Factom Price, News and Analysis (FCT)

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Factom logo
$11.94
+$0.10 (+0.83%)
(As of 06/21/2018 04:06 PM ET)
1-Hour Price Change +0.09%
1-Day Price Change +0.83%
7-Day Price Change +14.05%
1-Day Volume$281,054.00
Market Cap$104.45 million
BTC Price0.00177769 BTC
Circulating Supply8.75 million
Total Supply8.75 million
Maximum SupplyN/A

About Factom (FCT)

Currency Details

Name Factom
SymbolFCT
Market Capitalization$104.45 million
Coin or TokenCoin
Algorithm
Proof Type
Genesis Date9/1/2015
Mineable?No
Number of Exchanges7

Official Links

Official Websitefactom.org
Official Website (Alt)N/A
BitcoinTalk AnnouncementView
Twitter Account@factom
Facebook PageView
Github AccountView

Community Discussion

Reddit Communityr/factom
Telegram GroupN/A
Discord GroupN/A
Message BoardN/A
Message Board (Alt)N/A

Research Tools

Blockchain Explorerexplorer.factom.org
Blockchain Explorer (Alt)N/A
CoinMarketCapView
CryptoCompareView
CoinGeckoView

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Factom (FCT) Frequently Asked Questions

What is Factom?

Will Factoids have their own blockchain? Ultimately Factoids will be implemented on their own Chain in Factom. For the crowd sale, other options are possible. How are Factoids created? Two ways. Factoids will be created as a part of the crowd sale. Secondly, Factoids will be created at a fixed rate and paid to the Factom Servers and Audit Servers for their work running the system, and to pay other incentives. Is there a separate Proof of Work or other consensus mechanism for factoids, independent of factom? No. That said, the Factom chain and the Entry chain are managed by the Factom Servers (they are the application using these chains) so they validate them in real time. No invalid entries can be placed in these chains. How do factoids get sent back to the protocol? Is it a kind of burn?   No. The Entry Credits are burned. Entry Credits are non transferable. They can only be used to buy entries. But when they DO buy entries, the Factoid in the protocol that was used to buy the Entry Credits is released. The amount of Factoids varies since the price of Entry Credits per Factoid varies.   The Factoid paid out is calculated by dividing the total number of Factoid in the protocol by the number of outstanding Entry Credits.   The number of Factoids in the protocol and the number of outstanding Entry Credits are all computable from the Entry Chain and the Factoid Chain.   (Description provided by CryptoCompare)

What exchanges can I buy or trade Factom on?

Factom can be purchased or sold on the following cryptocurrency exchanges: BCEX, Poloniex, Bittrex, Bit-Z, Upbit, Cryptopia and Qryptos.

How do I buy Factom?

It is not possible to buy most cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum and Litecoin can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance or Changelly to purchase other cryptocurrencies, including Factom.

Where can I get Factom wallet?

Factom produces its own wallet software that is available for download on its website, which allows you to store Factom on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano S. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Jaxx or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of Factom?

One Factom (FCT) is currently worth $11.94 on major cryptocurrency exchanges. You can also exchange one Factom for 0.00177769 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Factom in U.S. dollars is $104.45 million.

What is the Reddit page for Factom?

The official Reddit community (subreddit) for Factom is r/factom.


MarketBeat Community Rating for Factom (FCT)

Community Ranking:  4.2 out of 5 (star star star star)
Outperform Votes:  179 (Vote Outperform)
Underperform Votes:  36 (Vote Underperform)
Total Votes:  215
MarketBeat's community ratings are surveys of what our community members think about Factom and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.

Chart

Factom (FCT) Price Chart for Thursday, June, 21, 2018

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Google Trends

Factom (FCT) Search Trends

There is a correlation between price appreciation and public interest in cryptocurrencies, such as Factom. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "Factom Coin" over the last 90 days.



Factom (FCT) Website Traffic




Factom (FCT) Social Media Trends

Headlines

Factom (FCT) News Headlines

DateHeadline
Factom Blockchain Project Wins Grant to Protect US Border Patrol DataFactom Blockchain Project Wins Grant to Protect US Border Patrol Data
www.coindesk.com - June 18 at 10:06 AM
 EOS Hype Builds as Over 50 Candidates Vie for 21 Supernodes EOS Hype Builds as Over 50 Candidates Vie for 21 Supernodes
bitcoinmagazine.com - April 24 at 7:31 PM

Social Media Mentions

Factom (FCT) Reddit Feed


This page was last updated on 6/21/2018 by MarketBeat.com Staff

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