BITCOIN

₹54,53,400.13

1.492%

ETHEREUM

₹2,93,784.71

1.115%

TETHER USDT

₹93.02

0.009%

BNB

₹49,301.49

0.399%

SOLANA

₹13,011.15

0.924%

USDC

₹92.99

0.01%

XRP

₹51.07

17.291%

DOGECOIN

₹10.43

4.343%

CARDANO

₹40.83

5.592%

TRON

₹13.14

3.358%

AVALANCHE

₹2,407.16

1.458%

SHIBA INU

₹0.001609

5.306%

POLKADOT

₹582.78

3.93%

CHAINLINK

₹1,211.02

2.423%

BITCOIN CASH

₹35,036.57

4.502%

NEAR PROTOCOL

₹476.36

0.067%

POLYGON

₹49.49

5.173%

LITECOIN

₹6,504.52

1.293%

UNISWAP

₹755.31

0.124%

INTERNET COMPUTER

₹771.44

13.659%

BITCOIN

₹54,53,400.13

1.492%

ETHEREUM

₹2,93,784.71

1.115%

TETHER USDT

₹93.02

0.009%

BNB

₹49,301.49

0.399%

SOLANA

₹13,011.15

0.924%

USDC

₹92.99

0.01%

XRP

₹51.07

17.291%

DOGECOIN

₹10.43

4.343%

CARDANO

₹40.83

5.592%

TRON

₹13.14

3.358%

AVALANCHE

₹2,407.16

1.458%

SHIBA INU

₹0.001609

5.306%

POLKADOT

₹582.78

3.93%

CHAINLINK

₹1,211.02

2.423%

BITCOIN CASH

₹35,036.57

4.502%

NEAR PROTOCOL

₹476.36

0.067%

POLYGON

₹49.49

5.173%

LITECOIN

₹6,504.52

1.293%

UNISWAP

₹755.31

0.124%

INTERNET COMPUTER

₹771.44

13.659%

BITCOIN

₹54,53,400.13

1.492%

ETHEREUM

₹2,93,784.71

1.115%

TETHER USDT

₹93.02

0.009%

BNB

₹49,301.49

0.399%

SOLANA

₹13,011.15

0.924%

USDC

₹92.99

0.01%

XRP

₹51.07

17.291%

DOGECOIN

₹10.43

4.343%

CARDANO

₹40.83

5.592%

TRON

₹13.14

3.358%

AVALANCHE

₹2,407.16

1.458%

SHIBA INU

₹0.001609

5.306%

POLKADOT

₹582.78

3.93%

CHAINLINK

₹1,211.02

2.423%

BITCOIN CASH

₹35,036.57

4.502%

NEAR PROTOCOL

₹476.36

0.067%

POLYGON

₹49.49

5.173%

LITECOIN

₹6,504.52

1.293%

UNISWAP

₹755.31

0.124%

INTERNET COMPUTER

₹771.44

13.659%

BITCOIN

₹54,53,400.13

1.492%

ETHEREUM

₹2,93,784.71

1.115%

TETHER USDT

₹93.02

0.009%

BNB

₹49,301.49

0.399%

SOLANA

₹13,011.15

0.924%

USDC

₹92.99

0.01%

XRP

₹51.07

17.291%

DOGECOIN

₹10.43

4.343%

CARDANO

₹40.83

5.592%

TRON

₹13.14

3.358%

AVALANCHE

₹2,407.16

1.458%

SHIBA INU

₹0.001609

5.306%

POLKADOT

₹582.78

3.93%

CHAINLINK

₹1,211.02

2.423%

BITCOIN CASH

₹35,036.57

4.502%

NEAR PROTOCOL

₹476.36

0.067%

POLYGON

₹49.49

5.173%

LITECOIN

₹6,504.52

1.293%

UNISWAP

₹755.31

0.124%

INTERNET COMPUTER

₹771.44

13.659%

BITCOIN

₹54,53,400.13

1.492%

ETHEREUM

₹2,93,784.71

1.115%

TETHER USDT

₹93.02

0.009%

BNB

₹49,301.49

0.399%

SOLANA

₹13,011.15

0.924%

USDC

₹92.99

0.01%

XRP

₹51.07

17.291%

DOGECOIN

₹10.43

4.343%

CARDANO

₹40.83

5.592%

TRON

₹13.14

3.358%

AVALANCHE

₹2,407.16

1.458%

SHIBA INU

₹0.001609

5.306%

POLKADOT

₹582.78

3.93%

CHAINLINK

₹1,211.02

2.423%

BITCOIN CASH

₹35,036.57

4.502%

NEAR PROTOCOL

₹476.36

