I shake my head on why this news article was ignored by everyone. Factom is one of the first ICOs created on 2014. This should be a lesson that some ICOs projects will also begin dissolution if they cannot find new sources of funding after the sales of tokens during ICO stage.
In any case, what are the ICO token projects that have the adequate funding for another 5 year roadmap?
Topic: [NEWS]Factom begins dissolution. Which development teams have adequate funds? (Read 105 times)
April 09, 2020, 11:30:10 PM
April 04, 2020, 09:49:16 PM
In this bear market, I reckon dump all your ICO tokens that have their development teams low on funding and invest on ICO tokens of fully funded developers hehehe.
@everyone. What are the ICO token projects that have adequate funding for a 5 year roadmap?
Blockchain firm Factom has begun the process of dissolution following its failure to solicit additional funding to address its dire financial situation, according to a key investor.
Established in 2014, Factom offers data provenance and integrity solutions built on a trustless layer on top of the Bitcoin blockchain. As one of the first projects to conduct a token sale, the firm raised $140,000 through the sale of its Factoid tokens in 2015. Since its founding, Factom has collected approximately $16 million in funding.
On Thursday, the firm's biggest investor, FastForward, disclosed that Factom is now facing liquidation after unsuccessful attempts to secure additional funding.
Read in full https://www.theblockcrypto.com/linked/60885/blockchain-firm-factom-begins-dissolution-process-after-failing-to-source-additional-funding
@everyone. What are the ICO token projects that have adequate funding for a 5 year roadmap?
Blockchain firm Factom has begun the process of dissolution following its failure to solicit additional funding to address its dire financial situation, according to a key investor.
Established in 2014, Factom offers data provenance and integrity solutions built on a trustless layer on top of the Bitcoin blockchain. As one of the first projects to conduct a token sale, the firm raised $140,000 through the sale of its Factoid tokens in 2015. Since its founding, Factom has collected approximately $16 million in funding.
On Thursday, the firm's biggest investor, FastForward, disclosed that Factom is now facing liquidation after unsuccessful attempts to secure additional funding.
Read in full https://www.theblockcrypto.com/linked/60885/blockchain-firm-factom-begins-dissolution-process-after-failing-to-source-additional-funding
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