Dear Factom supporters,
We haven't posted here in a while as this thread has become a den for speculators, fudsters, and people who care more about making a profit with FCT rather than talk about Factom and what we are trying to do.
However we just want to make sure you guys know Factom Inc. is a well funded company, we have enough money to go on for a long while, and our team is growing at a steady pace.
We also want to make sure you are aware the company is not engaged in market making/trading in any way, shape or form. This is not what we do, we build software.
One piece of advice we want to give is do not risk money you are not ready to lose. Make your own judgement and do not listen to ANYONE on this thread, the promoters or otherwise.
Do not base your judgement on anything you read positive or negative on this thread nor anything else that doesn't come from our official channels and from Factom itself.
FCT are needed to make entries into Factom once they are converted and burned in the process. That is their main function, anything else is speculation.
From our side we are trying to do our best to make Factom known to every company we deem could use a system for honest record keeping, identity, and so on.
That's what we are concentrating on in terms of marketing and business development.
We will never invest any resource in promoting FCT on its own nor we will spend much time to post on this thread either. We like to leave the discussion to the community.
Our Brian Deery and Paul Snow, who are incredibly busy, occasionally post here (bless them) if someone has a technical questions or queries related to the network and software.
Milestone 2 (M2) also known as "Factom Federation" is being worked on every day by our developers and tested by our QA team. We will not release it until stable enough for the community to try out and take it from there.
A reminder of our official channels below, we encourage you to follow, like and subscibe: