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FAQ

Amazonascoin (AMZ) is a public blockchain-based cryptocurrency that fills the gap between angel trader, developers of green projects, companies, and startups. The project aims to develop technology, education, culture, and sustainability in degraded or isolated areas. In other words, Amazonascoin's purpose is to be an environmentally aligned crypto-asset, flexible, anti-fraud, anti-hacker, and scalable to foster sustainable socio-economic, environmental, and cultural development.

According to the whitepaper, the core features of the project are:

The project reduces the gap between traders, environmental project developers, and the beneficiary population. Besides this, traders have the opportunity to participate in a risky and highly liquid secondary market, with open access to new entrepreneurs or international companies through this new investment model. Moreover, the ADB (Amazonas Digital Banking) app monitors the project, and green crypto crowdfunding management minimizes the requirement of intermediaries, decreases the tax burden, and has a lower risk to the operation. All of this features transparent, traceable, and monitoring technology.

Also, EDiS, as a support platform for users, provides online courses in crypto-economics, mindset exponential, business plan, and strategic planning to gain the experience of crypto mining in the community and distributive form (pool). Lastly, AMZ is the native token of the project that users use to earn rewards by mining. The mining of tokens occurs in two ways: Idopool and Xpoc-Hub. Idopool allows users to implement PoC technology using their custom machines, whereas Xpoc-Hub allows users to perform mining actions in the community pool using better facilities. Finally, the cold wallet (hardware) gives the necessary security to the token that protects AMZ against hacking or cloning.

The whitepaper on Amazonascoin (AMZ) was released on May 6, 2020. The project team involves Clynson Oliveira as chief of strategy office, Bruno Souza as chief of financial officer, Vanilson Costa as chief operating officer, and Carlos Pinto as chief marketing sales officer.

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