Ambrosus (AMB) is a blockchain-based ecosystem built for the industrial management of sensing devices, supply chains and smart cities. The AMB token is an ERC-20 compliant token used to perform a utility service for the Ambrosus platform. Information about some topics that what is Ambrosus (AMB) coin, how it works, how to buy it, on which exchange, how much is it, etc. is in continuation of the article. You can browse here for information about Yooshi coin.
What is Ambrosus (AMB) coin and how does it work?
Ambrosus is a blockchain-based ecosystem for industrial management of sensing devices, supply chains and smart cities. Open source for the world of developers, Ambrosus aims to pioneer secure, transparent and integrated data management in sectors of the global economy. The Ambrosus Ecosystem combines blockchain with the internet of things (IoT), providing entrepreneurs, industries and businesses a framework to manage and share data securely and efficiently.
The AMB token is an ERC-20 compliant token used to perform a utility service for the Ambrosus platform. It connects to products tracked on the blockchain and is used to collect and transmit data for the Ambrosus network. It also transfers value within the Ambrosus network.
How to use Ambrosus token?
- AMB can be used as payment for transactions on AMB-NET. Each time an entity or event is created, a small amount of EMB is required as a creation fee.
- AMB tokens can be locked to create a digital record of a physical product. This also reduces the incentive for bad actors to commit fraud or try to deceive any of the other parties using the supply chain.
- AMB is the collateral required to run a Masternode on AMB-NET. This requires a user to lock in a certain amount of ECB to be considered a Masternode and in return collect a portion of the fees paid for verifying transactions or creating new assets.
Which exchange is Ambrosus coin on?
AMB coin is listed on some cryptocurrency exchanges such as Binance, KuCoin, HitBTC, ProBit Global, Mercatox, etc.
How to buy Ambrosus coins?
AMB coin can be purchased from listed cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.
AMB coin supply!
Total supply of Ambrosus coin is 769.873.000 AMB.
AMB coin price!
As of July 16, 2022, at the time of the writing, 1 Ambrosus coin price is around $0,0064 (because of the volatility the price can change instantly).
Caution: The information contained in this content is for general informational purposes only. It is not investment advice.
For information about cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency