RE: SEVERAL REASONS FOR FACTOMS RISE

You are viewing a single comment's thread from:

SEVERAL REASONS FOR FACTOMS RISE

in factom •  8 years ago 

Nice, but a word of caution: Factom the company is separate from Factom the cryptocurrency (Factoids.) There certainly is a relationship between the growth of Factom the company and the value of Factoids, but it's indirect: Factom's success will lead to more Entry Credits purchased & used which in turn will lead to more Factoms burned and the supply lessened. This indirectness means it's not wise to directly compare the implied value of Factoid-the-company and the market cap of Factoids.

But #2 and #4 - especially #4! - hit the nail right on the head! Thanks for the article.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!