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Topic: [FCT] Factom - A General Purpose Data Protocol and Tokenization Platform (Read 24400 times)

jr. member
Activity: 160
Merit: 4

Factom becomes Accumulate
"Convert existing Factoids to ACME tokens at a 5 ACME to 1 FCT ratio,
meaning 50M ACME tokens will be available after all FCT is converted."
-
Which means a devaluation of existing FCT by 90%, while printing themselves 150M just like that.



I guess "fool me once..."! rule should be applied  Grin
Accumulate more money for that No 1 bullshitter bastard Paul Snow.
Where is that pot bellied fat bastard.
sr. member
Activity: 2632
Merit: 328

Factom becomes Accumulate
"Convert existing Factoids to ACME tokens at a 5 ACME to 1 FCT ratio,
meaning 50M ACME tokens will be available after all FCT is converted."
-
Which means a devaluation of existing FCT by 90%, while printing themselves 150M just like that.



I guess "fool me once..."! rule should be applied  Grin
legendary
Activity: 2898
Merit: 1017

Factom becomes Accumulate
"Convert existing Factoids to ACME tokens at a 5 ACME to 1 FCT ratio,
meaning 50M ACME tokens will be available after all FCT is converted."
-
Which means a devaluation of existing FCT by 90%, while printing themselves 150M just like that.

sr. member
Activity: 2632
Merit: 328
Hello,

Does anybody know,if you still have factoids,that you can still use or transfer them later on.
Or do you have to do something with them?

Example i buy factoids(FCT) transfer them to the enterprise wallet,can i switch them later on to WFCT or to the Accumulate Network?
Where can you store WFCT(also in enterprise wallet?)

Or are factoids(FCT)just useless?
Would it possible to acquire ACME(accumulate network)with factoids later on?
Thank you very much.

greetings



You're confused, and totally missed point of this thread
newbie
Activity: 33
Merit: 0
Hello,

Does anybody know,if you still have factoids,that you can still use or transfer them later on.
Or do you have to do something with them?

Example i buy factoids(FCT) transfer them to the enterprise wallet,can i switch them later on to WFCT or to the Accumulate Network?
Where can you store WFCT(also in enterprise wallet?)

Or are factoids(FCT)just useless?
Would it possible to acquire ACME(accumulate network)with factoids later on?
Thank you very much.

greetings
jr. member
Activity: 160
Merit: 4
The website is up at https://www.factomprotocol.org/ so I don't think the project is dead, though it went through some very hard times.

I thought so too, but regarding their development progress, marketing actions, connection to community etc. the project can be clearly declared as dead.

Neither the developers
Nor the Marketing Team
Nor the Product Manager
Nor the Social Media Team
Nor anyone at all is giving their investors / the space any information or update or hope.


To me this has been one of the worst dissapointments of all dead investments since they claimed so big to be working / partnered with a government.


It's just sad

Position 723 on CoinGeko. What happened to you Factom?  Where is that fat bastard Paul Snow?
sr. member
Activity: 1181
Merit: 259
Yea it could be dead, glad I sold my bags months ago, but that is why I invest in many different crypto projects, as some boom, but most will eventually bust.
newbie
Activity: 13
Merit: 1
The website is up at https://www.factomprotocol.org/ so I don't think the project is dead, though it went through some very hard times.

I thought so too, but regarding their development progress, marketing actions, connection to community etc. the project can be clearly declared as dead.

Neither the developers
Nor the Marketing Team
Nor the Product Manager
Nor the Social Media Team
Nor anyone at all is giving their investors / the space any information or update or hope.


To me this has been one of the worst dissapointments of all dead investments since they claimed so big to be working / partnered with a government.


It's just sad
sr. member
Activity: 1181
Merit: 259
The website is up at https://www.factomprotocol.org/ so I don't think the project is dead, though it went through some very hard times.
newbie
Activity: 13
Merit: 1
This is the most recent Tweet from Factom: February 27th 2021
https://twitter.com/FactomProtocol/status/1365780398345715713

Quote from Twitter post:
"
@FactomProtocol
 is pleased to announce it's first ever Director, Niels Klomp.

The position will spur renewed direction and vision at #Factom, whilst supported by an elected council Chart with upwards trend

Welcome
@niels_klomp
! $FCT

"


And there was an article November 2020
https://getblock.io/blog/about-factom


I also thought / think?! it's dead, I am more uncertain than ever
sr. member
Activity: 2632
Merit: 328
Interesting...I remember this was one of the most hyped coins with "real use case" and supposedly
real customers...can't believe it was all scam  Huh
newbie
Activity: 2
Merit: 0
Im not new in crypto but i never used this website. This thread has only 15 pages so yes i think that is also a good way to see if its popular right? Some have thousand pages hmmm

I went to the older factom thread and read about it there. I also thought this project was working with big corporations and i remember something about homeland security.

