So Koinify is simply a non-transparent centralized service that does not use blockchain technology to record the "vouchers" it marks in its database in exchange for BTC?
Not sure what you mean by non-transparent though. It was a crowdfunding platform.
Transparency is when you record something on a blockchain so everyone can verify that you've done what you say you've done. Non-transparency is when you record something in your own internal database and expect everyone to trust you.
For Factom everything was recorded on the blockchain using Op_return so I guess that fits your transparent definition.
Koinify has recorded each investor's Factom balance on the BTC blockchain? Can you show me an example? I'm still puzzled as to why they didn't just issue Counterparty tokens.
Here is all the info you need:
http://explorer.chain.com/addresses/35gLt5EgB367enjSjyEDahhWWcy6p1MGf6#!address-getWe didn't choose to do an XCP or Omni asset because there was no need. Factoids will have their own wallet.
Is a Factom balance visible at that address in the explorer? I can't find it.
MaidSafe coins will have their own wallet too but they issued an Omni asset so investors could trade before the MaidSafe wallet and network are finalized.
What is the issue here? When the wallet is live people will be able to import their Factoids.
Not sure why you are claiming we should have chosen a third party token? And why you think people is so in a rush to trade them.
You are possibly one of the few that has had any concerns regarding that.
It's not our priority to have Factoids being tradable, remember they are a token that gives you access to our software.
That is the main purpose of Factoids, to allow people to hash entries on the blockchain.
That said we will make sure to have them available on as many exchanges as possible to make it easy for people to buy and sell.
Trading will happen for people that wishes to do so once we are ready with the wallet which is not too far away.
Factoids are not a pump and dump coin, things should grow organically, got to give it time.
There are other things we are working on but rest assured having a wallet is our first milestone and are working hard to make that happen.