How is this thing blockchain? It uses 32 federated servers.
The developers release 73k coins per month correct? Why does a coin have value? Why not have a set price to insert a factoid at their website: i.e. 15 cents per factoid
I feel like I'm losing my mind but is factom not incredibly stupid?
I think it's something like the usenet system with coins... im not sure how it works if there are centralized servers it does sound a bit dumb.
It's also a bit dumb to invest in inflationary currencies if you are expecting to make gains long term as well.