But now i think i see that the main project went bankrupt or something? And this is like a factom 2.0. Nevermind i spend too much time reading about factom. As you said Karteba there are over 7500 coins. And if it takes two days to readup on a coin then after i researched all of them it would take me 15000 days minimum. I would be dead before i could read all of them

Looking at most of the frustrations here i should not waste anymore time understanding this project. Thank you guys, really
jr. member
Activity: 160
Merit: 4
Is this still alive? I see only people outside us can buy it on bittrex. Why isnt this on binance or krakenfx or something? I hear this project is 5 years old.
Is it good?

It is still alive, as alive as a Zombie, the walking dead.. A Zombie has more life in it than Factom   Cheesy
jr. member
Activity: 160
Merit: 4
Is this still alive? I see only people outside us can buy it on bittrex. Why isnt this on binance or krakenfx or something? I hear this project is 5 years old.
Is it good?

As one of the people who have been involved with factom from the start. I strongly advise you to stick with bitcoin. And if you really want to take your chances with altcoins look for coins in the top 100 of coinmarketcap because no one in their right mind will look at a 500+ place altcoin and think oh well this looks promising.
This is not 2015 anymore there are now over 7500 altcoins.
This thread is new. Look at the old thread of factom if its still there. You will see for yourself how incredibly incompetent these people are. Also the lies these people spread about working together with "quote 500" companies which they couldnt disclose because of their so called NDA (non disclosure agreement).
And in 2019 they had an AMA (which you can also find on the internet) saying that they will disclose who they are working with. To this day they haven't been transparent with anything at all. They cant prove they worked with anyone at all!! hahahahaa

As for having lack of exchanges. These people had a what they called an "exchange committee". Im not kidding. They had iirc 4 people or more in this committee who were responsible for getting factom on differentr exchanges FOR YEARS. Which ofcourse all was paid by us the investors. We literally begged this guy to listen but he is so incompetent its amazing.

Imagine standing in front of a group of people saying "factom doesn't do anything". Yes these words came out of Paul's mouth during one of these crypto conventions.

Look you are new here. Get away from this scam. Go to coins that have an actual community. This shitcoin has no more community. Everyone with half a brain left this shitcoin long time ago. Goodluck mate




I remember the mantra about a contract with the government regarding some shit about ' Home Border Security'  yeah right.. thank god i got out of factom when i did and thank god that i bought my btc when i did.. waiting now for factom to go to $0.001 so I can buy the dip.
sr. member
Activity: 276
Merit: 250
Is this still alive? I see only people outside us can buy it on bittrex. Why isnt this on binance or krakenfx or something? I hear this project is 5 years old.
Is it good?

As one of the people who have been involved with factom from the start. I strongly advise you to stick with bitcoin. And if you really want to take your chances with altcoins look for coins in the top 100 of coinmarketcap because no one in their right mind will look at a 500+ place altcoin and think oh well this looks promising.
This is not 2015 anymore there are now over 7500 altcoins.
This thread is new. Look at the old thread of factom if its still there. You will see for yourself how incredibly incompetent these people are. Also the lies these people spread about working together with "quote 500" companies which they couldnt disclose because of their so called NDA (non disclosure agreement).
And in 2019 they had an AMA (which you can also find on the internet) saying that they will disclose who they are working with. To this day they haven't been transparent with anything at all. They cant prove they worked with anyone at all!! hahahahaa

As for having lack of exchanges. These people had a what they called an "exchange committee". Im not kidding. They had iirc 4 people or more in this committee who were responsible for getting factom on differentr exchanges FOR YEARS. Which ofcourse all was paid by us the investors. We literally begged this guy to listen but he is so incompetent its amazing.

Imagine standing in front of a group of people saying "factom doesn't do anything". Yes these words came out of Paul's mouth during one of these crypto conventions.

Look you are new here. Get away from this scam. Go to coins that have an actual community. This shitcoin has no more community. Everyone with half a brain left this shitcoin long time ago. Goodluck mate


member
Activity: 323
Merit: 19
Under $1.00 ..how pathetic is that..where is that wanker Paul Snow

He's been active on discord so you can share your troubles there

You cant you get banned

No true
newbie
Activity: 2
Merit: 0
Is this still alive? I see only people outside us can buy it on bittrex. Why isnt this on binance or krakenfx or something? I hear this project is 5 years old.
Is it good?
sr. member
Activity: 276
Merit: 250
If burning factom to the ground was not enough for Paul. The fat fuck is now trying to scam people off their Ethereums ROFL
Incredible  Grin Grin

sr. member
Activity: 276
Merit: 250
Under $1.00 ..how pathetic is that..where is that wanker Paul Snow

He's been active on discord so you can share your troubles there

You cant you get banned
member
Activity: 323
Merit: 19
Under $1.00 ..how pathetic is that..where is that wanker Paul Snow

He's been active on discord so you can share your troubles there
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