Ampersand Markets
Mining & Metals - Chicago, Illinois, United States
Ampersand Markets Employees
Ampersand Markets Details
Ampersand Markets is creating a silver-based ecosystem around a new category of digital assets, allowing buyers to own silver inside the blockchain ecosystem. The brainchild of Seth Patinkin, the only PhD student to work under Nobel Prize Winner John Nash at Princeton University, Ampersand has developed a first-of-its-kind digital token, the Ampersand Vaulted Silver Token (AXSI), that features a hybrid structure based on both physical silver and a Digital Right, which offers buyers the ability to purchase a specific amount of refined silver in order to create an AXSI token. This two-part structure offers token purchasers the opportunity to diversify holdings while maintaining a floor value. The Digital Right will bear a value consistent with prevailing market forces, and its value will scale with the growth of the Ampersand ecosystem. Additionally, Ampersand is exploring the development of a blockchain-based hybrid mineral tokens exchange.
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