Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping

Quote from: Mrfrismint on December 06, 2016, 02:06:01 PM

Quote from: Mrfrismint on December 06, 2016, 10:46:58 AM

At least with a lower FCT price the burning process goes faster as the EC price stays the same.

1. Is there anyone who knows where you can check the amount of burned FCT's?

2. Also, Is there anyone who can explain exactly what m2 is all about and why he or she thinks this influences the price in a sustainable way (meaning: not a day or two a pump based on the news and then sell off again)

3. Furthermore: do we know how large the Gates grant actually was?

Bringing this up again. If anyone has some answers to these questions, happy to hear them.

1. Initial supply was 8,759,968.58633800 FCTs. Coinmarketcap.com states that the current supply is 8,753,219 FCTs.

2. Post on reddit from David Johnston: https://www.reddit.com/r/factom/comments/5bwpao/factom_federation_m2_testnet_discussion_thread/d9rtsaq/
Also exodus will integrate Factom in their wallet (http://woobull.com/exodus-wallet-roadmap-a-list-of-upcoming-asset-support/), which will lead to less supply on exchanges.

3. Factom stated that the Gates Foundation will make an announcement regarding the grant. I guess we'll just have to wait. You can also check http://www.gatesfoundation.org/How-We-Work/Quick-Links/Grants-Database# from time to time.