebalnce that may be noticeable. I will report if it redistribute the way I expect. My few coins are i...

Bitcoin turns another year and continues to break records!

5 Jan 2021 1 minute read 0 comments Roberto D.

On January 3, 2009, the open source code of the first cryptocurrency was released. Eleven years later, it is the seventeenth currency in the world, albeit not tied to monetary authorities. To this day he continues to break all records.   Bitcoin con...

Dialog with Grandma on Ampleforth (Amplmorph?) #ELI5AMPL

4 Jan 2021 2 minute read 2 comments renangeographia

    Etherscan: 0xd46ba6d942050d489dbd938a2c909a5d5039a161     I hope you don't mind, Grandma has hearing problems... Me: Grandma, today I'll explain you about the new asset used...