AMP'suniquesellingpointisthatitprovides instantlyverifiablecollateral
TheAmpcryptoassetwillbeknownto manyastheplatformthathoststheFlexa instantcryptopaymentsapp,whichinturn powerstheSPEDNapp.Theunique sellingpointofAmpisthatitprovides instantlyverifiablecollateraltousersofits baselayer. Thatisextremelyusefulfor paymentnetworkssuchasFlexa thatprovideconsumerswitha wayofspendingtheircryptoand merchantsacceptingthevalue heldinthoseassets.
Flexainstantlyconvertsfrom cryptotofiat,sothemerchant neverhastohandlethecryptoand thereforedoesnotassumetherisk ofthepricechanginginadirection thatcouldleadtolosses. FlexafounderTylerSpaldingisspeakingat Messari'sMainneteventon22September. Someinthecommunityexpectan announcementforthcomingonthestatusof paymentsmadedirectlyonapps.As opposedtothepointofsaleserviceusedby morethan41,000merchantsintheUSand Canada.
ThefactisprobablyhelpingFlexaadoptionthere isnoneedforanyextrahardwareorcomplicated softwareupgrades.Thegreaterthevolume throughFlexa,themorerewardsforstakersfrom thefeechargedontransactions–stakersare providingtheassetsforcollateralpoolsviaFlexa Capacity. Anothervariabletoconsideris thatAMP'sfarmoresignificant growthpotentialcouldbefrom institutionalandprotraders accessingitscollateralpools.
DoestheAmpprice pumphavelegs? Jumpingintothemarket aftersuchasharpupturn holdsdangersforday traders.
Ifyoutookalongerviewandfocused onthefundamentals,thisprojecthas muchtobeliked.Anentryatcurrent beaten-downpricelevelscouldbe profitableforseriousinvestorsinstead ofthosehuntingforspeculativeshorttermreturns. Evenifthereisprofit-takingonsomeof Today'ssolidgainsandthepumpprovesto benarrowlybased,upcomingnewsflow couldquicklyturnanysuchreversalaround forthisDeFicoin.AMPcouldbeoneofthe bestcryptocurrenciestobuyrightnowfor outsizedreturns.
