What is this subs thoughts on Amp?
1 min read
What is this subs thoughts on Amp?
Just curious what this sub thinks about Amp. I’m invested because it seems like a good project with a legitimate use case, but there’s not a ton of news coming out.
For those of you who don’t know:
Flexa is a payment network that enables cryptocurrency payments at various retail stores. It allows users to spend their cryptocurrencies like Bitcoin, Ethereum, and others directly at participating merchants. AMP, in the context of Flexa, is a collateral token used to secure transactions on the Flexa network. It helps mitigate fraud and ensures the integrity of transactions by providing collateral that can be seized in the case of malicious activity. So, Flexa is the payment network, and AMP is the collateral token associated with it.
They are supposed to be announcing some news in February or at the latest q1 according to some community relations people.
submitted by /u/bpeach
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