Factom will die ?

in cryptocurrency •  5 years ago 

Factom, One Of The First ICO Companies, Is Getting Liquidated.

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Factom (FCT) announced on March 31 that they will begin liquidating assets in order to partially pay off creditors. This appears to be the end of one of the first initial coin offerings (ICO) companies.

Factom Protocol, which raised $140,000 in bitcoin (BTC) through the sale of "factoid" tokens, said on March 31 it had begun the process of dissolution, according to a London Stock Exchange announcement from largest backer FastForward on Thursday.

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FCT Markets

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Nothing interesting here really.


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Jeez, alright. I thought they were doing good stuff with PegNet. But I guess that is what they are going to focus on now? And had nothing at all to do with the FCT token?

Few years ago,it was "hot" coin on Poloniex...