1. What is asm?

Introduction to ASMTokens

ASM is the native token of the Assemble Protocol, which is a points platform based on blockchain technology. This platform allows users to tokenize the points they earn from different providers and use them in the same way as traditional currency.

How It Works

1. Points Conversion: Users can convert their accumulated points into ASM tokens using the points exchange on the Assemble platform.
2. Using ASM Tokens: ASM tokens can be used in the Assemble Protocol Marketplace, where users can purchase various products with ASM tokens.
3. Reward Mechanism: Assemble Protocol tokens can be earned as rewards for community participation or by providing feedback after purchasing goods from the Assemble Marketplace.

Uses of ASM Tokens

ASM tokens are used as a means of exchange and payment, allowing users to conduct transactions in the Assemble Protocol Marketplace.

2. Who Founded asm?

According to the provided search results, there is no direct mention of who the founder of the Assemble Protocol (ASM) is. These results mainly provide information on the price of ASM, functional descriptions, and purchasing guides, but do not mention its founder. Therefore, it is not possible to determine the founder of ASM from these search results.

3. Which Venture Capitalists Invested in asm?

Based on the provided information, here are the venture capital investment details related to the tokens field:

1. Axie Infinity: Led by Libertus Capital with participation from Blocktower Capital, Konvoy Ventures, Collab Currency’s Derek Schloss, Stephen McKeon, and Dallas Mavericks owner Mark Cuban, they completed a $7.5 million funding round.

2. OpenSea: Led by a16z with participation from the Cultural Leadership Fund and numerous angel investors including Ron Conway, Mark Cuban, Tim Ferriss, Belinda Johnson, Naval Ravikant, and Ben Silberman, they completed a $23 million Series A round and a $100 million Series B round.

This information mainly concerns investments in the tokens and NFT sectors. However, there is no specific information regarding the tokens or projects that "asm" refers to.

4. How Does asm Work?

How ASMTokens (Assemble Protocol) Works:

1. Points Tokenization: The Assemble Protocol allows users to tokenize points earned from different providers and convert them into ASM tokens.

2. ASM Token Functions: ASM tokens have two main functions: utility and staking. Users can use ASM tokens to purchase products in the Assemble Protocol Marketplace, and they can also stake them on the platform.

3. Trading and Exchange: Users can convert their accumulated points into ASM tokens through the points exchange on the Assemble platform and then use these tokens in the Assemble Protocol Marketplace.

4. Security: ASM tokens are based on the Ethereum blockchain, utilizing the ERC standards for security and network verification.

5. Liquidity and Value: The Assemble Protocol aims to enhance the liquidity and value of points, enabling users to use points in a way that reflects their true value.

6. Community Participation: ASM tokens can be earned as rewards for community involvement or by providing feedback after purchasing goods from the Assemble Marketplace.

In summary, the Assemble Protocol enables users to use points flexibly by tokenizing them and providing a comprehensive platform, eliminating the traditional constraints related to time and place.