Ampleforth Token

by Ampleforth Foundation

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BOMB

by BOMB

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GAS

by NEO

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Ampleforth Token

by Ampleforth Foundation

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BOMB

by BOMB

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GAS

by NEO

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What problem does this service solve?

Ampleforth's goal is to serve as an elastic cryptocurrency that will be less correlated to the price of Bitcoin, and will allow investors to diversity their Crypto portfolios.BOMB's goal is to be a decentralized hedge against traditional inflationary currencies.GAS is used to pay for transactions on the NEO network.

Token Stats

Company Description

The Ampleforth token is a cryptocurrency with a variable supply. The total number of Ampleforth tokens in circulation changes daily and is adjusted according to the overall demand. The Ampleforth protocol is non-dilutive and ensures that the adjustments in supply that result in response to changes in demand occur proportionally across all the wallets in the network. This ensures that the percentage of each token holders overall ownership of the network remains stable, despite the adjustments in the overall token supply. The protocol is designed to reduce the correlation of the price of Ampleforth to the price of Bitcoin.

BOMB is an Ethereum based token that is designed to be a deflationary cryptocurrency self-destructing currency. The project is meant to be a social experiment and financial case study to determine the feasibility of a deflationary currency. There were originally 1,000,000 BOMB in circulation, and 1% of each transaction is destroyed.

GAS is the token that is used to pay for transaction fees on the NEO network. The NEO platform uses two different tokens; GAS are used to fuel the network and give holders the right to use the NEO blockchain. Similar to Ether on the Ethereum network. Although it's possible to buy GAS on some exchanges, NEO token holders automatically generate GAS as the blockchain increases in size. 8 GAS are distributed for every 100 million NEO in circulation.

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