Certain synthetic commodities (namely the Ampleforth protocol) have introduced a revolutionary new way to dynamically adapt market cap in accordance with the current price of the asset. While the initial goal of Ampleforth was purely to decouple itself from Bitcoin’s dominance, the protocol has unintentionally introduced the exciting possibility of an entirely new class of asset, which projects such as AntiAmple (XAMP) have demonstrated independently of the Ampleforth protocol.
This asset class (which we have coined as “adaptive commodities”) shows immeasurable benefits for determining the role supply serves in the price stability of an asset. Bill Drummond (a pseudonym for a developer or group of developers seeking to return cryptocurrency to its roots) seeks to develop this new asset class further. We have several projects in the pipeline which will test the validity of adaptive commodities and validate the relationship between supply and demand. The first project is Tokens of Babel (TOB), a gamified token which burns supply whenever new all-time price highs are met.
