Frequently asked questions (FAQ)Why should i buy AmpersandCoins?
AmpersandCoins can be used as a tool for payment or as an asset. The value of Ampersand (&) normally increases by 5 - 10% per year and backed by 0,01g Gold per Coin. The increase is possible due to investments made by AmpersandCoin Limited.What`s the difference between AMP and other currencies like Bitcoin?
Bitcoin and traditional crypto currencies suffer high volatility. Shops and users can`t really conduct real world transactions since nobody knows the value of the currency just a few hours later. Even worth – everybody expects the value of the currency to rise like happening in deflation. Deflation doesn`t work and stop economical systems to collapse. Most currency issuers like FED and European Union prefer a light inflation within a line of 2%. AMP doesn`t have an independent value and is instead connected to the EURO with increasing value. Many smaller currencies from smaller countries are bound to larger currencies to ensure stability. The same with AMP.Who issues AmpersandCoins?
Currencies can be issued by Countries, Companies or Individuals. The issuer sets the rules and ensures the value of the currency. Since 1974 most currencies aren`t backed by real values like Gold. The value is only determined by the trust of the issuer. Even with trillions of debts of the US and the FED being a private company the US Dollar enjoys a high level of trust. The EURO is leading and sole common currency of a many states within Europe. AmpersandCoins (AMP) have the same nominal value of the EURO and are issued by a company based in UK: Ampersand Limited.How Ampersand Limited can ensure safety and value of AMP?
The Ampersand Limited has issued a limited amount of coins (10 Million) based on decentralized ether technology. All transactions, contracts and available amounts are visible to the public. The amount of 10 Million coins can`t be increased or modified by Ampersand Limited.
Ampersand Limited keeps all coins in secure wallets. Interested companies or persons can exchange any currency to AMP. The Ampersand Limited ensures that it keeps the equivalent amount of exchanged AMP in Gold. At any time the company is able to exchange all AMP back to Gold (1& = 0,01g Gold) if required.Are there risks involved using AMP?
Transaction and Wallets are very safe. The use of AMP is as secure as Bitcoin and any other crypto currency. The value of AMP is ensured by the Ampersand Limited company. As each company or even countries also the Ampersand Limited can suffer difficulties and is exposed to risks like financial losses. All people involved in supervising the AMP currency have all skills to ensure highest level of security but it should be reminded that AMP involves the risks which any investment and currency has. Please be aware that if the Ampersand Limited fails or declares bankruptcy Ampersand coins may decrease value or even don`t have a value any more.
Is AMP a charity or a governmental project?
AmpersandCoins are professionally managed and it`s not a charity or governmental project. All funds managed by the Ampersand Limited are invested into companies listed on stock markets. International stockmarkets created around 6 – 7% growth each year since the last 50 years. There are downsides but in the long term company shares create the highest value. The interest and dividends remitted are funding the company and help to ensure safe operation. All assets and financial details of the Ampersand Limited are available to the public as soon they`re finalised by taxadvisors and forwarded to authorities.I directly want to buy/sell more AMP. How that`s possible?
AMP coins can`t be bought and sold directly on www.ampersandcoin.com. The first currency exchanges to list AMP will be www.glocurex.com and www.xtech.ai. It`s highly recommended to be registered on this platform. However the Amperand Limited ensures that no coins will be issued without having the equivalent Gold permanently available and under control.The AMP currency is amazing. Can I issue my own currency?
There are thousands of currency available. Many of them are useless and without value. Some of them are even fake or fraud. It`s advisable to invest only in well known and trustworthy coins. If you consider yourself as being a trustworthy issuer and assume you deliver the global community a useful solution or currency you`re invited to contact the AMP team for advice.What happens in case of financial trouble of the Ampersand Limited?
In the unlikely event of financial trouble of the Ampersand Limited - or at any other given time - it`s possible to exchange 1550& to 1oz Goldcoins. The Goldcoins are stored in a vault in London by a third party and their existence is confirmed regularly with an independend auditor. Financial trouble are considered as soon as the Ampersand Limited can`t ensure to exchange all circulating AMP back Gold or if the company has filed backruptcy. The yearly financial reports will include the relevant information to enable all parties to check if the company fulfils the requirements to be able to exchange the coins. Since the Gold is stored only in 1oz coins refunds can only be made in amounts dividable by 1550. To claim the Ampersand to Gold exchange please request the transfer via post to our address. After confirmation from Ampersand Limited the & can be transferred back to Ampersand Limited and the company will deliver the Gold via insured delivery worldwide.How can I use AMP?
AMP can be used for transfers between friends or business partners between secure wallets. There are also companies who accept AMP as a currency for payment. You may pay your invoices with companies who accept AMP. You can exchange AMP to other currencies like EURO or Bitcoin whenever required with qualified currency exchange companies.Can I make money with AMP?
AMP isn`t created for speculative purposes like many people use Bitcoin. It`s considered as a secure payment crypto currency as stable as possible. Since the value of the base currency (EURO) may change to other currencies like USD and Bitcoin also the AMP may change its value compared to other currencies (except EURO). It`s not recommended to use AMP as an investment vehicle.Is the AMP supervised or controlled by any government?
AMP isn`t controlled by any government. Everybody who uses AMP should be aware of the advantages and risks of a crypto currency. Despite the currency AMP itself isn`t monitored by any government the issuing company Ampersand Limited is liable to the jurisdiction its operating in (UK). Therefore UK law and regulation applies. Also claims against the company can be made in written to the companies address.I`ve no clue how to create wallets and crypto currencies. Can you help?
The Ampersand Limited asks for understanding that extensive consultancy on crypto and the technical details can`t be given. Only AMP related questions may answered via Email. No telefon support will be provided.Technical details of AmpersandCoin
Issuer: AmpersandCoin Limited
Contract Adress: 0xeE50fD765204b985FD50B6B2F74560F13D7d4B6f
Date of details: May 2019
Total Supply: 10.000.000,00 AMP
Distributed: 10.000,00 AMP
Value per &: 1,025 EUR or 0,01g Gold
Symbol: AMP or &
Value distributed & in €: 10.250,00 EURO
Total Company Value: 10.239.750,00 EURO
Official Token Wallet: 0x942d260Bd4ac509d563081d5649BBD612C3b2b3C
Stored: 0,1 KG Gold @ Sharps Pixley, London
Incorporation Document: Incorporation.pdf
Investment Overview: Investment Overview May 2019
Coin Value Calculation: Ampersand Value Calculation May 2019
Gold Deposit Statement: Gold Deposit Statement May 2019
Ampersand Wallets: Wallets Statement May 2019
The responsible company for this website and the AMP currency is:
110 - 112 Curtain Road
London EC2A 3AH
Contact: amp at ampersandcoin dot com