What is AMB Coin?

AMB coin is the native cryptocurrency of the Ambrosus (AMB) project. Ambrosus is a project that aims to provide transparency and traceability, especially in the agricultural, food and pharmaceutical sectors, by integrating blockchain technology into supply chain management. This platform records the journey of each product from its source to the end user on the blockchain. In this way, traceability of processes in the supply chain is ensured, while counterfeiting and quality control issues are reduced.

What is AMB Coin?

AMB coin performs several main functions in the Ambrosus ecosystem:

• Data Transactions and Recording: The platform uses the AMB token to track products and record related data on the blockchain. Manufacturers, distributors and consumers trade with the AMB token to verify data in the supply chain and maintain a transparent record.
• Smart Contracts: Since Ambrosus is an Ethereum-based blockchain, the AMB token is also used to run smart contracts in the ecosystem. This provides secure and automated processes for certain transactions and data records.
• Staking and Validators: The Ambrosus network uses a Proof-of-Stake (PoS) consensus algorithm. Validators on the network stake AMB tokens to ensure the security of the network and receive AMB tokens as a reward in return. The staking mechanism is critical to increasing both the security and decentralization of the network.

AMB Coin’s Tokenomics

The supply and distribution of AMB coin in the Ambrosus ecosystem has a specific structure. The tokenomics model aims to maintain both the sustainability of the ecosystem and the preservation of the value of the token. Here are the basic elements of AMB tokenomics:

• Total Supply: The total supply of AMB coin is determined as 361 million units. This limitation aims to keep inflation under control in the long term.
• Distribution: A portion of the initial supply is allocated to the project team, strategic partners, and early stage investors. At the same time, a portion is kept as reserves to support the development and growth of the network.
• Burning Mechanism: The Ambrosus network may occasionally perform burn operations to control excess supply and preserve the value of the token. Burning is a strategy to balance demand by reducing the circulating supply of the token.
• Usage Areas: AMB tokens can be used in various transactions on the platform. AMB coin is required for services such as data records, product verification processes, and smart contract interactions.

How to Buy and Store AMB Coin?

AMB coin is listed on various cryptocurrency exchanges and can be bought and sold on these exchanges. Wallets that support AMB tokens include Ethereum-based wallets (MetaMask, Trust Wallet, etc.) and hardware wallets. Since AMB coin is an ERC-20 token, it can be safely stored in all wallets compatible with the Ethereum network.

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Ambrosus aims to use the advantages offered by blockchain technology to make supply chain processes more efficient, secure, and transparent. This project, which has great potential especially in sectors such as health, food and logistics, plans to create a wider ecosystem in the future. AMB coin will continue to be a fundamental part of the platform’s transaction and verification processes, being at the center of this vision.

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As a result, AMB coin plays a critical role in both ensuring the operation of the Ambrosus ecosystem and bringing innovation to the supply chain sector. The tokenomics structure is also based on a system that aims to benefit both users and the network in the long term.

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