FRAGMENTS(now Ampleforth)

Fragments is a decentralized store of value protocol. At Fragments, we’re developing a low volatility coin that splits on inflation.

Fragments are price targeted to $1 USD like a stablecoin. However unlike stablecoins, when demand increases the new supply is automatically split to coin-holders.

We want to create a fair and stable money for the world. The goal is to create a stablecoin that’s superior to existing stablecoins on the market — like Tether.

Fragments is led by Pythagoras Pizza founder Evan Kuo, who originally proposed Fragments as a token for the gig economy. However, the project has since pivoted to create a stablecoin.

One of the unique things about Fragments is that it’s a stablecoin — although the value of the coin could increase over time. That may sound contradictory — so let’s take a closer look at how Fragments works.