AmonD PriceAMONInactive

What is AmonD (AMON)?

AmonD (AMON) is an Ethereum-based cryptocurrency project that was launched in 2018. AmonD aims to become a User-Side Platform (USP), a model in which users are compensated for actively managing their personal data and advertising engagement. The project focuses on revolutionising how personal data and advertising are managed and incentivised from the user's perspective. By leveraging blockchain technology, AmonD proposes a system where users can directly benefit from their online presence and interactions, addressing the imbalance in the current digital advertising ecosystem where users often lack control over their personal data and are inadequately compensated for their participation.

The core idea behind AmonD is to provide fair and sufficient incentives to consumers, allowing them to actively manage their personal data and engagement with advertising. The project's cryptocurrency, AMON, serves as the medium of exchange within this ecosystem, facilitating transactions, rewards, and incentives. AmonD operates as an ERC-20 token on the Ethereum blockchain, with a total supply of 7,176,499,999 AMON. The project combines crypto and point wallets, and its Ad-OS enables innovative target marketing for advertisers while allowing users to acquire benefits through their time and contribution.

Key Specifications & Tokenomics

• Name: AmonD
• Ticker / Symbol: AMON
• Blockchain / Platform: Ethereum
• Token Standard: ERC20
• Smart Contract Address: 0x00059ae69c1622a7542edc15e8d17b060fe307b6
• Decimals: 18
• Explorer: etherscan.io
• Category: Payments; Token; Primary; Advertising; Identity
• Total Supply: 7,176,499,999 AMON
• Circulating Supply: 7,176,499,999 AMON
• Max Supply: Unlimited
• Launch Date: 2019-08-10
• Project Launch Year: 2018
• Contract Start Date: 2019-01-02
• Official Website: amond.cc
• Whitepaper: Referenced via CoinMarketCap and CryptoSlate

Who created AmonD?

AmonD was founded by Won Dong and Ted Jung. The CEO of Amond is Jeong Ju-hyung, and key team member Won Dong is also listed. According to a Medium post titled "Meet The Founders — Amon Jumpstarts The Crypto Economy," Amon's founders are described as a group of talented professionals and serial entrepreneurs with extensive experience in Digital Marketing, IT, and related fields. The project's leadership brings together expertise from both the technology and marketing sectors, which aligns with AmonD's mission to transform the digital advertising landscape through blockchain technology. The company is based in Seoul, South Korea. Ted Jung is described as founder/CEO of hellolive Inc. and an internet and mobile service expert with 20 years of experience.

How does AmonD work?

AmonD operates on the Ethereum blockchain as an ERC-20 token, utilising smart contracts to facilitate transactions, rewards, and incentives within its ecosystem. The project's core mechanism revolves around its Ad-OS, which enables innovative target marketing to users for advertisers while allowing users to acquire benefits through their time and contribution. By leveraging blockchain technology, AmonD creates a system where users can benefit directly from their online presence and interactions.

According to the project, the Amon AI System analyses market fluctuations and users' cryptocurrency portfolios to suggest which currency to convert for transactions; these are project claims and are not independently verified. According to the project, the Amon Wallet allows users to buy, sell and exchange fiat and cryptocurrencies; rates and availability are not independently verified. Additionally, AmonD combines crypto and point wallets, providing a seamless integration of traditional and digital financial systems. The organisation known as apmcoin manages the domain and address that link the apM Reward Layer mainnet with the ERC-20 apM token on the public mainnet; this concerns the apM token rather than AMON itself.

What makes AmonD unique and valuable?

AmonD distinguishes itself through its vision of a User-Side Platform (USP), which fundamentally shifts the power dynamics in the digital advertising ecosystem. Rather than allowing advertisers and platforms to dominate data ownership and monetisation, AmonD empowers users to actively manage their personal data and receive fair compensation for their engagement with advertising. This user-centric approach addresses a significant imbalance in the current digital economy.

