Looking forward to this annoucement. Hoping it will appear on Coindesk like it did last year.

D-Lux has summed it up quite well on reddit with the google vs internet analogy which I agree with completely.

"Agreed—FCT is a sleeping giant whose toes are just starting to wiggle. Though I think a $3.42 sell point is still WAY too low. The value of Factom Inc. can be a reference point for the market cap of FCT, but in some ways they're very different, and in each case it suggests that FCT's market cap should be many multiples (possibly magnitudes) higher than Factom Inc's perceived value. In buying equity in Factom Inc, you're investing in a company that provides various services on top of the Factom network; but by investing in FCT, you're investing in the actual network. A very rough analogy would be between buying shares of Google (Factom Inc) vs. buying shares in the Internet (FCT)."


https://www.reddit.com/r/factom/comments/4x68v4/several_reasons_for_factoms_rise/d6dd1wd

Let me offer another way of looking at things.  Brian Deery has occasional referred to Factoids as, "Software Licenses" to access the Factom Network.  Just think of a Microsoft or Oracle or Adobe or some large company could only create 8.7 million software licenses for an incredibly popular product.  People could transfer that license but if every person and company who wanted just one license, only 8.7 million people could have ONE license.  Problem is, many people and companies are going to want far more than one license because of the nature of the network.

Just think if you had a piece of software like Windows that a majority of the population use (remember, Factom wants to, "Factomize Everything"). But only 8.7 million copies of windows are in existence.  How much would a copy of Windows be?

REALLY expensive.  SO EXPENSIVE that you start breaking those licenses up into sub licenses.  Instead of having 8.7 million licenses, because each of those would be so expensive, you have 87 million or 870 million (moving the decimal point left on Factoids).

Point being, I believe that Factoids are going to be so valuable that we need to begin to ponder what each decimal place should be called between Factoids and Factoshis.

Factom was waiting for page 200 on bitcointalk 😀

That s a bit optimistic. Still, everything s possible. But first it needs to go over 50 cause it does not seem to be able to break 46 limit.

The first one are test entries from Factom, the latter are real world applications.

Yes, but the number burt Factoids does not seem to be that significant. How come?

Good new intro/overview of Factom from our friend Nxtblg:

http://www.enterstageright.com/archive/articles/0816/factom.htm