0.067%

POLYGON

₹49.49

5.173%

LITECOIN

₹6,504.52

1.293%

UNISWAP

₹755.31

0.124%

INTERNET COMPUTER

₹771.44

13.659%

BITCOIN

₹54,53,400.13

1.492%

ETHEREUM

₹2,93,784.71

1.115%

TETHER USDT

₹93.02

0.009%

BNB

₹49,301.49

0.399%

SOLANA

₹13,011.15

0.924%

USDC

₹92.99

0.01%

XRP

₹51.07

17.291%

DOGECOIN

₹10.43

4.343%

CARDANO

₹40.83

5.592%

TRON

₹13.14

3.358%

AVALANCHE

₹2,407.16

1.458%

SHIBA INU

₹0.001609

5.306%

POLKADOT

₹582.78

3.93%

CHAINLINK

₹1,211.02

2.423%

BITCOIN CASH

₹35,036.57

4.502%

NEAR PROTOCOL

₹476.36

0.067%

POLYGON

₹49.49

5.173%

LITECOIN

₹6,504.52

1.293%

UNISWAP

₹755.31

0.124%

INTERNET COMPUTER

₹771.44

13.659%

BITCOIN

₹54,53,400.13

1.492%

ETHEREUM

₹2,93,784.71

1.115%

TETHER USDT

₹93.02

0.009%

BNB

₹49,301.49

0.399%

SOLANA

₹13,011.15

0.924%

USDC

₹92.99

0.01%

XRP

₹51.07

17.291%

DOGECOIN

₹10.43

4.343%

CARDANO

₹40.83

5.592%

TRON

₹13.14

3.358%

AVALANCHE

₹2,407.16

1.458%

SHIBA INU

₹0.001609

5.306%

POLKADOT

₹582.78

3.93%

CHAINLINK

₹1,211.02

2.423%

BITCOIN CASH

₹35,036.57

4.502%

NEAR PROTOCOL

₹476.36

0.067%

POLYGON

₹49.49

5.173%

LITECOIN

₹6,504.52

1.293%

UNISWAP

₹755.31

0.124%

INTERNET COMPUTER

₹771.44

13.659%

BITCOIN

₹54,53,400.13

1.492%

ETHEREUM

₹2,93,784.71

1.115%

TETHER USDT

₹93.02

0.009%

BNB

₹49,301.49

0.399%

SOLANA

₹13,011.15

0.924%

USDC

₹92.99

0.01%

XRP

₹51.07

17.291%

DOGECOIN

₹10.43

4.343%

CARDANO

₹40.83

5.592%

TRON

₹13.14

3.358%

AVALANCHE

₹2,407.16

1.458%

SHIBA INU

₹0.001609

5.306%

POLKADOT

₹582.78

3.93%

CHAINLINK

₹1,211.02

2.423%

BITCOIN CASH

₹35,036.57

4.502%

NEAR PROTOCOL

₹476.36

0.067%

POLYGON

₹49.49

5.173%

LITECOIN

₹6,504.52

1.293%

UNISWAP

₹755.31

0.124%

INTERNET COMPUTER

₹771.44

13.659%

BITCOIN

₹54,53,400.13

1.492%

ETHEREUM

₹2,93,784.71

1.115%

TETHER USDT

₹93.02

0.009%

BNB

₹49,301.49

0.399%

SOLANA

₹13,011.15

0.924%

USDC

₹92.99

0.01%

XRP

₹51.07

17.291%

DOGECOIN

₹10.43

4.343%

CARDANO

₹40.83

5.592%

TRON

₹13.14

3.358%

AVALANCHE

₹2,407.16

1.458%

SHIBA INU

₹0.001609

5.306%

POLKADOT

₹582.78

3.93%

CHAINLINK

₹1,211.02

2.423%

BITCOIN CASH

₹35,036.57

4.502%

NEAR PROTOCOL

₹476.36

0.067%

POLYGON

₹49.49

5.173%

LITECOIN

₹6,504.52

1.293%

UNISWAP

₹755.31

0.124%

INTERNET COMPUTER

₹771.44

13.659%

BITCOIN

₹54,53,400.13

1.492%

ETHEREUM

₹2,93,784.71

1.115%

TETHER USDT

₹93.02

0.009%

BNB

₹49,301.49

0.399%

SOLANA

₹13,011.15

0.924%

USDC

₹92.99

0.01%

XRP

₹51.07

17.291%

DOGECOIN

₹10.43

4.343%

CARDANO

₹40.83

5.592%

TRON

₹13.14

3.358%

AVALANCHE

₹2,407.16

1.458%

SHIBA INU

₹0.001609

