Quote from: Shiroslullaby on November 05, 2016, 09:14:25 PM

Quote from: D-Lux on November 05, 2016, 08:07:42 PM

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

Where are the figures in this document from?

If you want the indepth information you can look up the op_returns on http://coinsecrets.org/ but this google doc is easier to read/sort versus the raw data; and its updated almost daily.

Much of the crypto market and many posters on this forum really are discounting the usage growth taking place so far. almost 5 million entries put onto the protocol since launch last year while in alpha capacity; thats approximately .05% of the total tokens currently issued or .1% of those that are trading. As most of you have seen the more recent usage additions have been putting on entries at a faster rate than prior POCs; almost 200k entries for Top100CC in 15 days. If this trend continues or accelerates after M2 we can start to see multiple new usage users putting on a million entries in less than a month. In that scenario we will see more than 1% of the float being consumed before the protocol transitions to M3 and starts inflation requiring about 7.3 million worth of entries per month to consume newly issued tokens.

I know the FUD crew have been citing factoids do not warrant its current price or any higher price in the future since the usage is low but these assumptions disregard any growth or market traction into 2017. Given the backing Factom has received from the United States goverment and high name venture capitalists why would the assumptions of outright failure or lackluster growth be the main focus? Unless of course you are looking to load the boat at the cheapest price possible Wink