My impression is that you are not informed. I mean, what does it mean to "know" the team? Nobody knows them personal. But that's true for all Dev-teams in Crypto. Does anybody know Vitalik Buterin besides his videos and posts? Nobody knows who Satoshi is (Craig Wright showed up again just btw). But you can figure out how they act and are. Just watch all videos with Paul Snow, Brian Deery, Tiana Laurence, Peter Kirby etc. Read what they write. You won't find dishonesty or a lack of professionalism or a lack of abilities. They are professionals and they have ethics. Much more than most of us. I really focus on that and I digged deep. And I've never seen such a combination of professionalism, skills, hard work, expertise and honesty. There are other great teams in this market. But Factom is by far the best I know of. I would like to spread the normal risk a little bit more, but until now I didn't find something that is on the same level.
And the question if they will make you money - I don't understand that attitude. They don't work for making money for us, they work for themselves. And there is no need for making friendships here. It would be enough if Investors and Traders and Speculators would be a little bit more professional. And the better they, Factom, do their job the more you and I will benefit from the value they are creating while we as speculators are a side-effect of the decentralized system but without adding real value to it. Without any real work we have a lot of chances here.
And just to prevent your theories about me: I really think this way and that's the reason why I write this way.
I'll just quote this because I disagree with the majority of your post and I think you dance around every question I had as well as make wrong assumptions and you write too much. For me to reply to everything you said would take an hour at least and I would only do that if it were good stuff.
That being said I want to know the team since I want to know if they will improve and what they will do in the future. As a shareholder in Factom INC this would be a normal question to be answered but as a currency holder it's not. Which is really terrible because the price of FCTs in the future relies heavily on their ability to sell entries.
Anyway, stop giving me this bullshit over "they don't work for you" or whatever since they kinda do in a way and in a way many of us work for them. And yeah I'm an investor, if you just like the technology and don't like money then why have you invested? Huge hypocrite man.
Unlike you I'm not scared to say I am in it for the money because I still have my balls attached. Seems you forgot how it goes, investors put money into a project so they can fulfill their goals and in return hope that their investment grows. When you've given somebody money and they say they don't care about the price that's disrespectful period. I like the technology behind FCT but the structure of Factom INC is problematic since I have to believe in them to sell entries and not knowing their abilities is a huge problem for me.
Pretty much everything about this project has to be so damn difficult from our side and it pisses me off because it is done intentionally. And yeah we investors are still worth something here since Factom holds a lot of FCT.
So let's reiterate how things are for FCT investors and potential FCT investors.
Lack of transparency over entries making projections impossible
Lack of transparency over Factoms FCT holdings and future sales or previous sales making factoring in dilution impossible
Lack of transparency over how Factom INC and FCT work together
No user friendly wallet causing a systemic risk to FCTs since a lot is held on exchanges
No viable blockchain explorer nor rich lists
And you're going to tell me it's fair investors are going to first of all invest their time which is maybe 10 hours of reading? And learning FCTs economic system?
Are you going to debate me on every single one of those points like nothing can be better and no wrong can be done by Factom or can you just agree they need to give investors some serious clarifications?