5.306%

POLKADOT

₹582.78

3.93%

CHAINLINK

₹1,211.02

2.423%

BITCOIN CASH

₹35,036.57

4.502%

NEAR PROTOCOL

₹476.36

0.067%

POLYGON

₹49.49

5.173%

LITECOIN

₹6,504.52

1.293%

UNISWAP

₹755.31

0.124%

INTERNET COMPUTER

₹771.44

13.659%

Home

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Ampleforth-governance-token

FORTH

Ampleforth Governance Token

FORTH

₹293.41

LIVE

24H Low ₹283.37

24H High ₹294.62

Price of FORTH today

The current live price of FORTH today is ₹293.41, with a 24-hour trading volume of ₹9,87,74,188.65. Our FORTH to INR price is updated in real-time. FORTH has seen a increment of 2.22% in the last 24 hours. With a live market cap of ₹4,37,29,02,090.87 , the circulating supply is at 14,997,390 FORTH coins, with a maximum supply of 15,297,897FORTH coins.

Ampleforth Governance Token Price History

Date ComparisonAmount Change% Change
Today₹9.39

3.31%

7 Days₹29.20

11.05%

30 Days-₹38.13

11.5%

1 Year₹54.03

22.57%

Ampleforth Governance Token Price Information

Price Change (1hr)

2.98%

Price Change (24hr)

3.31%

Price Change (7d)

11.05%

Ampleforth Governance Token Market Stats

Market Cap

₹4,37,29,02,090.87

Fully Diluted Market Cap

₹4,46,05,23,370.77

24hr Volume

₹9,87,74,188.65

20.18%

Circulating Supply

14997389.51 FORTH

Total Supply

15297897.14 FORTH

Things to know about Ampleforth Governance Token

What is the token?

The Ampleforth Governance Token (FORTH) is a crucial component of the Ampleforth ecosystem, serving as its governance token. It operates on the Ethereum blockchain according to the ERC20 standard. FORTH allows holders to participate in the governance of the Ampleforth protocol by voting on proposed changes or delegating their votes to representatives. This democratic mechanism ensures that the development and modification of the protocol reflect the community’s interests and needs. FORTH was introduced to complement AMPL, Ampleforth’s native token, which is an adaptive money built on sound economics, aiming to combine the scarcity properties of Bitcoin with elastic supply adjustments to maintain price stability.

Tokenomics

  • Token Type:

  • ERC20

  • Platform:

  • Ethereum

  • Total Supply:

  • 15.30 million tokens

  • Use Case:

  • Governance token for voting on protocol changes.

Market Data

As of today #{today’s date}, the price of Ampleforth Governance Token is ₹293.41 INR or 3.155 USD, with a 24-hour trading volume of 1062088.05 USD. The market capitalization for Ampleforth Governance Token is 47020452.59USD. The circulating supply is 14997389.51 Ampleforth Governance Token, with the total supply also being 15297897.14 Ampleforth Governance Token.

