Ampleforth (AMPL) - New Digital Currency Built on Ethereum Blockchain
AMPL the native coin of Ampleforth, an ERC-20 token built on the Ehtereum blockchain. Ampleforth is an innovative new type of digital currency. AMPL is designed to be adaptive to supply and demand where all holder's wallet amounts fluctuate daily.
"The AMPL protocol automatically adjusts supply in response to demand. When price is high, wallet balances increase. When price is low, wallet balances decrease.
Never be diluted by supply inflation
AMPL is non-dilutive. Supply adjustments are applied universally and proportionally across every wallet’s balance. This means your percent ownership of the network remains fixed.
This Solves The Diversification Problem
Today's cryptocurrencies are dangerously correlated. AMPL's unique incentives allow it to decouple from Bitcoin's price pattern. This reduces systemic risk by adding diversity to a homogeneous ecosystem.
This Solves The Inelasticity Problem
Like precious metals, today's fixed supply cryptocurrencies are vulnerable to sudden shocks in demand and cannot be used to denominate complex contracts. As a result, sophisticated economies cannot be built upon them. AMPL is the simplest direct solution to the supply inelasticity problem."