AmonD

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Discover AmonD's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is AmonD?

AmonD (AMON) is a cryptocurrency launched in 2019, operating on the Ethereum platform. It aims to become the first User-Side Platform (USP), offering incentives to consumers for actively managing their personal data and advertising.

How is AmonD used?

AmonD (AMON) is a cryptocurrency designed to incentivize users to manage their personal data and advertising actively. The platform aims to provide fair rewards to consumers for their data, promoting a user-centric approach. Users can buy, sell, and swap AmonD tokens on various cryptocurrency exchanges and wallets, such as KuCoin and Atomic Wallet, which support AMON transactions.

How do I store AmonD?

To store AmonD (AMON) tokens, you have two primary options: storing on an exchange and using a non-custodial wallet.

Storing on an Exchange

Holding your AmonD (AMON) on an exchange provides convenient access to various investment products and features such as spot and futures trading, staking, lending, and more. The exchange securely holds your funds, eliminating the need to manage and secure your private keys. However, it is crucial to select an exchange that implements strict security measures to ensure the safety of your crypto assets.

Non-Custodial Wallets

Storing AmonD (AMON) in a non-custodial or self-custodial wallet grants you complete control over your private keys. You can use various types of wallets, including hardware wallets, Web3 wallets, or paper wallets. This option is more secure but may be less convenient if you wish to trade your AmonD (AMON) frequently or put your assets to work. Be sure to store your private keys in a secure location, as losing them can result in the permanent loss of your AmonD (AMON).

Additional Tips
  • Hardware wallets are considered the safest option, as they are disconnected from the internet and can be stored in a secure location.
  • Cold wallets are suitable for storing large amounts of crypto over a long period, while hot wallets are better for frequent trading.
  • Always research and choose a reliable wallet that fits your trading preferences and needs.

By considering these options and tips, you can securely store your AmonD (AMON) tokens and manage your cryptocurrency assets effectively.

How to buy AmonD?

To buy AmonD (AMON) tokens, follow these steps:

  1. Choose a Crypto Wallet: Select a reliable crypto wallet that supports your preferred payment method and policies. Popular options include Coinbase Wallet, MetaMask, and TrustWallet. Ensure you understand the differences between hot and cold wallets to choose the best fit for your needs.

  2. Set up Your Wallet: Create an account, provide personal information, and set a strong password. You will receive a secret recovery phrase or seed words, which are crucial for wallet recovery. Record these carefully.

  3. Buy Base Currency: Choose a cryptocurrency exchange platform and purchase a base currency, such as Bitcoin, Ethereum, or Tether, which you will use to trade AMON.

  1. Transfer Funds to Wallet: Withdraw your base currency to your crypto wallet by providing your wallet address and the amount to transfer.

  2. Select a Decentralized Exchange (DEX): Choose a DEX that supports your wallet, such as Pancake Swap. Ensure the exchange supports the wallet you chose and compare liquidity and trading fees.

  3. Buy AmonD (AMON): Connect your wallet to the DEX and select AMON from the list. Enter the amount you want to trade, and complete the transaction. Be cautious of market trends and diversify your portfolio to minimize risks.

  1. Alternative Option: If AMON is not listed on the DEX, you can locate its smart contract address using tools like BscScan or Etherscan and manually enter it into the DEX.

AmonD tokens can be traded on various exchanges, including Binance, Kucoin, Kraken, and ProBit Global.

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History of AmonD

AmonD (AMON) is a cryptocurrency that was launched in 2019 and operates on the Ethereum platform. Since its inception, AmonD has gained recognition for its robust security, efficient transactions, and transparent nature, which are key features of its advanced blockchain technology.

The historical data of AmonD's price is available in various formats, including daily, weekly, and monthly, allowing users to track its performance over time. This data can be displayed in the currency of choice, providing flexibility for users to analyze the price history according to their needs.

AmonD's current supply is 7,176,499,999, indicating a significant amount of tokens in circulation. The historical data of AmonD's price, trading volume, and market capitalization can be accessed through various platforms, providing valuable insights for investors and market analysts.

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How AmonD works

AmonD (AMON) is a cryptocurrency that operates on a blockchain network. Here's a detailed overview of how it works:

Wallet Management

To manage and store AmonD, users need a reliable and reputable crypto wallet. There are various types of wallets available, including hot wallets and cold wallets. Hot wallets are suitable for frequent trading and are connected to the internet, while cold wallets are more secure and not connected to the internet, making them ideal for long-term storage. Popular wallets include Coinbase Wallet, MetaMask, and TrustWallet.

Buying AmonD

AmonD can be purchased through different methods:

  1. Centralized Exchanges (CEX): Users can buy AmonD on a centralized exchange like KuCoin by creating an account, verifying their identity, adding a payment method, and then purchasing the cryptocurrency using fiat currency or another cryptocurrency like USDT.

  2. Decentralized Exchanges (DEX): AmonD can also be bought on a decentralized exchange, which connects buyers and sellers directly. Users need to choose a DEX that supports AmonD, connect their wallet, and then swap their base currency for AmonD.

  3. Crypto Wallets: Some crypto wallets allow users to buy AmonD directly using fiat currency or by swapping other cryptocurrencies. These wallets often use third-party payment processors and may charge higher fees.

