PROUDLY WORTHLESS™

Worth nothing.
Means everything.

AMMO is the most worthless coin on the frontier, and we couldn’t be prouder.

No ICO. Never sold. No price. Not one penny, on purpose, for keeps.

Certificate of Worthlessness

This certifies that every AMMO you will ever hold is worth exactly nothing in money.

You can’t buy it from us. We’ll never sell it to you. Nobody here will ever tell you what it “could be worth.”

What you get instead: a coin you run yourself, a network your crew keeps alive, and bragging rights that no bank can count.

CERTIFIED WORTHLESS SINCE BLOCK 1

Worth more than AMMO

  • A penny
  • A button off your old coat
  • The lint in your pocket
  • This sentence

What AMMO is good for

  • Staking from your own wallet, keys in your hand
  • Running a masternode with your pardners
  • Voting on what the treasury funds
  • Unlimited, completely worthless bragging rights

How AMMO Moves

ZERO. ZILCH. ZIP. NADA.

AMMO has no value assigned by the AMMOcoin project. There has not been, nor will there be, any Initial Coin Offering (ICO). The project never sells AMMO for money, never buys it back, and publishes no price.

AMMO is not listed on any crypto exchange. New AMMO is created only by the code, in new blocks made by the people who run the network.

Those who become AMMOnodes stake to make new blocks and secure the network with Proof of Stake, live since v1.1.1.

AMMOmasters take it to an additional level: masternodes are a critical component that serves the network and votes on the treasury.

Beyond that, AMMOfreaks and AMMOgeeks are recognized mainly from the contributor reserve held by the QuarterMaster reserve. Separately, anyone can ask the on-chain treasury to fund their work through a budget proposal. And NUGGETS that come from activity on GLiBz can be swapped for AMMO.

So, yeah: AMMO is not for sale. It goes to the people who run, build and grow the network. Proudly worthless, and staying that way.

AMMOcoin seal

The closed loop

  • Not sold by the project. AMMO comes from staking, masternodes, treasury proposals, structured-release tier positions, AMMOgeek and AMMOfreak awards, and NUGGETS from activity on GLiBz.
  • NUGGETS have no cash value. They are the GLiBz platform currency and cannot be cashed out for money.
  • Only activity NUGGETS swap. NUGGETS that come from activity can be swapped for AMMO, at the current GLiBz swap rate (tiered and capped per member each month), or redeemed toward a tier position. NUGGETS paid for with cash or AMMO are spend-only inside GLiBz.
  • The reward catalogue is not the store. Goods at shop.glibz.com are priced in dollars with a normal checkout. The GLiBz reward catalogue lets members redeem selected Schwag'n Depot items with NUGGETS or AMMO, at redemption prices that are not converted from dollars.
  • Member-to-member trades are the members' own business. If two members trade AMMO between themselves (for example through escrow), the project sets no price and is not a party to it.
  • No exchanges. The project runs no exchange and seeks no listing. Any listing anywhere would happen only through a masternode governance vote.