Token Pros and Cons

Pros:

  • Decentralized Governance:

  • FORTH empowers the Ampleforth community by allowing token holders to participate in governance decisions.

  • Non-dilutive:

  • The token’s supply adjustments ensure that holders maintain their percentage ownership over time, regardless of supply changes.

  • Security:

  • Built on the Ethereum blockchain, FORTH benefits from Ethereum’s robust security features.

  • Transparency:

  • All governance proposals and outcomes are publicly available, ensuring transparency within the ecosystem.

  • Community Empowerment:

  • FORTH distribution to early backers and active community members fosters a sense of ownership and engagement within the Ampleforth community.

Cons:

  • Market Volatility:

  • As with most cryptocurrencies, FORTH’s price is subject to high market volatility.

  • Complexity:

  • The dual-token system and the concept of rebasing may be complex for new users to understand.

  • Dependence on AMPL’s Success:

  • FORTH’s value is closely tied to the adoption and success of AMPL, which could be a risk if AMPL fails to gain widespread acceptance.

  • Regulatory Uncertainty:

  • The evolving regulatory landscape for cryptocurrencies could impact FORTH’s utility and value.

  • Limited Use Case:

  • Currently, FORTH’s primary use is for governance, which may limit its appeal to investors looking for utility beyond voting rights.

Why Should You Invest in the Coin?

  • Innovative Governance Model:

  • FORTH represents a forward-thinking approach to decentralized governance, offering investors a say in the future direction of the Ampleforth protocol.

  • Potential for Appreciation:

  • As the Ampleforth ecosystem grows and evolves, FORTH could appreciate in value, rewarding early adopters.

  • Community-Driven Development:

  • Investing in FORTH means becoming part of a community that values transparency, security, and innovation.

  • Ecosystem Growth:

  • The ongoing development and expansion of the Ampleforth ecosystem could increase demand for FORTH.

  • Unique Economic Model:

  • The elastic supply mechanism of AMPL, governed by FORTH, presents a novel economic model in the cryptocurrency space.

USP of the Coin

  • Elastic Supply Mechanism:

  • FORTH governs a unique economic model where AMPL’s supply adjusts in response to demand, aiming for price stability.

  • Decentralized Governance:

  • FORTH enables a truly decentralized governance system where all token holders can participate in decision-making.

  • Security and Transparency:

  • Leveraging Ethereum’s security and incorporating transparent governance processes, FORTH sets a high standard for token governance.

Problem the Coin is Solving

FORTH addresses the need for a decentralized, secure, and transparent mechanism for governing the Ampleforth protocol. It solves the problem of centralized control in traditional financial systems by distributing governance rights among token holders. This approach ensures that changes to the protocol are made democratically and in the best interest of the community.

Founder and Team Background

  • Ampleforth was co-founded by Evan Kuo, a UC Berkeley graduate with a background in mechanical engineering and computer science, and Brandon Iles, a former senior software engineer at Uber and Google with an MS from Rice University. Together, they aimed to create a denationalized currency through Ampleforth.

  • The protocol’s development also benefited from contributions by team members like Ahmed Naguib Aly and Nithin Krishna, alongside economic insights from Manny Rincon-Cruz, a fellow at the Hoover Institute. Guided by a foundation of blockchain experts, the Ampleforth team combines deep technological and economic knowledge, making it a notable entity in the DeFi sector for its innovative approach to a stable, adaptable currency.

ICO Price

  • ICO Price:

  • $0.98 USD per token

  • Listing Date:

  • April 22, 2021

  • Initial Allocated Units:

  • The Ampleforth Governance Token (FORTH) was launched with an initial total supply of 15 million tokens. The distribution of these tokens was designed to incentivize and reward the community and contributors who have supported the Ampleforth ecosystem. The allocation was as follows:

  • 67% of FORTH to the AMPL community:

  • This significant portion of the tokens was allocated to users who had interacted with the AMPL token on-chain. The distribution was based on a points system that took into account the users’ on-chain activity, rewarding those who supported the network long-term and through all market conditions.

