This blockchain project is actually a social media platform which allows content creators a new way to earn cryptocurrency for their contributions. While in existing models such as Reddit or Facebook only the owner of the website is paid by advertisers, in this model content creators are paid directly for their work.
However, these users can actually use AMP as an overlay, and they can actually still be paid for content which is posted on these other channels. This allows them to gain the advantage of a larger site's traffic with the added benefit of earning cryptocurrency on top of it, making it an easy choice for creatives.
For speculators, our Synereo forecast has detected some activity which will likely be interesting to you. By using the resources on this page you'll be able to chart the events that are upcoming, and you'll be able to compare them to ones which have already happened. By using this information you can quickly identify opportunities to profit.
Our short-term Synereo prediction is pointing to a slow uptick in value for this asset. While this will likely be a slow burn it could be a very profitable one if you exit at the right time. Our sources indicate that the gains will be significant and you can find several opportunities for a profitable exit if you are using our tool. Refer to the calendar to see exactly what events will be taking place and how you can take advantage of them.
For long-term holders, the supply of the asset is not overwhelming, and it may be possible to acquire some worthwhile long-term gains here. This asset had previously reached over a dollar at one point, and it seems likely that it will make its way back to that price. The ride may be bumpy, but for those who are patient, a price point of a couple of dollars in the next few years doesn't seem unlikely.
There have actually been several blockchain social media applications, and all of them have faced one of two problems. Either a lack of users leaves them desolate, or with no central authority, the system is gamed so badly that new users simply can't participate. It's too early to know what the future holds for AMP, but investors should be aware of the difficulties involved in these endeavors.
At this point, it does not seem likely. They have a large and capable team at their disposal, but social media is much harder to crack than people realize. However, they are making great progress and their product is live right now and people are already using it, rare in the crypto land. Investors should keep their eyes open for any changes which may mark bad times ahead, but so far things look pretty good for this project.