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SoSo Crypto Daily | Crypto Market Retreats Amid Broad-Based Declines; Tokenization and Institutional Activity Signal Underlying Innovation
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Updated 11 hours ago
SoSo Crypto Daily | Crypto Market Retreats Amid Broad-Based Declines; Tokenization and Institutional Activity Signal Underlying Innovation
SoSo Crypto Daily | Crypto Market Retreats Amid Broad-Based Declines; Tokenization and Institutional Activity Signal Underlying Innovation
SoSo Crypto Daily | Crypto Market Retreats Amid Broad-Based Declines; Tokenization and Institutional Activity Signal Underlying Innovation
SoSo Crypto Daily | Crypto Market Retreats Amid Broad-Based Declines; Tokenization and Institutional Activity Signal Underlying Innovation
SoSo Crypto Daily | Crypto Market Retreats Amid Broad-Based Declines; Tokenization and Institutional Activity Signal Underlying Innovation
SoSo Crypto Daily | Crypto Market Retreats Amid Broad-Based Declines; Tokenization and Institutional Activity Signal Underlying Innovation
SoSo Crypto Daily | Crypto Market Retreats Amid Broad-Based Declines; Tokenization and Institutional Activity Signal Underlying Innovation
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Flexa
Digital payment platform
flexa
Twitter
LinkedIn
Categories:
CeFi
Payment
Region:
United States
Founded:
2018
Flexa is a versatile digital payments platform that offers several key features. As a merchant-focused app, Flexa has point-of-sale (POS) hardware compatibility and is designed to reduce costs, settlement times, and fraud. Payments are collateralized by Flexa's ERC-20 token Amp, which can be staked as collateral and receive additional Amp as a staking incentive. Flexa uses "flexcodes," unique barcodes that are generated and scanned for each transaction, enhancing security and consumer privacy. Accepted all over North America, Flexa aims to scale globally and integrate with numerous apps and payment options.
Flexa Fundraising
Amount
$15M
Valuation
--
Date
Apr 12, 2019
Investors
Access Ventures
Pantera Capital
Nima Capital
1kx
Investor
Robot Ventures
United States
Pantera Capital
United States
1kx
United States
Gemini Frontier Fund
United States
Nima Capital
United States
Access Ventures
Flexa Team
Tyler Spalding
Co-Founder
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Amp

AMP

Flexa
Digital payment platform
flexa
Twitter
LinkedIn
Categories:
CeFi
Payment
Region:
United States
Founded:
2018
Flexa is a versatile digital payments platform that offers several key features. As a merchant-focused app, Flexa has point-of-sale (POS) hardware compatibility and is designed to reduce costs, settlement times, and fraud. Payments are collateralized by Flexa's ERC-20 token Amp, which can be staked as collateral and receive additional Amp as a staking incentive. Flexa uses "flexcodes," unique barcodes that are generated and scanned for each transaction, enhancing security and consumer privacy. Accepted all over North America, Flexa aims to scale globally and integrate with numerous apps and payment options.
Flexa Fundraising
Fundraising Event
RoundAmountValuationDateInvestors
--$15M--Apr 12, 2019
Access Ventures
Pantera Capital
Nima Capital
1kx
Investor
Robot Ventures
United States
Pantera Capital
United States
1kx
United States
Gemini Frontier Fund
United States
Nima Capital
United States
Access Ventures
Flexa Team
Tyler Spalding
Co-Founder
Powered by
Amp
AMP
Add
$0.00249
+2.64%
Total dollar volume24H
$8,689,211
High24H
0.002639 USDT
Low24H
0.002392 USDT
Market Cap
#206$209,483,359
FDV
$247,877,313
Market Cap / FDV Ratio
0.85
Turnover rate
4.14%
Circulating supply
84,231,346,590
Total supply
99,669,205,039
Max supply
99,669,205,039
All time high
0.08 USDT
All time high date
Nov 23, 2021
Down from All time high
-96.89%
Cycle low
0.001144 USDT
Cycle low date
Oct 10, 2025
Up from cycle low
117.40%
Contracts
Ethereum:0xff...95c2
Official links
Website
White paper
Socials
Twitter
Telegram
Reddit
Discord
Introduction

Amp (AMP) is a decentralized collateral token developed on the Ethereum blockchain and designed primarily for securing payments on the Flexa network. As a collateral asset, AMP provides instant, verifiable assurance for transactions by decentralizing the risk across various asset types. When payments are made through Flexa, AMP serves as collateral to guarantee completion, allowing merchants to accept crypto payments securely. If a transaction encounters delays or fails to confirm, the staked AMP can be liquidated to ensure the merchant receives payment, thus offering seamless, risk-mitigated transactions.

Flexa, the core network utilizing AMP, enables digital asset payments at point-of-sale locations and online platforms by integrating with traditional payment systems. This feature supports crypto acceptance across various retail environments. AMP’s staking framework allows users to earn rewards by contributing AMP tokens as collateral in these transactions, creating a passive income opportunity for token holders and increasing liquidity for the network. This approach helps maintain a steady flow within the network, attracting both stakers and merchants who benefit from its security and quick transaction assurances.

The AMP tokenomics model is also carefully structured, with a fixed supply of 100 billion tokens to maintain value stability. AMP’s utility has grown through partnerships with platforms like Coinbase, Gemini, and Uniswap, making it accessible across major exchanges and enhancing its reach within DeFi ecosystems. AMP’s open-source design and Flexa’s innovative infrastructure make it a versatile solution for payments, remittances, and various digital and physical asset transfers, facilitating broader crypto adoption and financial flexibility.

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