Trading and Storage

Once AmonD is purchased, it can be stored in a crypto wallet. Users can then trade AmonD on various exchanges, including decentralized exchanges like Pancake Swap. It is essential to consider trading fees, liquidity, and market trends when trading AmonD.

Security and Smart Contracts

AmonD operates on a blockchain network, which ensures the security and transparency of transactions. Smart contracts are used to facilitate these transactions, and users can locate the smart contract address using tools like BscScan or Etherscan if the coin is not listed on a DEX.

Market Information

AmonD's market performance can be tracked on platforms like CoinMarketCap, which provides real-time data on the cryptocurrency's price, trading volume, market capitalization, and other statistics.

Community and Development

AmonD aims to become a User-Side Platform (USP), offering incentives to consumers for managing their personal data and advertising. The project has a community and official links for updates and information.

Overall, AmonD is a cryptocurrency that can be bought, stored, and traded using various methods and platforms, with a focus on security and transparency through blockchain technology.

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AmonD's strengths

The token AmonD (AMON) has several strengths that make it a unique and valuable asset in the cryptocurrency market.

One of its key strengths is its data verification process, which ensures that all information shared on the platform is accurate and reliable. This feature helps combat the spread of fake news and misinformation, making it an invaluable tool for journalists, researchers, and other information seekers.

Another significant strength of AmonD is its secure and transparent payment system. This system allows users to easily exchange tokens for goods and services, making it an ideal solution for individuals and businesses looking to streamline their payment processes and reduce transaction fees.

Additionally, AmonD is built on a decentralized blockchain platform, allowing users to securely store and transfer data without the need for intermediaries. This decentralized nature provides an added layer of security and control for users.

Furthermore, AmonD offers a platform for yield farming, where users can stake AMON tokens to access farming pools and earn rewards based on their activity on the platform. This feature provides an incentive for users to engage actively with the platform and can help boost liquidity through incentives.

Overall, AmonD's innovative features, user-friendly interface, and focus on data verification and secure payments make it a valuable asset for anyone looking to navigate the complex digital landscape with confidence and control.

AmonD's risks

AmonD (AMON) is a cryptocurrency project that, like other financial assets, is susceptible to various financial risks. These risks can be categorized into several types:

Credit Risk

Credit risk, also known as default risk, is the danger associated with borrowing money. In the context of AmonD, this risk arises from the possibility that borrowers or counterparties may default on their debt obligations, leading to potential losses for investors or lenders.

Liquidity Risk

Liquidity risk stems from the inability to quickly convert assets into cash without significantly affecting their market price. AmonD, as a cryptocurrency, may face liquidity risks if there is a lack of buyers or sellers in the market, making it difficult to liquidate positions quickly and at a favorable price.

Operational Risk

Operational risk arises from poor management or flawed financial reasoning within a business. For AmonD, this risk includes the potential for internal failures, such as inadequate security measures, inefficient processes, or poor governance, which can negatively impact the project's financial stability.

Market Risk

Market risk, or volatility in asset prices, is a significant concern for AmonD. Changes in market interest rates, commodity prices, or other macroeconomic factors can lead to fluctuations in the value of the cryptocurrency, affecting investors and market participants.

Legal Risk

Legal risk encompasses the potential for legal or regulatory issues to negatively impact AmonD. This includes the possibility of changes in laws or regulations that could restrict or prohibit the use of cryptocurrencies, leading to financial losses or instability.

Systemic Risk

Systemic risk refers to the potential for widespread financial instability or collapse. AmonD, as part of the broader financial system, is exposed to systemic risks such as global economic downturns, cyberattacks, or other catastrophic events that could have far-reaching consequences for the financial sector.

Cybersecurity Risk

Cybersecurity risk is a significant concern for AmonD, as it is for the entire financial sector. The potential for state-sponsored cyberattacks or other malicious activities can compromise the security of the project's systems, leading to financial losses and reputational damage.

Regulatory Risk

Regulatory risk arises from the possibility of changes in laws, regulations, or policies that could negatively impact AmonD. This includes the potential for stricter regulations or bans on cryptocurrencies, which could affect the project's financial stability and viability.

Reputational Risk

Reputational risk is the potential for negative publicity or public perception to harm AmonD's financial stability. This can arise from various sources, including security breaches, poor governance, or other issues that damage the project's reputation.

Climate-Related Risk

Climate-related risk is a growing concern for the financial sector, including AmonD. The potential for climate change to disrupt global economies and financial systems could have significant implications for the project's financial stability and long-term viability.

These financial risks highlight the importance of effective risk management strategies for AmonD to mitigate potential losses and ensure long-term success.

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Did AmonD raise funds?

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AmonD’s team

Here is the team behind AmonD (AMON):

  • Daniele Izzo: Co-Founder - Chief Executive Officer (CEO)
  • Valerio Sudrio: Co-Founder - Chief Marketing Officer (CMO)
  • Cristian Izzo: Co-Founder - Chief Technology Officer (CTO)
  • Samantha Jewel: Co-Founder - Advisor & Investor
  • Pacien Boisson: Lead Backend Engineer
  • Jules Goullee: Software Architect & Backend Developer
  • Pierre Blanes: DevOps Engineer
  • Kostya Safonov: UX/UI Designer
  • Abdullah Salim: Digital Marketing Strategist & Blockchain Marketing Consultant
  • Leonard Parker: Community Manager

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