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Thank you for your concerns.
First off, big projects take time. I'm sorry we didn't conquer the world over the past weekend.
Factoids were never intended to be a consumer level payment system, we have Bitcoin for that. It doesn't make sense to have an iphone wallet for Factoids. As described in the whitepaper, Factoids are a way for the system to have a value sacrifice in order to limit spam. Factoids are the only way to get Entry Credits, which is the only way to enter data in Factom.
The best way to increase scarcity of the token is to increase usage of Entry Credits. You seem to be advocating for increasing the number of speculators, which would also tend to the increase resale value of the token, but not in the long term. Speculators are guessing that the system will be valuable, not because there will be more speculators later, but because Factoids will be needed to access a useful business system.
http://blog.factom.org/post/131555177929/more-on-factoids-factom-foundation-factom-inc
We also realize that making user friendly wallets is very hard. We specialize in backend automation software. We are growing our team to make better front end software, and we know we are subpar at it. If you have the skills to help us make the wallet better, we would very much appreciate it. The code is located here: https://github.com/FactomProject/walletapp If you have some design experience, the HTML files are located here: https://github.com/FactomProject/walletapp/tree/master/staticfiles
Also, the wallet can be accessed by API calls. If you would like to put a fancy c++ wallet frontend on the fctwallet backend, all the crypto and token handling is done. If it is as easy as you say it is, then it shouldn't take you too long to make one that complies.
Our token sale received less than 5% of Ethereum, and only 1/3 of that has been released so far. Here is the report of the progress from Michael Perklin, a well respected outside auditor: http://factom.org/downloads/factomreview.pdf We are now concentrating on meeting the milestones, which mean having a multiserver federated system up and running.
Do you have any contacts with Microsoft or Chinese Auto Giant Wanxiang? We would love an introduction. Please get in touch with us if you know someone in the organization we should be talking to.
As far as customers, normally large organizations admire discretion. We also have NDAs in place. Thankfully, the volumetric usage of Factom is visible on the blockchain, so you can see the amount of data being put into Factom.
The news article about Honduras came out a few hours after the token sale ended.
First off, big projects take time. I'm sorry we didn't conquer the world over the past weekend.
Factoids were never intended to be a consumer level payment system, we have Bitcoin for that. It doesn't make sense to have an iphone wallet for Factoids. As described in the whitepaper, Factoids are a way for the system to have a value sacrifice in order to limit spam. Factoids are the only way to get Entry Credits, which is the only way to enter data in Factom.
The best way to increase scarcity of the token is to increase usage of Entry Credits. You seem to be advocating for increasing the number of speculators, which would also tend to the increase resale value of the token, but not in the long term. Speculators are guessing that the system will be valuable, not because there will be more speculators later, but because Factoids will be needed to access a useful business system.
http://blog.factom.org/post/131555177929/more-on-factoids-factom-foundation-factom-inc
We also realize that making user friendly wallets is very hard. We specialize in backend automation software. We are growing our team to make better front end software, and we know we are subpar at it. If you have the skills to help us make the wallet better, we would very much appreciate it. The code is located here: https://github.com/FactomProject/walletapp If you have some design experience, the HTML files are located here: https://github.com/FactomProject/walletapp/tree/master/staticfiles
Also, the wallet can be accessed by API calls. If you would like to put a fancy c++ wallet frontend on the fctwallet backend, all the crypto and token handling is done. If it is as easy as you say it is, then it shouldn't take you too long to make one that complies.
Our token sale received less than 5% of Ethereum, and only 1/3 of that has been released so far. Here is the report of the progress from Michael Perklin, a well respected outside auditor: http://factom.org/downloads/factomreview.pdf We are now concentrating on meeting the milestones, which mean having a multiserver federated system up and running.
Do you have any contacts with Microsoft or Chinese Auto Giant Wanxiang? We would love an introduction. Please get in touch with us if you know someone in the organization we should be talking to.
As far as customers, normally large organizations admire discretion. We also have NDAs in place. Thankfully, the volumetric usage of Factom is visible on the blockchain, so you can see the amount of data being put into Factom.
The news article about Honduras came out a few hours after the token sale ended.
And yet, you list all these people as a resource to draw upon........ http://factom.org/team
