I avoided talking about @AmpleforthOrg because I didn't understand it fully. But it seems it is interesting monetary experiment that mindfucks people with supply dynamics.

Its not a scam but has Ponzi feel, or rather, its designed to accelerate on the way up AND on the way down.

But is it bad? Yes, if people who are buying it don't understand the risks and/or are mislead.

But that can be said about many projects...at the end of the day, what is crypto if not a series of early, coordination/incentive games and game theory experiments on free market?

Will $AMPL reach any sort of "mainstream adoption"? I kinda doubt it, but they definitely managed to capture a lot of attention and bootstrap liquidity on Uniswap.

My recommendation would be to either avoid it or buy just a small amount to play with. Timing a bubble top is hard.