Amon (AMN) Project Overview
Amon (AMN) is a cryptocurrency token built on the Ethereum platform that previously supported a fintech project aimed at bridging the worlds of traditional finance and cryptocurrency. The project is operated by Amon OÜ, a fintech company registered in Estonia, and holds an operating license from the local financial intelligence agency.
Amon’s core products include the Amon Wallet, the Amon Debit Card, and the Amon Earn program. Its goal is to enable users to conveniently use crypto assets for everyday spending and earn rewards through its ecosystem.
Purpose and Use of the AMN Token
The AMN token is a utility token within the Amon ecosystem, designed to enhance user engagement and experience.According to the project’s design, users can earn AMN tokens as rewards and cashback when making purchases with the Amon debit card or conducting cryptocurrency exchange transactions within the Amon Wallet. This mechanism is designed to incentivize users to use Amon’s services more frequently and hold AMN tokens.
Funding History and Development Milestones
The Amon project has secured funding through multiple rounds during its development:
- Initial Coin Offering (ICO): Amon successfully conducted its ICO between March and April 2018, raising approximately $1.33 million to $1.50 million at an ICO price of $0.05000.
- Pre-Seed Funding Round: In 2019, Hungary’s MKB Bank participated in Amon’s pre-seed funding round, injecting capital to support its development.
- Follow-on Funding: In 2020, Amon received additional support from the venture capital firm Digital Magics and the funding platform BnkToTheFuture.
- Seed Round: The most recent seed round closed in January 2021.
In terms of product launch, Amon had planned to introduce its debit card first in the United Kingdom in July 2021, with a gradual rollout to regions including Europe, Asia, and the Americas.
Team and Early Vision
During the ICO, Amon’s core team members included Daniele Izzo, Cristian Izzo, and Samantha Jewel.The project had formulated an ambitious five-year business plan based on market research, aiming to reach 60,000 users in the first year and 590,000 users in the fifth year, with plans to capture 5% of the potential market and project revenue growth from 6 million euros to 60 million euros over five years.
Review of the AMN Token’s Market Performance
As of the time of publication in July 2026, the market performance of the AMN token has been extremely lackluster. According to multiple data sources:
- Current Price: The price of AMN is hovering at extremely low levels, with some platforms showing it at $0 or close to $0—for example, between $0.00000369 and $0.00000928.
- 24-Hour Trading Volume: Its 24-hour trading volume is also extremely low, with most platforms showing $0 or less than $10, indicating extremely low market activity.
- Market Capitalization: Multiple sources show that AMN’s market capitalization is now $0 or “--,” meaning its market value is negligible.
- All-Time High (ATH): AMN’s all-time high reached $0.1224 or $0.12, which stands in stark contrast to its current price.
- Total Supply: AMN’s total supply is approximately 1,209,963,685 AMN. Data on the circulating supply varies, but given its extremely low market capitalization, the actual tradable supply is likely very limited.
These figures indicate that, although the Amon project had funding and product plans in its early stages, the AMN token has essentially lost its liquidity and significant market value in the current market.
