Amp is a project that deserves review due to the token making it to top gainers chart on coinmarketcap. Nowadays, the cryptocurrency world is being driven by memes, shitcoins and non-functional tokens, created on several different networks and blockchains, which serve no purpose at all other than tricking users into trading those assets to create market fluctuations that are backed by no specific reason at all and are all artificially made. This mess must come to an end, and cryptoandreviews.com is here to do that.

The benefits of Amp are closely linked to the utility of the tokens which will be reviewed on this article.

Cronos, PancakeSwap and The Sandbox all had a quick run up when they were introduced into the market. Many people invested in the initial idea while others didn’t. You know the rest of the story as of today.

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Amp Review

About Amp

A lot of investors have hurriedly delved into investing on a project they have little knowledge about Due to Fear Of Missing Out. So on this article, we will review Amp token by explaining what the coin is about, tokenomics, roadmap, ICO, staking insights of the project, listing the pros and cons, the supply and how legit/safe the token is for investment.

What is Amp?

Amp is described as the new digital collateral token offering instant, verifiable assurances for any kind of value transfer.

Using Amp, networks like Flexa can quickly and irreversibly secure transactions for a wide variety of asset-related use cases.

How does Amp work?

Amp claims to offer a straightforward but versatile interface for verifiable collateralization through a system of collateral partitions and collateral managers.

Where collateral partitions can be designated to collateralize any account, application, or even transaction, and carry balances which are directly verifiable on the Ethereum blockchain, collateral managers are smart contracts that can lock, release, and redirect collateral in these partitions as needed in order to support value transfer activities.

Amp supports a wide variety of use cases for collateralization, and also introduces the concept of predefined partition strategies, which can enable special capabilities such as collateral models through which tokens can be staked without ever leaving their original address.

Amp Supply

There are 42.23B AMP in supply worldwide.

Pros and Cons of Amp

Pros of Amp  

• There is a surge in the market price currently
• Project whitepaper available
• There is a community
• Contract on Ethereum
• They are fully decentralized
• A lot of investors are ‘flocking’ to invest
• It is listed on coinmarketcap
• Good navigational website – Amp

Cons of Amp  

• The coin is still under research and development
• Multiple issues with its synchronizations between ledgers
• Not listed on some exchanges
• No Github profile
• They have no reddit account
• No Bitcointalk thread created
• No traceable features on tradingview

Is Amp Legit or Scam?

A cryptocurrency project requires you to part with your hard earned cash in order for you to become successful. You expect some level of transparency and professionalism from a project or the team that is asking for your money.

According to research and reviews, Amp have developed a problem solver but with a weak back up for the token they produce. Going through their community and roadmap about their project, their visions and aims have so far been achieved.

Is Amp Safe?

Being willing to invest in any token is a question entirely up to you to answer. Amp token has a formidable team and vision to backup their digital assets and project. The project will succeed but depends if the team keeps the vision active and alive.

Make personal research on the coin, visit coin’s official website.

Follow our blog to learn about coin legitimacy. You can share your thoughts and experiences about Amp on the comment section below. Don’t forget to rate and leave Amp a review.