What is Ampleforth Governance Token (FORTH)

1. Project Introduction
Ampleforth is an algorithmic rebase cryptocurrency designed to innovate monetary systems. It automatically adjusts its total supply daily based on market conditions, shifting volatility from price to supply. The protocol includes two main tokens:
AMPL: A supply-elastic token that targets the inflation-adjusted 2019 U.S. dollar value. Wallet balances increase when demand rises and decrease when demand falls.
FORTH: The governance token of the Ampleforth ecosystem, allowing holders to manage protocol parameters, direct liquidity mining issuance, and utilize DAO treasury assets. Ampleforth aims to drive elastic finance and DeFi innovation.
2. Team & Investment Info
Brandon Iles – Co-founder, former Senior Software Engineer at Uber, Google, and Language Computer Corporation.
Evan Kuo – Founder & CEO, former CEO at Easy As Pi, Inc., VP of Product at Sharethrough, and Product Manager at Yahoo. Graduate of UC Berkeley.
Simon Manka – Head of Growth, former Growth Lead at IOST, and Sales & Growth professional at Hightower Inc. and Waypoint Building Group. Graduate of the University of Virginia.
Funding:
June 13, 2019: $5 million raised in a public sale.
December 2018: $1.8 million raised in a Series A funding round.
March 2018: $3 million raised in a seed round.
3. Social Media URLs
X: https://x.com/ampleforthorg
Telegram: https://t.me/Ampleforth
Discord: https://discord.com/invite/mptQ49m
GitHub: https://github.com/orgs/ampleforth/repositories
4. Token Info
Token Symbol: FORTH
Total Supply: 15,297,897
Token Type: ERC-20
Issuance/Burn Mechanism: Inflationary
Contract Address: https://etherscan.io/token/0x77fba179c79de5b7653f68b5039af940ada60ce0
Token Distribution:
Genesis Supply: 15 million FORTH
AMPL Community: 67%
Early Supporters (Core Dev Team, Advisors, Ampleforth Foundation): 33%
5. Related Links
Official Website: https://www.ampleforth.org/
White Paper: https://docs.ampleforth.org/
LinkedIn: https://www.linkedin.com/company/ampleforth/
Other Info:
https://www.rootdata.com/Projects/detail/Ampleforth?k=MTMxNQ%3D%3D