The official Reddit community (subreddit) for Amp is https://reddit.com/r/amptoken. "The workings AMP are not easily discernible to the everyday investor, and explanations on the crypto’s official website aren’t easy to understand. How these trusts work is that a group of initial wealthy investors pool funds to buy a large block of the cryptocurrency named in the trust. Then Grayscale lists the trust on an exchange and sells bits of ownership in the trust in the form of stocks. The actual stock price rises and falls on the value of the underlying crypto AND the trading activity of the stock itself. It’s less volatile than owning the crypto directly and easier to purchase – no digital wallet is needed. In the area of cryptography, there is debate over whether to put security or speed first. To assure the safety of every transaction, security is required, but speed is essential for the widespread adoption of a blockchain. Collateralization is Amp’s answer to this problem. Users can bet cryptocurrency with each transaction to ensure that it will complete.
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