💎 AMPLIFY: Decentralized Financial Infrastructure 💎

[dontecalderone]

What developments does this project still need to progress?

[AMPT DeFI]

Should DeFi have a higher purpose?

We have talked about decentralization a lot of times, but today, let’s talk about why it is believed that the DeFi market is promising? Should the DeFi market have some higher purpose than simply generating profits?

Everyone who is observing the cryptosphere can’t but notice how rapidly it is developing in comparison with traditional economy with its principles that have stayed the same throughout thousands of years. In 2008, Bitcoin got in the game, and it was a landmark event. Today, 12 years later, BTC is no longer considered state-of-art. More advanced projects working on blockchain technology are emerging – fast, smart, reliable, and easy to use even for newbies. Let's see why the decentralized finance market is one of the most exciting areas today.

The goal of decentralized financial platforms is to completely overhaul the traditional system of monetary transactions in the most open and seamless manner possible. Many are fascinated by this area because of the ability to create and launch censorship-resistant products, as well as because of the interesting and promising technology that opens up a huge scope for experimentation.

DeFi is sometimes referred to as "LEGO money" for its modularity. By connecting different decentralized applications, you can create completely new projects, simultaneously increasing their user-friendliness, and maximizing your profit.

Why is DeFi innovation so important? Above all, decentralized finance thrives in settings without regulatory oversight. This ensures complete protection of personal life. One of the main challenges on the way to global blockchain development is the hostile environment of outdated laws and regulations, and some DeFi projects have already failed because of this.

AMPLIFY has a higher goal in DeFi, and aims to reform the modern industry: we are creating a system that will be transparent, reliable and easy to use. A system without bureaucracy and corruption, a system that is always the best option. If you, just like us, are fighting for a higher cause in DeFi — join our project and make your contribution to the future!

What developments does this project still need to progress?

the project is developing according to the roadmap. Follow the news. We publish the latest news on our social networks

[moderator's note: consecutive posts merged]

[alinali1]

When is the next AMA scheduled?

[strauss56]

Only the previous one ended.

[BikR]

No plan for listing it on uniswap?

[famlenayd]

What are the benefits of the holders?

[rublevv77]

How do you attract users?

[AMPT DeFI]

What is Non-Fungible Token (NFT)?

💬 Let’s talk about NFTs?

This is the hottest thing that is making investor and developer minds explode all over the world! Twitter CEO, Jack Dorsey, sold his first tweet as an NFT for millions of dollars, and the TIME magazine is selling its covers as NFTs for ETH. Let’s see what it is all about.

Non-fungible Token (NFT) — since it is NOT interchangeable, they can act as proof of authenticity and ownership in the digital realm. This feature allows using them for tokenizing intangible objects, where they serve as proof of ownership. These rights are recorded on the blockchain, which cannot be forged or altered in any way.. So, NFT has two important properties: UNIQUE and LIMITED.

NFT are issued on the Ethereum blockchain. In the NFT a lot of standards are adopted, but the most prominent of which is ERC-721. Or for example recently improved standard is ERC-1155, which allows single contracts to contain fungible and non-fungible tokens, opening up a whole new range of possibilities.

Like other tokens, NFT can be stored in a personal wallet, typically a Trust Wallet. It should be noted that NFT cannot be copied or transformed without the owner's permission - even by the NFT publisher.

🔶 What is NFT used for?

As we have already said, such tokens prove your ownership of something. These tokens could be a collectable item, an investment product, or something else. Also NFT can represent small chunks of real-world assets that can be stored and traded as tokens on the blockchain. This can provide the necessary liquidity for many markets that would otherwise not have a lot of participants. Such as handicrafts, real estate, rare collectables, rare whisky, rare wines. In essence, NFTs allow popularizing markets while reducing bureaucracy. Here at AMPLIFY we believe that this is a promising technology that will find its place in our lives soon enough!

[AMPT DeFI]

When is the next AMA scheduled?

Only the previous one ended.

you're right. Until the date of the next AMA we announced

No plan for listing it on uniswap?

es we will definitely list on Uniswap

What are the benefits of the holders?

🔻 By combining the advantages of traditional finance and blockchain technology we can ensure corporations benefit from:
🔸 Improved liquidity and working capital
🔸 Reduced risk of non-payment
🔸 Upgraded reconciliation process
🔸 Additional financing opportunities for SMEs
🔸 Convenience
🔸 Full transparency
🔸 Lower costs
🔸 Reduced error rates
🔸 Frees up resources to focus on core business
🔸 Level playing field for all participants

How do you attract users?

we have created a unique tool that gives users the ability to take advantage of all benefits offered by the world of digital finance!

these opportunities attract people!

