[ANN] FACTOM - Introducing Honesty to Record-Keeping

[crazyivan]

This is big! https://www.reddit.com/r/factom/comments/5wy36z/factom_launches_revolutionary_blockchain_mortgage/

BrianDeery
This is a use case we have been imagining since well before the network launched. This video is a hypothetical from 2014. We are converting this from hypothetical to reality.

https://www.youtube.com/watch?v=f-aFyep2R9I

Factom makes an excellent document management system, and mortgages are full of big record-keeping problems.

That s nice. Let s see how Factom marketing s going to work this time. Unless there s someone here who thinks this is not the news to share on every possible marketing channel.

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[sluppy]

Factom s definitely pick number 1 on the market. The problem is the market does not know that cause the team does not know how to promote it. Unless the goal is not to promote its services to keep the price low. In that case, most of here re in the wrong market.

I recall you saying you're a seasoned crypto veteran, but you consistently act like you're completely new to the scene or just over-invested. People complained similarly about a lack of Ethereum PR just over one year ago. Back when /r/ethtrader had maybe 400 subs. I think their marketing was in the hands of some girl called Linda. No, it wasn't great, but look at where they're at now? Apparently, they didn't NEED the exposure and PR. They were far from a finished product back then. They still aren't.

Yes, yes, I ve heard that story before, not finished product, big stuff ahead, bright future, no need for marketing, it ll sell itself.

You know how many coin forum threads here on this forum contained those words and posts. Almost EVERY SINGLE ONE. Let me just name a few, Hyperstake! TEK coin. Then Solarcoin. Then Clam. NEM also. I could go on and on about the list of coins very even remember. Most of them are dead of about to die soon.

Why? Cause as in every other capitalist market, competition s very harsh and only the best ones survive. Also, every marketing expert will tell you a successful startup needs to invest as much as 50% of their revenues into marketing to keep the business afloat.

If you do take an average crypto portal, let say coindesk, look at their home page.

Out of 10 articles I see, 3 are about Etherum

http://www.coindesk.com/disruption-not-included-ethereum-alliance-spotlights-blockchains-startup-shift/

http://www.coindesk.com/vitalik-buterin-calls-collaboration-enterprise-ethereum-launch/

http://www.coindesk.com/big-corporates-unite-for-launch-of-enterprise-ethereum-alliance/

How many of them is about Factom? How many articles you can find about Factom published in the last MONTH? I dont think you can find 3 in the entire February.

This means all attention goes to Ether, it s not that hard to figure that out. It also means every new investor getting into crypto ll end up in Ether or Dash, 99%.

So where s Factom in this story? We can argue Factom does not target small investors and it does not target institutional investors but it targets companies.

How are companies going to learn about Factom? Magic ball? Pigeon mail? How?

So you tell me in what universe it does not pay for Factom to do some good old fashioned marketing? Not cause they should pump up the token price. Because marketing brings CUSTOMERS, brings COMPANIES. Unless you re gonna argue they have so many clients they dont know what to do with them. You can follow Factom burn rate to figure that one out.

I understand I m gonna be attacked by usual cave trolls again telling me to move into Ether or North Pole but you see, I m an early ICQ investor and I want as much return for my buck. The only way I see that happening is for the world to hear about Factom. Not you or me, who ve been into crypto for ages, but ORDINARY companies who might need Factom service. If there s some other way to spread the news to them about a great product, please do educate me, always willing to learn something new.

Shoot trolls.

No one cares, or should care, about topics selected by crypto news websites. Blockchain isn't very exciting, you know. It's boring. A a result, most SERIOUS blockchain companies will be boring, too. Factom isn't very exciting. In fact, ANY crypto project that tries to sound exciting, the best new thing since McDonalds, should be treated very cautiously indeed. Look at LISK. That's 50% marketing and 50% people being gullible fools. They have absolutely zero to offer on a technical level.

Secondly, Factom's approach is B2B. Not B2C. That's another reason why you won't see them very often. You're not a business. Out of all of the projects you listed as an example, this is actually one of the FEW projects that have good long-term prospects. Bill Gates, Tim Draper? Yeah. Word of mouth from these types of guys will be pretty effective, too.

I'm going to have to disagree with you there.
Factom is very far from boring look at the companys their working with and what they will do for accountability and clarity to that's about as exiting as it gets in crypto and to me it looks very sexy.
Ok the current Price might not reflect that but that just means its Cheap to buy more

[schnötzel]

The latest version of Factom is Version 0.4.0.2, released 21 Feb, 2017

https://github.com/FactomProject/distribution

Any improvements worth to share?

[CanaryInTheMine]

https://factom.statuspage.io

[poptop]

Deeper and deeper Congrats


http://rgho.st/8RtxxGNDT/thumb.png

[Elpadrinho]

Crooked FACTORN is the sloth of all coins! ETH gets some news and price goes through the roof.Dash gets a little news goes through the roof.Shitty MONERO goes on the "dark net" price goes 10 fold which normal people don't really use because it's just speculation that maybe later people that want to buy illegal shit will use XMR loll.FACTORN gets a bunch of good news with grants and the advanced development of M2 which i truly believe is a REAL milestone compared to the rest of ALTS and the price keeps going down the toilet.Explain this shit? MANIPULATION GALOR TO THE MAX! I hope people will realize that BTC is the only way to go in cryptoland and leave the crooked alts to the MAFIA WHALES!