  • 33% of FORTH to early backers and contributors:

  • The remaining third of the tokens were allocated to the early backers of the project, including the core development team, advisors, supporters, and the Ampleforth Foundation. This allocation was intended to reward the individuals and entities that contributed to the early stages and ongoing development of the Ampleforth protocol.

  • The community had until April 16, 2022, to claim their FORTH tokens, after which any unclaimed tokens would be reclaimed by a community-governed DAO. The token is designed to be inflationary, with a perpetual inflation rate of 2% per year set to begin after one year from the launch of FORTH.

Risks Associated in Investing in the Coin

  • Market Volatility:

  • The cryptocurrency market is highly volatile, and FORTH is no exception.

  • Regulatory Risks:

  • Changes in cryptocurrency regulations could adversely affect FORTH’s utility and value.

  • Dependence on the Success of AMPL:

  • FORTH’s value is closely tied to the adoption and performance of AMPL.

  • Complex Governance Mechanism:

  • The governance process may be too complex for some investors, potentially limiting participation.

  • Limited Use Beyond Governance:

  • FORTH’s primary function is governance, which may not appeal to all investors.

Whitepaper Insights

The Ampleforth whitepaper introduces AMPL as a new synthetic commodity designed to adjust its supply in response to demand, aiming to achieve price stability while avoiding the pitfalls of traditional stablecoins. The document outlines the economic theories underpinning the protocol, including the Quantity Theory of Money, and describes how AMPL’s supply adjustments (rebases) are designed to be proportional and non-dilutive, ensuring that holders maintain their share of the network regardless of supply changes.

FORTH, the governance token, is introduced as a mechanism for decentralized decision-making within the Ampleforth ecosystem. It allows token holders to propose, vote on, or delegate votes on changes to the protocol, including adjustments to the rebase mechanism and other key parameters. The whitepaper emphasizes the importance of community involvement in governance to ensure the protocol remains adaptive and responsive to the needs of its users.

The document also explores potential use cases for AMPL, including as a unit of account, medium of exchange, and store of value, highlighting its utility in decentralized finance (DeFi) applications such as lending, borrowing, and creating on-chain derivatives. The whitepaper concludes by discussing the initial distribution of FORTH tokens, governance procedures, and the long-term vision for the Ampleforth ecosystem as a foundational component of a more stable, decentralized financial system.

Returns Calculator

One Time
Recurring

Investment Amount

Investment Period

Returns

9300

0%

FORTH to Converter

Quantity

FORTH

FORTH

Price

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Price as per 07:58 PM • 13 Jul 2024

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What is the price of Ampleforth Governance Token (FORTH)?

The current price of Ampleforth Governance Token (FORTH) in INR is ₹293.41 INR.

What is the current FORTH market cap?

The current market capitalization of Ampleforth Governance Token (FORTH) is ₹4,37,29,02,090.87 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of FORTH by the number of coins in circulation.

What is the current supply of Ampleforth Governance Token (FORTH)?

The current supply of Ampleforth Governance Token (FORTH) is 14997389.51 FORTH. This figure represents the total number of coins that have been mined and are currently in circulation.

What is the 24 trading volume of Ampleforth Governance Token (FORTH)?

The 24-hour trading volume of Ampleforth Governance Token (FORTH) in INR is ₹9,87,74,188.65. This figure represents the total value of all FORTH transactions across various exchanges within the last 24 hours.

How to Buy Ampleforth Governance Token (FORTH) in India?

To buy Ampleforth Governance Token (FORTH) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in FORTH.

Can I buy Ampleforth Governance Token (FORTH) with UPI?

Yes, you can buy Ampleforth Governance Token (FORTH) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.

How to Convert Ampleforth Governance Token (FORTH) to Indian Rupee (INR)?

To convert Ampleforth Governance Token (FORTH) to Indian Rupee (INR), you can use our FORTH/INR conversion rates in real time.

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