[FCT] Factom - A data-centric platform for decentralized applications

[KnyazED]

Shitcoin like Electroneum starts outperforming Factom . ... what a disgrace lol. Factom slowly turning into shitcoin in 2019

In the long run FCT will survive where many shitcoins will likely die, especially when institutional investors start looking for non speculative coins.

Any altcoin can turn into a shitcoin and after the ICO of this factom i have not heard how this project was good or not. i believe that if the Factom Team Members will continue to work there will be a good long term possibility that it may have a good fundamental support. People are not hype into new ico that can make them a quick profits as well as some of the ico project leaving it after some light activity and development.

In the past, investors have quite confidently invested in new projects. but for today, we can not be sure of the success of the new project. previously you could earn a fairly large profit, but now it's pretty important to get.

[Kartaba]

There is like what, 73000 factoids created every month? How you gonna sell them without crashing the market if you only have two major exchanges listing it? You can build a blockchain service but cant provide liquidity? It just blows my mind really.

[Factom Protocol]

A rust client for the Factom API.

Here are the docs.

[Factom Protocol]

A new video has been released which talks about the first Initial Token Offering planned for the Factom Asset Token (FAT) Protocol:

[Kartaba]

YOU HAVE 50.000$/100.000$ daily volume man. What are you talking about FAT? You wanna compete with ETH, Stratis, waves, lisk, komodo, ubiq, RVN and god knows how many more? With your 2 markets and 50k volume? Can we get back to earth plz?

You need to suit up and start selling to exchanges because i can also write an email to binance knowing beforehand no one will probably read it. Same goes for you. MANUP SUITUP and go to them PHYSICALLY, make appointment and fucking SELL YOUR MOTHER! Thats the attitude im expecting from a company. You are not decentralized platform like RVN you have a CEO. So act like a fucking CEO then dammit!

[bitChipper]

There is like what, 73000 factoids created every month? How you gonna sell them without crashing the market if you only have two major exchanges listing it? You can build a blockchain service but cant provide liquidity? It just blows my mind really.

Dude they are not worried about liquidity right now, these ANO that are getting a portion of the 73k factom are not just market selling everything. Maybe some to cover cost of running the node but they are saving the rest.

If a big client comes along and wants to make a bunch of entries then they don't need to hold factoids, thats the best part of the two token system.

It blows my mind that you think the developers should be working on liquidity rather than the product.

[Kartaba]

There is like what, 73000 factoids created every month? How you gonna sell them without crashing the market if you only have two major exchanges listing it? You can build a blockchain service but cant provide liquidity? It just blows my mind really.

Dude they are not worried about liquidity right now, these ANO that are getting a portion of the 73k factom are not just market selling everything. Maybe some to cover cost of running the node but they are saving the rest.

If a big client comes along and wants to make a bunch of entries then they don't need to hold factoids, thats the best part of the two token system.

It blows my mind that you think the developers should be working on liquidity rather than the product.

The " we are working on platform" card is long due, dude. That was nice first 2-3 years. Not after 5 years. "IF" a big client comes along? You listen to yourself? Factom was allegedly working with these so called BIG corporations for years. Where are they now then? They used factom as a testnet and now they are all looking to build their own chains using JPM's quorum. That is whats up now.
I guess you are ok with this and that is fine.

[TheLoser]

Someone can advise me whether to invest in factom or not , those reviews that I read above, give me reason to doubt .

[David Chapman]

YOU HAVE 50.000$/100.000$ daily volume man. What are you talking about FAT? You wanna compete with ETH, Stratis, waves, lisk, komodo, ubiq, RVN and god knows how many more? With your 2 markets and 50k volume? Can we get back to earth plz?

You need to suit up and start selling to exchanges because i can also write an email to binance knowing beforehand no one will probably read it. Same goes for you. MANUP SUITUP and go to them PHYSICALLY, make appointment and fucking SELL YOUR MOTHER! Thats the attitude im expecting from a company. You are not decentralized platform like RVN you have a CEO. So act like a fucking CEO then dammit!

1.  The Factom Protocol Exchange Committee is actively working on listings with additional exchanges.

2.  The Factom Protocol IS a decentralized platform.  In fact, in my opinion, it is one of the most decentralized blockchain projects in existence.  Governance, infrastructure, and development are largely decentralized.  There is not a single CEO or entity in charge.  That's why we have an Exchange Committee working to get listed on exchanges; there isn't a single person or entity that can represent the protocol. 

[David Chapman]

Someone can advise me whether to invest in factom or not , those reviews that I read above, give me reason to doubt .

Nobody here can or should advise you on that.  It's your own educated decision to make.  What we are happy to do is answer any questions you have about the Factom Protocol so that you can be more informed about its function and utility.

[aceNOThardware]

YOU HAVE 50.000$/100.000$ daily volume man. What are you talking about FAT? You wanna compete with ETH, Stratis, waves, lisk, komodo, ubiq, RVN and god knows how many more? With your 2 markets and 50k volume? Can we get back to earth plz?

You need to suit up and start selling to exchanges because i can also write an email to binance knowing beforehand no one will probably read it. Same goes for you. MANUP SUITUP and go to them PHYSICALLY, make appointment and fucking SELL YOUR MOTHER! Thats the attitude im expecting from a company. You are not decentralized platform like RVN you have a CEO. So act like a fucking CEO then dammit!