[CanaryInTheMine]

Crooked FACTORN is the sloth of all coins! ETH gets some news and price goes through the roof.Dash gets a little news goes through the roof.Shitty MONERO goes on the "dark net" price goes 10 fold which normal people don't really use because it's just speculation that maybe later people that want to buy illegal shit will use XMR loll.FACTORN gets a bunch of good news with grants and the advanced development of M2 which i truly believe is a REAL milestone compared to the rest of ALTS and the price keeps going down the toilet.Explain this shit? MANIPULATION GALOR TO THE MAX! I hope people will realize that BTC is the only way to go in cryptoland and leave the crooked alts to the MAFIA WHALES!

I think that all the factoids sitting on polo are constantly loaned out and this provides for down pressure? I wonder what happens when ppl move their fct out?

[flashbit]

This is big! https://www.reddit.com/r/factom/comments/5wy36z/factom_launches_revolutionary_blockchain_mortgage/

BrianDeery
This is a use case we have been imagining since well before the network launched. This video is a hypothetical from 2014. We are converting this from hypothetical to reality.

https://www.youtube.com/watch?v=f-aFyep2R9I

Factom makes an excellent document management system, and mortgages are full of big record-keeping problems.

Here is their blog on this now.. hoping to see some PR now.

https://www.factom.com/blog/factom-harmony

[heaven]

Crooked FACTORN is the sloth of all coins! ETH gets some news and price goes through the roof.Dash gets a little news goes through the roof.Shitty MONERO goes on the "dark net" price goes 10 fold which normal people don't really use because it's just speculation that maybe later people that want to buy illegal shit will use XMR loll.FACTORN gets a bunch of good news with grants and the advanced development of M2 which i truly believe is a REAL milestone compared to the rest of ALTS and the price keeps going down the toilet.Explain this shit? MANIPULATION GALOR TO THE MAX! I hope people will realize that BTC is the only way to go in cryptoland and leave the crooked alts to the MAFIA WHALES!

What is more strange and probably the reason why FCT doesn't pump is that the total amount of coins hasn't changed in a long time.

How are whale suppose to accumulate before pumping? FCT price is in the hands of a few whales. No new whales are going to come and pump and baghold this coin.

[mfqrs3]

http://www.cryptoninjas.net/2017/03/02/factom-launches-blockchain-commercial-product-for-the-mortgage-industry/

Now shorts can go to mortgage

[crazyivan]

This is big! https://www.reddit.com/r/factom/comments/5wy36z/factom_launches_revolutionary_blockchain_mortgage/

BrianDeery
This is a use case we have been imagining since well before the network launched. This video is a hypothetical from 2014. We are converting this from hypothetical to reality.

https://www.youtube.com/watch?v=f-aFyep2R9I

Factom makes an excellent document management system, and mortgages are full of big record-keeping problems.

Here is their blog on this now.. hoping to see some PR now.

https://www.factom.com/blog/factom-harmony

+1

If they stop on blog only, I do not know what to say. Am I the only one here who sees discrepancy between an AWESOME product and the way it s being present to the public. Harmony s commercially oriented product, something they can sell outside for a lot of money and it requires Factom. How come there s no huge marketing campaign matching its arrival? Why? How?

[lolikop]

http://www.ibtimes.co.uk/how-blockchain-simplifying-us-mortgage-market-1609630

[Vidale]

This is big! https://www.reddit.com/r/factom/comments/5wy36z/factom_launches_revolutionary_blockchain_mortgage/

BrianDeery
This is a use case we have been imagining since well before the network launched. This video is a hypothetical from 2014. We are converting this from hypothetical to reality.

https://www.youtube.com/watch?v=f-aFyep2R9I

Factom makes an excellent document management system, and mortgages are full of big record-keeping problems.

Here is their blog on this now.. hoping to see some PR now.

https://www.factom.com/blog/factom-harmony

+1

If they stop on blog only, I do not know what to say. Am I the only one here who sees discrepancy between an AWESOME product and the way it s being present to the public. Harmony s commercially oriented product, something they can sell outside for a lot of money and it requires Factom. How come there s no huge marketing campaign matching its arrival? Why? How?

Again, what kind of world do you think this is? A huge marketing campaign? This isn't Coca Cola or Tesla releasing a hot electrics sports car. Factom is a boring-ass blockchain company that tries to do a few specific things.

I have some FCT. Not too much anymore. It's worth keeping for me because it's a contender for (mass) adoption. A huge public marketing campaign is gonna do jack shit. For this type of business they're much better off using sales reps.

[monarx911@i.ua]

someone buys I think we will soon fly to the moon

[poptop]

someone buys I think we will soon fly to the moon

Someone sells and sells and sells then lends and sells and sells ... and sells again. Then he repeats it again.

[monarx911@i.ua]

someone buys I think we will soon fly to the moon

Someone sells and sells and sells then lends and sells and sells ... and sells again. Then he repeats it again.

Yes but at the same time he's buying from the weak hands if you follow the coin should have been able to see it

[poptop]

Yes but at the same time he's buying from the weak hands if you follow the coin should have been able to see it

He buys for selling it again. When he'll finish nobody knows. He tries to make the price below 0.0023. What will be with the price when he's made it, is a good question.

[monarx911@i.ua]

why I say that we will soon fly to the moon, now get some, I think it can be the same as with dash

[poptop]

why I say that we will soon fly to the moon, now get some, I think it can be the same as with dash

Or the price could go below 0.002 btc and there will be panic selling.

[monarx911@i.ua]

I do not think that this is the coin where there may be panic selling