What is Amber? Amber is used to help trace products through their entire value chain, linking the information gathered to the recordsShow more [+] about the batch. Amber is also the fuel for the Ambrosus ecosystem, used to access the network services, interact with the sensor systems and to enter commercial agreements assured by smart contracts. Our Core Technology Partner for development of the Amber token is Parity Technologies.
Hello, ambrosus subreddit, I been following the project for a bit and got few tokens back when it was at 50 cents. I saw their recents model of tokenomic with 10k being the smallest amount in order to become a masternode. My question is that: is there any incentive to hold on AMB if the amount is smaller than 10k beside just trading it for profit? I was hoping to be able to stake but that didn’t look like the case.
I haven't been in ambrosus long, only since march, but I unfortunately fomo'd into the last bullrun to up my stakes to be able to run a master node.
Now that we are down almost 50% again, I can't stop my self buying more. I have the same feeling about AMB as I had in XRP back in 2014 (exceptional product that solves a real use case, but with very little traction), but it seems like we are loosing a lot of week hands at the moment.