Whats up guys.
Lately Ive been looking for some relatively cheap and new cryptos on the market with good potential of growing for next 3 years+
I found my top 1, where I have done huge research and I invested quite a lot in it, as I think its a blast.
However, Factom and Decred are on my mind. I was wondering if any of you know something about them.
If they offer a good technology, hows the community, and generally if it's good long term investment and why.
For what I know now(which is not a lot), Factom looks better for me.
Thanks for sharing your thoughts!
Decred; centralized scam. 17.2% dev theft, 17.2% airdrop, 19.7% POS, 6.6% dev fund.
Crazy. If devs are invested in the project, release POW, and devs should invest in mining. Skimming 20% off the top says something about the devs running the project. Devs don't want to invest, they just want to launch ICO.
I also own Decred bought a few weeks ago, and I plan on dumping soon for profit.
Factom looks even worse. I am pretty sure Factom is a blockchain that stores hashs that can be applied to audit or other functions using the Factom token. Then they ICO at $30MM market cap. Can anyone tell me if Factom has been used for any application? Does Factom have any clients? Does Factom have anything other than an ICO and an inflated market cap? Concept is viable I guess, but someone else will do it better.