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An Adaptive Base Money1-10 Employees
  • B2C
  • Early Stage
    Startup in initial stages
  • Top Investors
    This company has received a significant amount of investment from top investors
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1-10 people
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CryptocurrencyFin TechBlockchain / Cryptocurrency
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An Adaptive Base Money
Ampleforth (AMPL) is a monetary innovation and primitive building-block for the decentralized finance ecosystem. Like Bitcoin, it is uncollateralized. Unlike Bitcoin, the Ample eschews a fixed supply schedule and instead automatically adjusts supply in response to price-exchange rate. The Ampleforth protocol receives exchange-rate information from trusted oracles, and propagates that to holders of its units (Amples) by proportionally increasing or decreasing the number of tokens each individual holds.

The unique incentives, movement pattern, and monetary qualities of AMPL, make it ideally suited to: 1) add value to baskets of digital assets, reducing aggregate volatility, 2) be useful as a building block in broader decentralized finance (DeFi) applications, much as physical commodities were building blocks in the historical financial system.

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Brandon Iles
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Co-founder Ampleforth, a smart commodity-money. Uber Location Search and Rider Prediction Google Machine Intelligence and Search Ranking
Avatar for Evan Kuo
Founder of Ampleforth. www.ampleforth.org
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