Ramifi Protocol Price (RAM)

What Is Ramifi Protocol (RAM)

Ramifi Protocol is inflation immune dynamic money that utilizes elastic supply technology to denominate the purchasing power of global currencies such as the United States Dollar (USD). Ramifi’s unit of account is based on a weighted basket of over 100 globally traded commodities. This allows for a decentralized stable-contract that has an inverse relationship to the loss of value experienced by fiat currencies. The protocol is hosted on the Ethereum Blockchain for the time being.

Who Are the Founders of Ramifi Protocol?

Kyle Forkey is Ramifi's founder and lead smart contract developer. Kyle is also a founding member of Ethmint, a financial organization that offers blockchain and smart contract development services and consultation. While at Ethmint, Kyle helped guide one of the first regulatory-compliant ICOs in the United States. Amentum Capital, where Kyle is a General Partner, is a crypto hedge fund for blockchain-based protocols and applications that focuses on diversity, security, interoperability, and Sustainability.

Kyle Kahlenberg is Ramifi's Project Manager and Co-Founder, handling both community outreach and investor relations. Kyle additionally co-founded Helius Financial, an innovative real estate investment platform that utilizes fractionalized crowd-funding with the help of blockchain technology.

Both founders believe inflation is an important factor in our lives that should be actively addressed while encouraging innovative solutions regarding the devaluation of fiat currencies.

What Makes Ramifi Unique?

Ramifi aims to facilitate multi-use case financial instruments with an inverse relationship to inflation and the loss of value fiat currencies are exposed to. Commodities are raw materials necessary for everyday life, which collectively can offer a unit of account. With an Elastic supply protocol, Ramifi can simultaneously undergo scalable growth and stability.

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How Many Ramifi Tokens Are There in Circulation?

Initial Fully Diluted Circulating Supply for Ramifi Protocol was set to a total of 2,800,000 upon launch, with an Initial Circulating Supply was set to 360k RAM. Due to the protocol's supply being elastic, the total supply may vary after launch.

Where Can You Buy Ramifi Protocol (RAM)?

Upon Launch on March 30th, 2021, Users will be able to purchase ram token on Uniswap, a decentralized exchange.