Ampleforth is a digital asset protocol for creating fair, independent money. Founded with a mission to address the global economic conflict of interests known as the Triffin Dillemma, the Ampleforth protocol disintermediates central bank inflation by issuing supply directly to its holders using an elastic supply policy. This policy allows its currency (Amples) to avoid the devaluing effects of long-term inflation observed in fiat currencies, while re-engaging the supply mechanism that creates near-term price stability. For more information visit ampleforth.org
Evan Kuo, co-founder and CEO
Evan is an art and math lover. He was previously the CEO of Pythagoras Pizza and has extensive experience developing predictive auction products and working with venture capital. He took up a serious interest in cryptocurrencies while operating a vertically integrated business where he noticed that existing asset classes were contributing to a growing wealth divide, and realized cryptocurrencies could solve this problem. Evan holds a BS from UC Berkeley, where he studied a mix of ME & CS with research focused in Robotics.
Brandon Iles, co-founder
Brandon spent over 5 years in Google's Search Ranking and Machine Intelligence groups and later worked in Uber's Location Search and Rider Prediction teams. He mined his first bitcoin so early he doesn't remember when it was and worked on one of the first mobile bitcoin wallets that were released onto the Android app store in 2011. He loves the intersection of Systems, Data, and Intelligence and holds a BS and MCS in Computer Science from Rice University.
Name Origin - 1984
Ampleforth is the name of a character in George Orwell's 1984 who is responsible for translating poetry into Newspeak, a language designed to limit freedom of thought.
When tasked to replace the word “God” in a Kipling poem, Ampleforth refuses, not out of righteousness, or subversiveness, but rather, a simple love for language and respect for the truth. To Ampleforth, no other word makes sense in context and therefore no other word should replace it.
The Ampleforth team consists of world class engineers from Google Search, Uber, UC Berkeley, and USC. Many have worked together for years, and all share an interest in creating a fairer world. Please see the about page for team bios and investors.
Ampleforth in the News
- Ampleforth Stablecoin Completes Security Audit
- The True Crypto Alternative to Government Money
- Crypto Project Ampleforth Launches 'Elastic' Stablecoin - CCN.com
- Fragments rebrands to Ampleforth and introduces non-collateralized stablecoin
- Fragments to Ampleforth: Thoughts behind the name change
- Solving the Triffin dilemma: Can Cryptocurrency end Inflation?
- A Stablecoin for HODLers? ‘Pizza CEO’ Raises $3 Million for New Crypto
- Fragments: A New, Low-Volatility Cryptocurrency
- True Ventures leads $3M Series Seed in Fragments — A Low Volatility Cryptocurrency