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Title: [2015-03-26]Bitcoinist- Factoids: The Tokens that Drive the Factom Protocol Post by: Blawpaw on March 26, 2015, 04:09:11 PM Factoids: The Tokens that Drive the Factom Protocol
http://bitcoinist.net/factoids-tokens-drive-factom-protocol/ (http://bitcoinist.net/factoids-tokens-drive-factom-protocol/) Title: Re: [2015-03-26]Bitcoinist- Factoids: The Tokens that Drive the Factom Protocol Post by: Djentriser on April 15, 2015, 01:52:35 PM Hi, Im average joe and I dont really understand, why should one buy factoids?
Lets say some company would like to use factom layer, do they need to buy factoids to do so? Where should the value of factoids come from? Could you please explain it in simple way? P.S. That sale is backed by tether means, that if I invest 1 BTC of value 220 USD, my investition will have value of 220 in case BTC wil collapse to 100? Will factoids of 1 BTC will always value of 220 USD? Or they can go only higher in case there will be demand? Thank you. |