1. What is amb?

AMB (AirDAO) is a type of cryptocurrency, and here is its basic introduction:

• Name: AirDAO (AMB)
• Overview: AirDAO is a cryptocurrency based on blockchain technology, and the specific technical details and application scenarios may vary depending on the source.
• Source: According to the provided links, AirDAO is recorded on several cryptocurrency trading platforms, such as MEXC and Binance.

Since the provided information mainly focuses on price and market data, there is less information regarding the specific technical details and application scenarios of AirDAO. Here is some general information about cryptocurrencies:

• Regulation: In China, virtual currency trading is entirely banned, including services provided by foreign virtual currency exchanges to residents in China via the internet.
• Market: The cryptocurrency market is highly volatile, and prices can be influenced by various factors, including regulatory policies and market sentiment.

If you need more information on the technical details and application scenarios of AirDAO, you may need to obtain it from other sources.

2. Who founded amb?

The cryptocurrency AMB (Ambrosus) was founded by Angel Versetti, who is the CEO of Ambrosus.

3. Which venture capital firms invested in amb?

According to the provided information, "AMB" refers to Amazon Managed Blockchain (AMB), which is a blockchain service offered by Amazon that allows users to access public blockchain nodes like Bitcoin and Ethereum, and provides the capability to create private blockchain networks. It is not a cryptocurrency but a service.

Therefore, the question "Which venture capital firms invested in the cryptocurrency amb" may be based on a mistaken premise, as "AMB" is not a cryptocurrency but a blockchain service. There is no information indicating that "AMB" is a cryptocurrency or that any venture capital firms have invested in it.

If you are looking for investment information regarding cryptocurrencies or blockchain projects, you might require more specific information or more accurate keywords to search.

4. How does amb work?

Operations of AMB cryptocurrency

AMB (AirDAO) is a cryptocurrency primarily used for governance and utility within the AirDAO ecosystem. Here are the key points on how it operates:

1. Governance and Utility: AMB is the native token of the AirDAO ecosystem, used to perform various functions, including trading, staking, and governance.

2. Decentralized Autonomous Organization (DAO): AirDAO is a DAO that provides decentralized applications (dApps) managed by the community, allowing users easy access to DeFi services.

3. Trading and Staking: AMB is used to execute transactions on the network and ensure the stability and operation of the network by staking in validation nodes.

4. Governance Structure: Users can gain voting rights (veAMB) by locking AMB tokens, thereby participating in governance decisions of the DAO.

5. Token Distribution: The total supply of AMB tokens is 650 million, allocated to community rewards, investors, team members, and ecosystem funds.

6. Ecological System Products: AirDAO provides various products, including asset swapping, staking, and cross-chain transfer solutions, aimed at enhancing users' experience in the Web3 space.

In summary, the AMB cryptocurrency plays a key role in the AirDAO ecosystem, used for governance, trading, and staking, aiming to create a more accessible and user-friendly DeFi ecosystem.