Payment Processors have historically been incredibly profitable long term investments. Amp's unique role as collateral in the Flexa payment platform will bring it to new heights.

Due Diligence:

https://docs.amptoken.org/about/whitepaper

https://linktr.ee/amptoken?utm_source=linktree_profile_share&ltsid=5110a86a-6e48-4e42-b703-447d819f0b07

Supported currencies, integrations and partners:

https://flexa.network/currencies

https://flexa.network/integrations

https://flexa.network/apps

(Lightspark) https://twitter.com/FlexaHQ/status/1659167880187969537?t=0d75YfW21xPOZmyz3vdlow&s=19

(Solana Pay) https://twitter.com/solana/status/1519356626079305729?t=MxHutILaRUdA_yV5evd1Zw&s=19

Community members spending various crypto at different locations:

https://twitter.com/Team_Litecoin/status/1703569813614756168?t=JAxLPeLMshgjIaq1mpwcww&s=19

https://twitter.com/0xGarya/status/1404514102546944011?t=yYlg0wNfwJ19NxUqLw5rEQ&s=19

https://twitter.com/Big_Al_225/status/1683050740422524930?t=v59W1zoBsNCN7FyM-b1Igg&s=19

https://twitter.com/TheJohnKimShow/status/1561045692235354114?t=UO5njqtxfjCmt84JFE4PnA&s=19

Merchant Incentive Examples:

https://twitter.com/FlexaHQ/status/1574857856805138432?t=HjbfHdIor8vC9cfjaOv0VA&s=19

https://twitter.com/FlexaHQ/status/1532036955961233410?t=ItrtX0xZx_LeaUfbVsPr0w&s=19

https://twitter.com/FlexaHQ/status/1604084037471043584?t=kmte8MWRu1RCtorJ1dWhyw&s=19

https://twitter.com/FlexaHQ/status/1466541034515615745?t=CffIGd6M2ryylBa2uaTclQ&s=19

The Founders of Flexa and Consensys worked together to create a solution for the glaring issues with the way payments work in the modern day. If you have been paying attention, accepting credit card payments has become increasingly expensive for merchants, fraudulent transactions are losing companies billions of dollars yearly and using alternative assets as payment is difficult if not impossible in most places.

A simplified overview of the token's purpose:

Amp is a universal smart collateral. It's application in the Flexa platform enables instant, fraud-proof, asset agnostic payments. In short, Amp achieves this through a robust smart contract system including the use of collateral pools. When you pay with Bitcoin on a Flexa platform, an equivalent amount of Amp staked to a collateral pool is locked while the original transaction reaches required Blockchain confirmations for the purchase to actually be verified as legitimate. When the transaction is verified, the Amp locked up is released back into the pool. If the payment were found to be fraudulent, the locked Amp is sold on the market to make the merchant whole. Since staking Amp is completely decentralized, every staker pledges a small amount of Amp and when liquidated the staker would lose a miniscule amount of Amp. As a incentive for securing the network, Amp stakers earn Amp passively. Payments on the Flexa Network are fee-less for the spender and >1% for the merchant. Fees generated by payments are used to buy back Amp on the open market creating value tied to the network activity further incentivising people to actually hold and stake Amp rather than speculate on it.

Okay that's cool and all but why would anyone spend crypto let alone Bitcoin??

Because the merchant wants you to and have every reason to incentivise spending digital currency. The merchant wins in every way during a Flexa transaction. They pay lower transaction fees than the closest competing payment processor, they aren't susceptible to fraudulent payments, more currencies to spend means more potential customer, and lastly the merchant can receive any desired currency they want when some spends. You pay with Dogecoin but the merchant receives Bitcoin, USDC or even USD etc. Flexa supports a wide variety of stablecoins so you can participate in the digital economy without even touching your precious sats.

(See merchant incentive links above)

One of the most important aspects of Amp token is that it is not exclusively used by Flexa and payments aren't the only use case. The Amp smart contract is immutable. Flexa can't change nor can anyone else. Anyone could buy Amp and develop their own infrastructure with it. We have recently seen this with the announcement of the Amp foundation and soon released "Ampera" defi primitive used to create digital LOCs.

We are currently in the infancy of digital currency adoption. Flexas impressive integrations, partners, patents and first mover advantage give the Amp token an incredibly positive long term outlook.