*edit* July 24th, 2017** These first couple of years, the Factom (FCT) price will probably be driven primarily by speculation regarding the future use of the prototol rather than current EC usage. However, the below is still a worthwhile exercise regarding Factom’s price potential.
In my opinion, Factom is one of, if not the most undervalued cryptocurrencies due largely to misunderstanding and misinformation about the potential valuation of the Factoid (FCT) token. Let me start by showcasing that YES, the value of the Factoid is meant to increase as use of the Factom protocol increases. This is made clear by one of the founders and the Chief Architect of Factom, Paul Snow who answered the following question on Reddit:
Considering … Read the rest