IoT Supply Chain Network Still Needs Final Test: Past-ICO Review | СryptoСomes
It has a market cap of $44.6 mln. The token entered the market on Oct. 23, 2017 at $0.19 and at the time of writing is trading for $0.31. The token hit an all-time high of $1.72 in mid-January 2018.
CryptoComes was able to speak with CEO Angel Versetti via email about the latest developments and how Ambrosus is developing thus far. Concerning the use of the token, Versetti said the following: “The token serves as a unit of payment for computational power and storage required to process, record and subsequently recall data [on the Blockchain]. It furthermore serves as a unit of payment to access additional features in Dapps built on top of AMB-NET. Finally, it serves as incentive mechanism for masternodes, who use AMB to stake and participate in the network as well as having rewards paid out.” Read more…