A few questions as I work to wrap my head around Factom and determine if I want to invest or not:
1. Why will 73,000 FCT be created each month? Why not 75,000 or 50,000? It seems to me that initially, there will be substantial inflation once the Federated servers go live and at some point, potentially substantial deflation. Why not just create as many FCT each month as are used to purchase Entry Credits to keep the number of FCT static?
2. As I understand it, Entry Credit holders will be able to vote for the Federated Servers. What is to stop me from purchasing a ton of Entry Credits not to use for Entries, but to use to vote my servers and the servers of my friends to Federated status. What's to stop me from, "Selling" my votes? Why not have a Darkcoin masternode system where anyone can run a Federated Server who puts up the necessary collateral and they are paid in turn. More decentralized and less prone to vote stuffing.
3. As I understand it, X Factoid were sold at the public offering, and Y Factoid are held by Factom Inc or its employees. Is this correct, and if so, does Factom Inc. hold those tokens or employees? And what rules are in place for those tokens? For example, is there a lockup period where they can't be sold and if so, what is the expiration date? Or are they actively being sold by employees for profit or the company to raise additional funds?
Thank you for your insight as I conduct my due diligence.