Ampleforth
Ampleforth is a digital-asset-protocol for smart commodity-money, with an advanced protocol that uses trusted ‘oracles’ to obtain accurate and fluid exchange-rate data.
AMPL supply expands and contracts in response to it’s price deviating from a 1 USD target. Deviations result in a supply change of AMPLs once every 24 hours, increasing or decreasing the number of tokens in each holder’s
wallet pro-rata. Ampleforth is the only asset in the world with this elastic supply property, and therefore has counter-cyclical trading pressure and is uncorrelated with other digital assets such as Bitcoin.
Token will be used for payments, transactions and for utility purposes across the platform.
– The team behind Λmpleforth includes a series of talented members, which acquired vast experience in CS, finance. And economics in well-known companies and crypto projects such as Google, Uber and from the crypto side
Pythagoras Pizza. Their Advisory Board presents some very well known figures in the crypto sphere such as Joey Krug, core dev at Augur, founder of Beam and Investments officer at Pantera Capital. Another impressive
character is Paul Veradittakit, a Partner at Pantera Capital. They are also backed by some remarkable investors such as Pantera Capital, FBG Capital, Huobi Capital, and DHVC Capital.
– Projects like DAI, the first distributed stable token which already proved himself to stay stable through a system of loans and collaterals can resolve a though competition for Λmpleforth. They will need to find a way
how to get a massive adoption even though there are some working products on the market.
19 Jun 2019
Total Hardcap
$4,900,000
Token : AMPL
Token type: ERC-20
ICO price: 1 AMPL = $ 0.98 USD
Finite token number50,000,000 AMPL
Token Allocation: 0% Ecosystem, 23% Treasury, 17% Team, 6% Future Employee & Advisor Pool, 4% Advisors, 19% Seed, 3% Private(Series A), 10% Public sale(IEO)
Availability::
Afghanistan, Albania, Belarus, Bosnia & Herzegovina, Burundi, Central African Republic, Cote d’Ivoire, Cuba, Democratic Republic of the Congo, Ethiopia, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Liberia,
Libya, Mainland China, Malaysia, Myanmar (Burma), North Korea, Republic of Macedonia (FYROM), Serbia, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Thailand, Trinidad & Tobago, Tunisia, Uganda, Ukraine,
United States of America (USA), Venezuela, Yemen, Zimbabwe are Exempted.
Status: Whitepaper is ready.
Accepted Currencies: BTC
Date: Jun 13 – Jun 19
Cap: $4,900,000 USD
Price: 1 AMPL = $0.98 USD
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