Ampleforth

Ampleforth

Created using Figma
Created using Figma
Ampleforth is the name of a character in George Orwell's 1984 who is responsible for translating poetry into Newspeak, a language designed to limit freedom of thought. When tasked to replace the word “God” in a Kipling poem, Ampleforth refuses, not out of righteousness, or subversiveness, but rather, a simple love for language and respect for the truth. To Ampleforth, no other word makes sense in context and therefore no other word should replace it.
IEO
To be announced
Token Details
Accepted Currencies
BTC
Company Details
Registered Country
United States
Additional Details
Whitelist
Yes ,
KYC
Yes
Categories
Platform

About Ampleforth

Distributed ledger technologies enable the coordination of people without a central authority. And while this technology has cultivated a mass of new ideas across many domains, we continue to believe that the most salient opportunity presented is that of disintermediating the issuance and regulation of money. 

This belief has led us to think extensively about what qualities an independent money should have, and what problems an independent money can solve that a sovereign money cannot. 

And we have concluded that the single greatest advantage of independent money is its ability to remain solely focused on the responsible regulation of supply—such that purchasing power remains undiminished by cycles of inflation. 

There is a very real possibility that a digital asset can make obsolete the problem of nonuniform inflation; and a solution to this problem would decouple us from the conflict between national and international interests that has been so troublesome for sovereign monies and the global economy to date. 

Many stablecoin projects today are recreating fiat on distributed ledgers, and we think this is worthwhile because it opens up the free trade of money—lifting the floor of quality to that of the best fiat money. 

However the true potential of independent money lies not in lifting the floor, but in lifting the ceiling of money quality. For this reason, we have chosen instead to address this much older, bigger problem of inflation and its connection to national policy. 

The Bitcoin protocol has made enormous strides in this direction, but its fixed supply policy limits functionality to that of a digital gold. Our mission is to produce a money that is both sound, like gold; and stable, like fiat. For the first time ever, this is possible.

Ampleforth is a decentralized store of value protocol that is volatile in price and supply at launch, but is strictly better than Bitcoin at steady state because it converges on a stable unit of account. Like Bitcoin, Ampleforth is decentralized, enforces a strict supply policy, and is resistant to the devaluing effects of inflation. However unlike Bitcoin, the currency is capable of evolving from a store of value, to a unit of account, to a medium of exchange over time. 

Activity

Members:
4 460
MEDIUM
30 Days Growth:
2691
Alexa

Rank:
1 370 498
VERY LOW
Delta:
-415 592

Participation in events

Ampleforth Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Evan Kuo
Engineer / Product
unverified
Brandon Iles
Engineer / Architecture
unverified
Ahmed Naguib Aly
Engineer / Backend
unverified
Aditya Sarawgi
Engineer / Backend
unverified
Nithin Krishna
Engineer / Backend
unverified
Jessica Yen
Branding / Operations
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Joey Krug
Advisor
unverified
Noah Jessop
Advisor
unverified
Michael Karnjanaprak...
Advisor
unverified
N/A
5.0 11
IEO Profile Vision Activity Potential Product Team

Ampleforth Reviews

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