ELI5AMPL

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#ELI5AMPL is a Writing Contest and Twitter Giveaway on #Publish0x with $1,000 in $AMPL Prizes! Details of ELI5AMPL Contest can be seen here.

 

 

AMPL: Ampleforth is the pioneer in the "elastic assets" space. Backed with the likes of Coinbase’s CEO Brian Armstrong, it went live in late June of 2019. The team behind AMPL designed the token to track the 2019 US Dollar (however, it’s not your typical stablecoin), doing so with a daily "rebase". Read more here.

Date: Submit your entries between now, and Monday, 1th of January 2021.

Prize Pool: A minimum of $1,000 in AMPL! Details on how the prizes will be distributed can be seen below.

Topic: We have two topics in mind...

  • AMPL can be complex to grasp. But, they say those who really understand a subject can explain anything in simple terms. Who can explain AMPL in the simplest way?
  • Additional and bigger Champions / Anaysts prizes (on top of the $1,000 in AMPL prizes!) for really in-depth and unique analysis and future speculation around Ampleforth and AMPL!

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

10 Jan 2021 9 minute read 36 comments PVM

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...

#ELI5AMPL - Explain $AMPL to my Grandma

10 Jan 2021 2 minute read 3 comments the01crow

I imagine trying to even explain about cryptocurrency to a person who has never heard or if he has heard has a rather vague and distorted idea in many cases about this, unfortunately people who don't know about cryptos only know that something called...

ELI5 Amplforth

10 Jan 2021 1 minute read 1 comment Seglibeast

Hello to everyone that’s reading! Since this is my first posting I’d like to say that publish0x has helped me understand crypto as well as given me a little to explore with.  For how I wanted to explain Amplforth I have taken something that is possib...

What you should know about Ampleforth project...

9 Jan 2021 8 minute read 3 comments qsyal

If you know me (form my previous posts), you know that I'm always in research of promising crypto projects. Once I find one, nothing stops me from keeping diving in it for discovering all its features and aspects. Today, I'm back with another in-dept...

Explain it like I am 5 - Ampleforth (AMPL) Contest

8 Jan 2021 5 minute read 8 comments Heruvim78

So, this is an interesting discussion with a 5+ year old . Challenge accepted.  Me: So, do you know what money are? 5 year old (known from now on as 5): Yes, money are coins and notes that i use to buy toys and sweets. And sometimes clothes and shoe...

How Ampleforth Is Redefining Money

8 Jan 2021 7 minute read 11 comments paragism

One of my American friends told me some years back that the US was amidst an obesity pandemic. I googled that time to learn that the rising obesity in the country was indeed a public health crisis. Why did people eat so much there? We eat when we are...

Ampleforth Is Easy

7 Jan 2021 4 minute read 4 comments ohdearcrypto

The basic workings of Ampleforth are actually really very simple. Once you familiarise yourself with its workings you'll look at Bitcoin and other currencies a bit differently. Ampleforth has a solid website with extensive documentation, befitting of...

What Could Be The Use Cases Of AMPL?

6 Jan 2021 2 minute read 4 comments ☑️0🆇D̺͈͙͕̿ͧ̑ͣ🅰🆅🅸🅳eͤ

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...

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

5 Jan 2021 6 minute read 24 comments CryptoMarketing

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...