Post
Topic
Board Announcements (Altcoins)
Re: [FCT] The Factom Protocol (Since 2014)
by
David Chapman
on 27/03/2019, 18:37:27 UTC
YOU HAVE 50.000$/100.000$ daily volume man. What are you talking about FAT? You wanna compete with ETH, Stratis, waves, lisk, komodo, ubiq, RVN and god knows how many more? With your 2 markets and 50k volume? Can we get back to earth plz?

You need to suit up and start selling to exchanges because i can also write an email to binance knowing beforehand no one will probably read it. Same goes for you. MANUP SUITUP and go to them PHYSICALLY, make appointment and fucking SELL YOUR MOTHER! Thats the attitude im expecting from a company. You are not decentralized platform like RVN you have a CEO. So act like a fucking CEO then dammit!

1.  The Factom Protocol Exchange Committee is actively working on listings with additional exchanges.

2.  The Factom Protocol IS a decentralized platform.  In fact, in my opinion, it is one of the most decentralized blockchain projects in existence.  Governance, infrastructure, and development are largely decentralized.  There is not a single CEO or entity in charge.  That's why we have an Exchange Committee working to get listed on exchanges; there isn't a single person or entity that can represent the protocol.  

There is LITERALLY a CEO on their website: https://www.factom.com/company/team/

The project has strong partnerships and collaborators, but daily volume looks bad...

I understand your confusion.  The Factom Protocol is far more sophisticated and further along than most realize.  The official website of the Factom Protocol is FactomProtocol.org.  What you're looking at is the website of Factom Inc.  Factom Inc was the original creator of the Factom Protocol.  Then, in April of 2018 "Milestone 3" hit where they had developed the protocol enough where it could then be decentralized.  Factom Inc GAVE UP CONTROL of the protocol and are now nothing more than one of the 25 "Authority Node Operators" or "ANOs" for short.  There will eventually be 65+ ANOs and they are the international coalition of companies that provide the infrastructure that decentralizes the protocol.  You can see a list of the current ANOs here which you'll see Factom Inc as one of.  Most people know the crypto hedge fund Multicoin Capital which is also an ANO.

ANOs provide the infrastructure that decentralizes the protocol but governance and development of the protocol are ALSO decentralized.  You can read more about governance here and see the Core developers here.

There is no central person or entity in charge of the protocol.  All decisions that affect the protocol are made by consensus.  Each company that works on the protocol can obviously run their company internally as they see fit.