Antiample Ampleforth tries to replicate fiat. We want to destroy it.
Manifesto Rather than attempting to recreate traditional financial structures on the blockchain, we should be developing structures that serve as their antithesis. Otherwise, the same problems inherent to the modern financial system will only be replicated once again.
We are seeing this happen in the crypto space already. Projects are no longer deemed interesting without the backing of top tier VCs. Speculators clamor at news of big banking institutions and governments allowing their technology to operate within their system. Is there no more dignity to the crypto movement?
Antiample is an ERC20 token on the Ethereum blockchain. Unlike a regular ERC20 token, Antiample has a constantly reducing supply. Holders of Antiample own a portion of the total supply of the token rather than an amount of Antiample themselves. When the value of 1 Antiample token decreases, the supply is decreased by at least 1%. This causes each Antiample to be worth more.
While Ampleforth issues more tokens based on supply and demand, we constantly destroy it. Cryptocurrency was born on the concept of deflationary assets. Antiample takes this concept to the extreme.
How will the free market behave? How will traders react to a constantly reducing supply? Who knows? What are the limits of our current concept of what a financial system is?
We don't have an answer, but if this intrigues you, you might want to join us to find out.
I see people on etherscan selling for like .002 ETH like WTF are you even doing in an extremely volatile and brand new shitcoin if you’re scared to lose a few bucks
Hudson Clark
May you make 100x my friend
Jacob Powell
you know what, you're right. i'm going all in, fuck ampleforth
Angel Jenkins
please don't even get me started, I see people selling dribbles and its like ok I am not even hating on u for buying 0.002ETH worth but selling for 0.002ETH, are u a smooth brain? you could actually make some money off that 0.002 if u just left it for a bit fucking hell
Angel Sanders
We can't all make it, that's the sad truth. Someone has to have weak hands and sell, and other buy in order for the price to rise up. If everyone hodled then it'll never rise.
Ethan White
“Look I made a profit of $10 even though I just paid $10 in fees to get the xamp” faggots
people know it's a scam, but they also know that they can make money off of it, so they're being overtly precautious and the result is they're not actually making any money.
Blake Miller
hahahah yeh fucking spastics man, biz actually helps this time but i think some ppl are just destined to lose
Eli Nguyen
But what are they doing here? Crypto is about flipping shitcoins, otherwise I would buy boomer stonks
Dylan Clark
What's end of month price, anons?
Hudson Hughes
push past the .01 resistance.....focus everyone
Jason Reyes
Going to smoke a joint, when i come back this coin better be .01 or else.
Pathetic. A circlejerk by faggots who think they’ll find gullible ones to pump their bags. And then you have audacity to call them ”frens” on tg or discord, at the same time having no problems to dump on them. The underbelly of crypto
Hunter Price
>dump on them >dump on them >dump on them what is flipping shitcoins
Colton Hughes
Are you new? Either new or absolutely SEETHING
Owen Cook
how is it a scam? how? As shitty as AMPL is for supporting FIAT, AMPL isn't a scam either. You think Brian Armstrong from coinbase would be invested in a ponzi?
Xavier Rivera
he didn't make any easy money
James White
is this the most updated thread??
Elijah Barnes
yes
Juan Anderson
shouldnt the next rebase happen already?
Oliver Bailey
big billdrummond rebases when he wants to
Jason Young
Satoshi Nakamoto about to rebase us
Ian Gutierrez
Rebase me my body is ready.
Jeremiah Morales
Why is everyone buying in Ample clones? Just found Newample, no website, no team, no discord, no whitepaper and just like 10 token holders. But people are already buying it and keep sending ETH.
Why aren't they sending me their ETH if they want to get scammed?
