1. Not a pajeet or a chink coin.
2. Backed by 24 entities
3. Partnerships with:
* Nestle – Preliminary talks on pilot projects; Global R&D Programme Leader (Dr. Fabiola Dionisi) is fucking ***Scientific Advisor to Ambrosus***
* INS Ecosystem
* Trek Therapeutics
* Swiss Canton of Vaud Government – Funding of Ambrosus development
* Ecole Polytechnique Federale De Lausanne (EPFL) – Technology support and management
* Parity – Core Technology Partner
* Wachsman PR – Public relations advisor to Ambrosus
* United Nations – Partner to the UN 10YFP Sustainable Food Systems Programme with proposed pilot project
* Bitquant Research Laboratories – Pilot Project already established and CSO (Dr. Joseph Wang) is Ambrosus Project Manager
* Lyons Communications – Communications advisor to Ambrosus
* Kenetic Capital – Project Funding; Managing Partner (Jehan Chu) is Ambrosus Strategic Advisor
* LDJ Capital – Project Funding; President (David Drake) is Ambrosus Strategic Advisor
* Wageni Technologies – Pilot Project (w/ Bitquant Laboratories) already established
* EIT Food & Swiss Quality and Safety Association – Official endorsement
* Migros – Preliminary talks on pilot projects
* Cantone Group – Established partnership and trials/projects for the hospitality sector
* BioFirm AG – Established partnership and trials/projects for the meat processing sector
* Crypto Valley Association – Official Endorsement; President (Oliver Bussmann) is Ambrosus Strategic Advisor
* Agricultural Commodities Company (100 billion CHF+) – NDA
* Food Manufacturer (30 billion CHF+) - NDA
* Food Retailer (25 billion CHF+) - NDA
* Food Manufacturer (10 billion CHF+) – NDA
* Cosmetics and Fragrances Company (4 billion CHF+) - NDA
* Food Manufacturer (3 billion CHF+) - NDA
* Food Processing Company (2 billion CHF+) - NDA
Ambrosus ($AMB)
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yeah i don't think Veeky Forums cares.
cause they want to stay poor
i don't think that's it. i think they're just stupid.
could be, "BUY LINK" lol
Problem for me is, the market is saturated with competitors. How sure are we the token price will increase other than just because of pure hype when people find about the partnerships? I'm not confident enough to split my lumens into this just yet
Well, IMO it's far more solid then any competitor due to the partnerships and someone posted on Reddit the following answer which I find to be good enhough -
"What ambrosus is looking to really develop a full ecosystem and focus on pharamacy/food. to do this they're going to build sensors in a lab they funded (from the ico) in January. They're litterly going to build IoT sensors that can measure stuff that doesnt yet exist (chemical composition/protein levels/molecular makeup I believe) what this does is nothing like what walton or wabi are doing.. they're more focused on JUST tracking stuff.. ambrosus is tracking stuff, but also showing proof of provenance (origin).. it is a complete tamper proof solution.. the sensors will measure stuff that matters to food supply chains AND pharmacy.
So in laymen terms they're looking to measure more precise things, and not just broad based RFID/logistics tracking.. so they'll corner the markets for where precision measurements matter (food/pharamacy to begin with).. on top of that they're building a protocol layer that will allow developers to build tools on top of them.. that will allow developers to build solutions for other supply chains and profit from when they're used.
That should help you kind of differentiate a bit.. high level but it is a starting point, hope that helps."
what does it do though
all these "partnerships" whatever that is supposed to be mean nothing
so why do they need a token for that?
other than in the stock ma rket we don not buy shares of the company we buy usecases for our token.
What do you mean? They're working together. Nestle is literally sitting in their advisory board. Unlike other companies who try to do similiar things AMB actually has working parternships and NDAs with big brands and not some local Munies.
What does it mean? It means that this project is actually going to be used and not gone with the wind once the bubble pops