The project's unique value proposition lies in its combination of blockchain technology, artificial intelligence, and a comprehensive understanding of digital marketing. The Amon AI System adds an intelligent layer that analyses market conditions and user portfolios to optimise currency conversion decisions. Furthermore, AmonD's security framework incorporates multiple layers including staking platforms, secure wallets, and encryption to safeguard the ecosystem and users' assets. The integration of crypto and point wallets also provides users with flexibility in managing both traditional and digital assets within a single ecosystem.

What is AmonD used for?

AMON serves as the native utility token of the AmonD ecosystem, functioning as the primary medium of exchange for transactions, rewards, and incentives. Within the platform, users can earn AMON tokens by actively managing their personal data and engaging with advertising content through the Ad-OS system. The token facilitates the fair distribution of incentives that reward users for their time and contribution to the ecosystem.

Additionally, AMON can be used within the Amon Wallet for buying, selling, and exchanging fiat and cryptocurrencies. AmonD lists staking platforms as part of its security framework, where users lock up tokens; the project's materials do not specify how staking rewards are funded. As an ERC-20 token, AMON relies on Ethereum's own consensus rather than a separate mining process. The Amon AI System may recommend converting AMON or other cryptocurrencies based on portfolio analysis; the token is tagged as a payments token on major data platforms.

How Is the AmonD ecosystem developing?

The AmonD ecosystem has been evolving since the project's launch in 2018, with several key developments marking its progress. The Ad-OS platform enables innovative target marketing capabilities for advertisers while providing benefits to users based on their time and contribution. AmonD combines crypto and point wallets, allowing users to buy, sell and exchange fiat and cryptocurrencies within a single ecosystem.

The ecosystem also incorporates the Amon AI System, which continuously learns market patterns to provide intelligent recommendations for currency conversions. The integration of the apM Reward Layer mainnet with ERC-20 apM on the public mainnet, managed by apmcoin, demonstrates ongoing efforts to create seamless cross-chain functionality. AmonD's security framework has been developed with multiple layers including staking platforms, secure wallets, and encryption. The project's official website is amond.cc and its Medium page is medium.com/@amondproject; a whitepaper is referenced via CoinMarketCap and CryptoSlate. According to Tracxn the company is funded, and Dealroom describes it as venture-backed; Crunchbase characterises AmonD as a blockchain hybrid electronic wallet. According to CryptoSlate, AMON currently has 0 valid markets and 0 active exchanges, with a trading activity score of 35/100 (Dormant range); CoinLore describes the coin as appearing inactive.

How to mine AmonD?

AMON is an ERC-20 token on Ethereum and is not mined. Its supply is fixed at 7,176,499,999 AMON, and according to the project tokens are distributed to users as rewards for managing personal data and engaging with advertising through Ad-OS.

AMON is an ERC-20 token on Ethereum and is not mined. According to the project, users earn AMON through the Ad-OS ecosystem for managing personal data and engaging with advertising; tokens can also be acquired on exchanges where AMON is listed. AMON has been listed on BitMart (per a BitMart support article dated 25 May 2022); according to Yahoo Finance the token trades on one exchange. Before engaging with any staking or earning mechanisms, users should thoroughly research the project's official documentation and understand the associated risks.

How to keep your AmonD Coin safe?

Securing AMON tokens requires a multi-layered approach that leverages both the project's built-in security features and general best practices for cryptocurrency safety. AmonD employs multiple layers of security to safeguard its ecosystem and users' assets, including encryption of data transmitted across its network to ensure sensitive information remains confidential and secure from interception or tampering. The project incorporates secure wallets that employ advanced encryption methods to protect against unauthorised access and potential security breaches.

For individual token holders, using reputable wallets that support ERC-20 tokens is essential. Hardware wallets provide the highest level of security by storing private keys offline, while software wallets offer convenience for more frequent transactions. Users should always verify contract addresses before interacting with any token, ensure their wallet software is up to date, and never share private keys or seed phrases with anyone. When participating in staking activities, users should use official platforms and verify the legitimacy of any staking service before locking up tokens. Additionally, being aware of common phishing attempts and avoiding suspicious links or unsolicited communications related to AmonD can help prevent asset loss. As with any cryptocurrency investment, conducting thorough research and understanding the risks involved is strongly advised.

For informational purposes only; not investment advice.