1.  The Factom Protocol Exchange Committee is actively working on listings with additional exchanges.

2.  The Factom Protocol IS a decentralized platform.  In fact, in my opinion, it is one of the most decentralized blockchain projects in existence.  Governance, infrastructure, and development are largely decentralized.  There is not a single CEO or entity in charge.  That's why we have an Exchange Committee working to get listed on exchanges; there isn't a single person or entity that can represent the protocol. 

There is LITERALLY a CEO on their website: https://www.factom.com/company/team/

The project has strong partnerships and collaborators, but daily volume looks bad...

[David Chapman]

YOU HAVE 50.000$/100.000$ daily volume man. What are you talking about FAT? You wanna compete with ETH, Stratis, waves, lisk, komodo, ubiq, RVN and god knows how many more? With your 2 markets and 50k volume? Can we get back to earth plz?

You need to suit up and start selling to exchanges because i can also write an email to binance knowing beforehand no one will probably read it. Same goes for you. MANUP SUITUP and go to them PHYSICALLY, make appointment and fucking SELL YOUR MOTHER! Thats the attitude im expecting from a company. You are not decentralized platform like RVN you have a CEO. So act like a fucking CEO then dammit!

1.  The Factom Protocol Exchange Committee is actively working on listings with additional exchanges.

2.  The Factom Protocol IS a decentralized platform.  In fact, in my opinion, it is one of the most decentralized blockchain projects in existence.  Governance, infrastructure, and development are largely decentralized.  There is not a single CEO or entity in charge.  That's why we have an Exchange Committee working to get listed on exchanges; there isn't a single person or entity that can represent the protocol.  

There is LITERALLY a CEO on their website: https://www.factom.com/company/team/

The project has strong partnerships and collaborators, but daily volume looks bad...

I understand your confusion.  The Factom Protocol is far more sophisticated and further along than most realize.  The official website of the Factom Protocol is FactomProtocol.org.  What you're looking at is the website of Factom Inc.  Factom Inc was the original creator of the Factom Protocol.  Then, in April of 2018 "Milestone 3" hit where they had developed the protocol enough where it could then be decentralized.  Factom Inc GAVE UP CONTROL of the protocol and are now nothing more than one of the 25 "Authority Node Operators" or "ANOs" for short.  There will eventually be 65+ ANOs and they are the international coalition of companies that provide the infrastructure that decentralizes the protocol.  You can see a list of the current ANOs here which you'll see Factom Inc as one of.  Most people know the crypto hedge fund Multicoin Capital which is also an ANO.

ANOs provide the infrastructure that decentralizes the protocol but governance and development of the protocol are ALSO decentralized.  You can read more about governance here and see the Core developers here.

There is no central person or entity in charge of the protocol.  All decisions that affect the protocol are made by consensus.  Each company that works on the protocol can obviously run their company internally as they see fit.

[ProfTP]

Finally Factom has arrived in the ALT Seasson.

It will get lots of love and more and more people will join.


This alt bear market is over and only a selected few project are going to thrive in this bull market

Factom ius one of them.

[Factom Protocol]

A new video that talks about Factom Protocol Governance has been released:

[Factom Protocol]

Paul Bernier of the Authority Node Operator Luciap released joi-factom which is a convenient tool to make the development of Factom applications easier for JavaScript developers. It extends Joi, a popular JS object schema validation library, to add the ability to validate common Factom identifiers: Factoid addresses, Entry Credit addresses, and digital identity keys. One use case is to ensure that the user input of your program is valid.

[muleroaa]

Its been 5 years now. Your incompetence for not providing more liquidity across dozens of exchanges, multiple different pairs, multiple fiat gateways has killed the marketcap and volume.

Thank you very much also for the F rating on Coinmarketcap. That and providing no liquidity will probably do it.

Some more liquidity would be nice. Where do you get this F rating from on Coinmarketcap?

See here
https://coinmarketcap.com/currencies/factom/#ratings

Although, there are some shitcoins with grade A or B so I wouldn't read much into it

Thanks, never noticed this. Do you know if it has been on Coinmarketcap for a while?

But indeed, can't take it too serious if Factom gets rated F and some random shitcoins get an A or a B.

[Factom Protocol]

Triall, the company performing the first planned Initial Token Offering on Factom has been awarded Seal of Excellence by the European Commission.

[Factom Protocol]

The Factom Protocol Newsletter for April 1st, 2019 is out.

Please share this tweet if you're on twitter.

[Ferdo]

Its been 5 years now. Your incompetence for not providing more liquidity across dozens of exchanges, multiple different pairs, multiple fiat gateways has killed the marketcap and volume.

Thank you very much also for the F rating on Coinmarketcap. That and providing no liquidity will probably do it.

Some more liquidity would be nice. Where do you get this F rating from on Coinmarketcap?

See here
https://coinmarketcap.com/currencies/factom/#ratings

Although, there are some shitcoins with grade A or B so I wouldn't read much into it

Thanks, never noticed this. Do you know if it has been on Coinmarketcap for a while?

But indeed, can't take it too serious if Factom gets rated F and some random shitcoins get an A or a B.

Not more than few months if I'm not mistaken

[klarki]

FACTOM is listed at and available for trading.

FCT/BTC: https://www.livecoin.net/en/trade/index?currencyPair=FCT%2FBTC
FCT/ETH: https://www.livecoin.net/en/trade/index?currencyPair=FCT%2FETH