I still think we need something more tangible to justify factoid prices - as Grossbit suggested - company X will need to buy Z amount of factoids per month - for it to really hold its gains.
I'm curiouswhich Alts do you see living up this this criterion of current economic viability? Or did I misread you?
IMO this is more a criterion for established, public market companies, and even those have P/E ratios, sometimes in the dozens or 100+.
Factom is one of the only crypto projects currently selling a real service, and as most people on this sub are aware, the rate of adoption is significant:
https://docs.google.com/spreadsheets/d/1RUZLxxoAfT3C5jIJ144DLYdztYe_sqrKqbTlZuD05-s/edit?pref=2&pli=1#gid=445871101