Post
Topic
Board Announcements (Altcoins)
Re: [SOFTWARE SALE LIVE] FACTOM - Introducing Honesty to Record-Keeping
by
coinking
on 30/04/2015, 16:38:07 UTC
I like this project and I bought some Factoids.  I'd like to buy more but I'm concerned that the Factoid price will tank as soon as they hit the market in May.  Most (all?) other crowdsale coins have followed a similar pattern.  Any thoughts on this?

Also, will Factoids be stored on the BTC blockchain like XCP?  Will a wallet be released for them by the time they are issued?

4,000,000 Factoids have been sold so far, you need to also consider how many there will be in circulation and how many converted to Entry Credits thus used.
Factoids use is to be converted to entry credits to allow access to Factom, that is their main value, people may trade, if it goes up or down is out of our control.

As per the wallet, work is in progress to implement Factom's own solution, we'll release news and updates as we go along.
We have had interest in supporting Factoids from exchanges and are open to allow as many options as possible, make it easy to use them.

Thanks for the questions.



 

Which exchanges will host Factoids?