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Price
$0.0100
9/28/2022, 6:58:36 AM
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Market

Market stats

Market cap

$75,786.31

Volume (24h)

-

Circulating supply

7.6M AMA

All time high

$0.90

Price change (1h)

0%

Price change (24h)

-0.01%

Price change (7d)

+1.23%

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AMATEN is on the rise this week.

The price of AMATEN has risen by 1.23% in the past 7 days. The price declined by 0.01% in the last 24 hours. In just the past hour, the price shrunk by 0.00%. The current price is $0.01001 per AMA. AMATEN is 98.89% below the all time high of $0.90.

The current circulating supply is 7,571,323.33 AMA.

About

What Is Amaten (AMA)?

Amaten is a Japanese gift card exchange platform for blockchain-powered gift cards and Loyalty management NFT (non-fungible token) established on Ethereum blockchain. The platform claims to take the gift card 1.0 to a new revolutionary height, i.e, gift 2.0. The asset claims to currently control 70 percent of the gift card market in Japan. Amaten provides twenty-three gift cards for trading on different exchanges (Amazon, iTunes, etc.)These gift cards will be based on the AMA-2 protocol.

According to the asset’s whitepaper, the common problems faced both in the current gift cards market as well as the loyalty management sphere are as follows:

  • Gift cards usually have expiry dates and can’t be redeemed beyond that.

  • Security issues like online gift frauds - can redeem codes and sell them online.

  • Users may face onboarding difficulties.

  • Reward systems can be confusing.

  • On the merchants’ side, frauds like double spending, physical theft, cloning might happen.

Therefore, to tackle the problems mentioned above, the platform introduced blockchain-powered solutions like smart contract capability, composability and security. It also aims to control fraud and make it secure for Amaten stakeholders. Amaten creates Dapps for all users to help power gift card wallets, integrating directly with merchants for redemption and allowing secondary market transactions.

The native token of Amaten platform is AMA which is based on Ethereum’s ERC20 token standards. AMA token is used to make transactions on the platform of all kinds for merchants and providers. Due to the borderless nature of blockchain, the Amaten network is growing worldwide. For trading, AMA uses DeFi, due to which no KYC or usage fee in the Uniswap is required.

History of Amaten (AMA)

Amaten was established in 2012 in Japan. The chairman of the Amaten platform is Tom Kanazawa, and the CEO is Keiichi Mori. Tom has been an IT entrepreneur and venture capitalist. He has also founded one of the first mobile content provider start-ups in Japan with Mizuho Capital. Other team members of the Amaten team are - Kazuyoshi Matsuzawa (COO), Minoru Morise (CMO), and Masakuni Kato (CTO). The token’s maximum supply is 500 million AMA tokens.

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FAQ

What is the current price of AMATEN?

The price of 1 AMATEN currently costs $0.0100.

What is the market cap of AMATEN?

The current market cap of AMATEN is $75.79K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of AMATEN?

The all-time high of AMATEN is $0.90. This all-time high is highest price paid for AMATEN since it was launched.

What is the 24 hour trading volume of AMATEN?

Over the last 24 hours, the trading volume of AMATEN is $0.00.

What other assets are similar to AMATEN?

Assets that have a similar market cap to AMATEN include Font, Cryptojacks, CryptoBonusMiles, and many others. To see a full list, see our comparable market cap assets.

How many AMATEN are there?

The current circulating supply of AMATEN is 7.6 million.

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