[Igor56]

Amplify was accepted to F10 incubation program

😎 F10 - a global innovation ecosystem in Singapore - is launching a new incubation program in Singapore! And Amplify will participate in the incubation program!

🔘 F10 is an organization that believes the fastest route to innovation lies in early collaboration between startups, incumbents and investors. F10 was established by SIX — a global financial infrastructure provider and operator of the Swiss and Spanish stock exchanges. Nowadays SIX also works with international banks, consultancies, insurers and tech firms. Thanks to this kind of background, F10 is in the unique position to foster worldwide collaboration between startups and international financial services organizations

👏🏻 We are happy to work alongside F10. Over the next two weeks as part of the program we will see multiple workshops and online networking events! We promise to tell you all the details and keep you updated on the event’s agenda.

➡️ You can get up to date with the news on F10 LinkedIn page https://www.linkedin.com/company/f10-incubator-&-accelerator/

https://ic.wampi.ru/2021/03/12/imagedb81f4f61caabb8a.md.png

 think Amplify will achieve a lot

[Antonina3485]

And where can I find all the plans and goals of the project?

[siniavschi001]

Does the project have any knowledge about financial resources?

[kittehdome]

Most of investor just focus on the price of token in short term instead of real value of project. Can you tell us the motivation and benefits for investors to  long term?

[AMPT DeFI]

DeFi Digest: Main Stories This Week

☑️ 22.03.2021 - 28.03.2021

After hovering near $45B for much of March, the DeFi ecosystem’s total value locked (TVL) slouched some $5B this week to its current position of $40B. That’s a definite downswing, but it shows you just how far DeFi’s come when we're pulling back to $40B. Not bad, right?

💡 And it is Monday today, so we want to share last DeFi stories with you:

🔘 Ruler Tokenomics Updates
Upstart lending project Ruler Protocol unveils an update to its RULER tokenomics, which among other things entails a supply reduction.

🔘 FLOAT and the Money Gods
Novel floating stable asset project Float Protocol compares its FLOAT token to other contemporary projects, like RAI and FEI.

🔘 Announcing The ALPHA Tokenomics
Alpha Finance Lab announces ALPHA tokenomics, which involves users staking ALPHA to earn fees accrued by the Alpha Finance ecosystem.

🔘 Hop: Send Tokens Across Rollups
The Hop Protocol team introduces its plans for a scalable token bridge among Ethereum’s layer-two (L2) scaling solutions.
Introducing Kashi Lending & Margin Trading on SushiSwap’s BentoBox.The SushiSwap community unveils Kashi Lending, a margin trading platform powered by the BentoBox lending program.

🔘 Announcing Dragonfly Fund II
Dragonfly Capital launches a new $225M venture fund centered around investments in DeFi, NFTs, and beyond.

The DeFi market continues growing and we will continue watching it for you! AMPLIFY believes in keeping track of the market.and staying up to date with trends.

[AMPT DeFI]

Does the project have any knowledge about financial resources?

of course. more information on our website ampt.tech

Are you planning an AMA soon?

Only the previous one ended recently https://youtu.be/gGA7LaV-o5g

How much time was spent on creating it the project?

the project started in 2020

[siniavschi001]

Does the project have any knowledge about financial resources?

of course. more information on our website ampt.tech

Are you planning an AMA soon?

Only the previous one ended recently https://youtu.be/gGA7LaV-o5g

How much time was spent on creating it the project?

the project started in 2020

thanks for the info

[Speedvps]

What functions does the project have?

Amplify will bring the management and financing of liquidation down the chain.  They will also digitize assets as collateral

[bitMuscle]

How does Amplify compare to many yield farms offering a very high APY on liquidity staking, and why would investors choose it over other yield farming opportunities?

[BikR]

What functions does the project have?

Amplify will bring the management and financing of liquidation down the chain.  They will also digitize assets as collateral

I like this project. I think  his idea, unique.

This project pleases with its functions and characteristics.

[AMPT DeFI]

Would you lend to an SME?

In 2020 small and medium businesses received loans worth tens of millions of dollars from global financial organizations. The lending volume was growing 20-25% on average from quarter to quarter. As a result, the amount of debt small and medium businesses owe financial institutions has increased by more than 50%, while delinquency rates dropped by just 2%.

Small business loans serve as a great source of profit for a lot of people, but here at AMPLIFY we believe that lending to businesses shouldn’t turn into debt bondage, and instead be simple and understandable to all parties. This is why we are creating a unique project that you can join right now. In our system, businesses will be able to:

🔹 Borrow and lend easily
🔹 Tokenize off-chain assets for collateralization
🔹 Sell and buy invoices
Individuals Will Be Able To:
🔹 Earn by lending
🔹 Decide who qualifies for loans

💬 What do you say? On what terms would you lend to an SME?