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.

Ampleforth, A New Form of Money?

11 Jan 2021 8 minute read 0 comments renegadetrader

Ampleforth(AMPL) is a unique crypto-currency that is designed to have a flexible supply rather than a fixed supply like Bitcoin. The protocol is an ERC-20 token built on Etheruem and a single AMPL token is called an Ample. The total number of tokens...

Small Cap Cryptos: Ampleforth

11 Jan 2021 8 minute read 1 comment YankeeKitsune

Thank you for stopping by and checking out this series detailing coins and tokens with market caps below one billion dollars $US that have the potential to be a valuable part of your portfolio. We'll be examining their history, their role in the grea...

Eli, 5 Years Old, Learns About AMPL: Freeze Purchasing Power, Not Ice-Cream

10 Jan 2021 10 minute read 32 comments MoreGainStrategies

This is a story about Eli. Eli is five years old. Five years and five months, to be exact. She is my cousin's daughter. And every now and then, I look after her while my cousin and his wife go on a weekend trip. I don't mind looking after her. She is...

Ampleforth: the Einstein theory of Money Relativity [ELI5]

10 Jan 2021 4 minute read 0 comments Ariman

The great Albert Einstein, father of the physical theory of special and general Relativity, was surely a smart person. But he was delighted by simplicity.  Following his humoristic spirit, I'll try to tell you what's Ampleforth, and let's "Explain it...

AMPL aka Ampleforth

10 Jan 2021 1 minute read 0 comments Badbot666

How to explain AMPL as easy as we could? Well as a crypto newbie I would simply say... Ask uncle google, lol. But let's try and put something together so we can have a contest entry, right? SO... ELI5AMPL AMPL aka Ampleforth is a cryptocurrency that...

DeFi: Ampleforth, Maker a great performance

10 Jan 2021 1 minute read 0 comments Gamma

  After the boom of the last few months, the decentralized finance tokens (DeFi) are now stagnating and the total value of the dollar locked in the DeFi protocol has not stopped growing for more than 10 days. In terms of Total Stranded Value (TVL), o...

Ampleforth - How I Explained It To My Girlfriend

10 Jan 2021 1 minute read 1 comment bcflyfishao

How do you explain something that you don't really understand yourself? You do a lot of research, make your head hurt, and become totally immersed into a world that becomes unbelievable. The more I study Ampleforth the more I want to invest in this...

AMPELFORTH(AMPL): A project to keep an eye on!

10 Jan 2021 4 minute read 8 comments Airdrop Strike

Hey there! If you are here, then you are probably sixteen or older and a crypto enthusiast! NO? Worry Not! Here you will learn about AMPL, even  if you are five. Every seven or older reader, be like: (ps- Sorry :P)                                    ...

The Ampleforth Academy of Excellence: Ampy's School of Peculiar Children

10 Jan 2021 9 minute read 35 comments PVMihalache

Dear Publish0x community, I am back from my holidays! Hope you enjoyed my increased tips, the Twitter rebase guess and the meme competition.  I am Ampy Forth, the son of Aaron Forth and Anna Forth. I was born in Ampleforth village, in North Yorkshire...

Ampleforth: A Not So Complicated Explanation

10 Jan 2021 4 minute read 1 comment beastion

  Introduction Bitcoin is the king of cryptocurrency, and for a good reason. It’s the first cryptocurrency and one with the most monetary value. Because it is the cryptocurrency with the most monetary value, its rise and fall could easily affect the...