Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping
by
Freckleg
on 18/10/2016, 07:52:28 UTC
Lol i thought lets visit this after months and people still talking about M2.

People their like how many months behind 7>8


As long it is within this year, no issues there. Factom team, can we get confirmation about M2 being launched in 2016? I think that would fair from your side.

They dont care about factoid price thats the only reason why i sold already.
They will earn the same on their business they lead.

For them atm it doesnt matter if Factoids are $0,1 or 4.

No thank god for that. They are only successful if Factom is used. And if Factom is used a lot, it needs tons of ECs. I much rather invest in a protocol that is build by a company focused on use than only on the value of a token. Use equals value. That is exactly what makes factom great.

Not true what if they sell a mortgage contract for 250 dollar but only use 4 entry credits rest is company profit

Uhhh Ok didn't see that one coming. It is a protocol, to be used by everyone. There a billions of mortgages in the world and the are revised or updated regularly. Even with 4 ECs used for solely this purpose factom and factoids are quite interesting. If Factom makes 250 euro a mortgage contract I will be the fist to launch a competing service on the same protocol for less. Still using (a lot of) ECs though. Now imagine every single use case (outside of a mortgage contract) which has some sort of administration/trust in the process.... it's uses eclipse bitcoin and almost all alt coins combined.