Ampleforth company info

What does Ampleforth do?
Ampleforth (CRYPTO:AMPL) is a decentralized monetary system that aims to provide a stable unit of account. AMPL is a cryptocurrency that is rebased daily, meaning that the supply of AMPL is adjusted up or down based on demand. This rebase mechanism helps to keep the price of AMPL more stable than other cryptocurrencies. AMPL is used by a variety of people and businesses, including individuals, businesses, and developers. Ampleforth is working on a number of projects to improve its protocol and expand its reach, including developing a new rebase mechanism, adding support for more wallets and exchanges, and expanding its ecosystem. Ampleforth's objective is to create a decentralized monetary system that is stable, fair, and accessible to everyone. Ampleforth believes that its protocol has the potential to revolutionize the way we think about and use money.
Ampleforth company media
Company Snapshot

How many people does Ampleforth employ?

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Employees
11-50

What is the market cap for Ampleforth?

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Market Cap
$36.95M

Where is the head office for Ampleforth?

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Head Office
San Francisco, CA

What year was Ampleforth founded?

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Year Founded
2018
What does Ampleforth specialise in?
/Alameda Research Portfolio /Algorithmic Stablecoin /Arrington XRP Capital Portfolio /Avalanche Ecosystem /DeFi /Pantera Capital Portfolio /Rebase

What are the products and/or services of Ampleforth?

Overview of Ampleforth offerings
DeFi applications: AMPL can be used to build decentralized applications (DApps) and financial products. For example, AMPL can be used to create decentralized exchanges and lending protocols.
Hedging: AMPL can be used to hedge against price fluctuations. For example, a business that sells products in a volatile currency can use AMPL to hedge against the risk of the currency losing value.
Medium of exchange: AMPL can be used as a medium of exchange, as it is accepted by a growing number of merchants and businesses.
Payments: AMPL can be used to make payments to suppliers and employees. This can be especially useful for businesses that operate globally, as it can help to reduce transaction fees and currency exchange costs.
Store of value: AMPL can be used as a store of value, since it is designed to be more stable than other cryptocurrencies through its rebase mechanism.
Unit of account: AMPL can be used as a unit of account, as it has a relatively stable price. This can be useful for businesses that want to avoid the price volatility of other cryptocurrencies.