Question: What's the upside potential of Factom?

Quote from: accripteau on August 25, 2016, 06:39:40 PM

So let's speculate 1 billion entries per month...

i = monthly inflation, 73k FCT
r = FCT to EC conversion rate, $0.001
e = new entries needed per month, 1 billion

(e*r)/i = $13.70 per Factoid...

After M3, at 1 billion new entries per month, factoids need to be priced at least at $13.70 to prevent deflation. Of course people speculating on future use will hodl and add to deflationary pressure.

Quote from: tempus on August 26, 2016, 09:30:46 PM

The main-factor will be the demand of Entry Credits. And besides an increasing attention that already happens and will continue, the market will react on all signs for a high demand in the future. And there are already some indications for that. More between the line, but still... David Johnston said in the interview that potential customers ask if Factom could handle a billion entries per day. And his intention was to explain Factom. I doubt that his intention was to hype the market, otherwise he would use a megaphone. But why should they (potential Customers) ask that?

At a billion per day instead of per month, we get 30 * $ 13.70 = $411.00 per Factoid...

Think that's unrealistic? Meet The CAT.

https://www.sec.gov/news/statement/stein-statement-open-meeting-cat-042716.html

http://www.pwc.com/us/en/financial-services/regulatory-services/publications/assets/sec-consolidated-audit-trail-2016.pdf

http://www.debevoise.com/~/media/files/insights/publications/2016/05/20160517b_the_sec_propose_%20the_cat_plan_but_at_what_cost.pdf

"The CAT Plan may become the most robust and complicated financial database in the world."

"CAT Reporters will be burdened for at least two-and-a-half years with both their existing $1.6 billion annual reporting costs and the $1.7 billion annual costs of reporting to the CAT, according to initial estimates by the SEC. The CAT will also carry a one-time implementation cost estimated at $2.4 billion."

Note that Factom M3 inflation is right at 2400 Factoids per day. If $411 per factoid will support a billion entries per day, the daily Factoid hashing and data storage costs for a billion entries are 2400*411 = $986K per day or $360M per year - only 20% of the estimated CAT annual reporting costs.

SEC Consolidated Audit Trail (CAT) needs Factom.

CAT+Factom = $ Huh

per Factom...