When buying a Coin Offering you must pay attention to:

- The Level you are purchasing in at 1CO or ICO, 2CO, 3CO, 4CO, etc.

- The Privacy of the past levels 1COP2CO3CO = 1st coin offering private, 2nd coin offering public, 3rd coin offering public

- The Sell ability of funds to be under/over sold 1COP2COS = 1st coin offering private limited, 2nd coin offering public sell

- When the coin is available to Exchange X = Market/Exchange/Trade for USD/BTC/Crypto

- The New Coin Creation structure M = Mining


The scam described by @fartbags would be a 1COP2COS... (1st coin offering private limited, 2nd coin offering public sell, ...). It's easy to see how this is a bubble filled up by selling to the public. The 1COP can sell for below 2COS price, earn a great reward and repeat. The 2COS users are left to hold the bags in hopes of a miracle. Be careful if you see a 1COP2COS.

Here is a list of risk reward:

M = Medium Risk, High Reward
MX = Medium Risk, High Reward
1CO = Medium Risk, High Reward.
1COS = Medium-high Risk, High Reward.
1COSX = Medium Risk, High Reward.
1COP = Low Risk, High Reward.
1COM = Medium Risk, Medium Reward.
1COMX = Medium Risk, Medium Reward.
1COP2COS = High Risk, Medium Reward
1COP2COSX = Medium Risk, Medium Reward
1COP2COS3COS = High Risk, Low Reward
1COP2COP3COP4COP5COP6COP7COP8COPX = (traditional old company) High Risk, Low Reward


I like to get into coins that start with these structures:
1COS, 1CO, 1COSX, MX, M, 1COM, 1COSM, 1COSMX

The 1COP is where the scammers buy in. It's the best place to get into a coin at. The 1COPCOS is a bad place to be buying into the coin. There would have to be many things going right for me to get into a 1COPCOS. The 1COP2COSX is another way to get in if you feel you missed out on the most amazing thing ever.


Always find/make a coin offering string, as described above, before buying into a crowd funding style crypto.

Thanks for the questions.

In order to respect the privacy of the early Factoid purchasers the Foundation will not be releasing individual transaction ids for participants, as we didn't ask for or seek their permission to release transaction details.

For those interested in checking / auditing the proportion analysis of the holders of Factoids you are welcome to check the public Genesis block when it is released as part of the Factom Genesis version of the live Beta. The Genesis block will show the amounts of Factoids owned by all participant addresses that took part in the early sale (20%), main sale (50%), and the early contributors (30%).

I'm happy to talk about the reason for the early sale of Factoids. It was done in order to provide support for the core developers of the Factom Client from the period beginning in mid 2014 through April of 2015. There have been more than 5 full time core developers working on the Factom Client during that period and getting paid to do so was the only way they could afford to focus all their efforts during that time in order to create the Factom Alpha and now the Factom Beta.

The early purchase period of Factoids was not private or invite only, anyone that approached the Factom Foundation about supporting our efforts was informed about the early purchase opportunity. Similar to the early contributor pool the Foundation was very public about welcoming any community members to help write and review Factom code, spread the word about Factom or otherwise contribute to the project and all their efforts were recorded and included in the Factoid pool for early contributors. More than 70 members of the Factom community took part in being community leaders, code reviewers, advisors, or making other contributions. This whole process has been done openly with repeated calls to the community for support.

Its important to note, the participants of the Factoid early sale didn't get any preferential treatment compared to the price paid by the main sale participants. A similar amount of support was collected during the early sale as was collected during the main sale, but split among a 20% pool instead of a 50% pool. In the end Factom Foundation can't make any predictions about the future price of Factoids, we only know that the protocol connects the utility of the Factom Network to the use of the Factoid tokens via the use of entry credits. The consensus paper is worth checking out on that topic. https://github.com/FactomProject/FactomDocs/blob/master/FactomLedgerbyConsensus.pdf

I hope that information is helpful : )

3) Create incentives for people to spend their Bitcoins, making this option more lucrative for them than hoarding

I really do like axiom coin but its starting to get dangerous. We are hitting 2500 satoshi and in another week will probably be at 2k or below if no updates or useful news is made. It is way to early for development to be stopped on this coin and for it to maintain a good value

Who is Dan Conway?
I just hope you don't hire Joe Mozeleski aka ICM the Serial Scammer

Which one is better and why? Are they both GPU-only or can they be mined with more powerful methods?