Rank #923
5,649 people like this
factom  (FCT)

Factom (FCT)

$1.51 -5.5%
0.00003416 BTC -5.9%
5,649 people like this
$1.49
24H Range
$1.66
Market Cap $15,265,771
24 Hour Trading Vol $10,662.74
Circulating Supply 10,078,218
Total Supply ?
Max Supply ?
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FCT
USD
USD
Factom (FCT) Price Chart

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1h
24h
7d
14d
30d
1y
-0.1%
-5.5%
-11.6%
-7.5%
-15.3%
23.3%

FCT Price and Market Stats

FCT Price $1.51
Factom ROI 1162.3%
Market Cap $15,265,771
Market Cap Dominance 0.00%
Trading Volume $10,662.74
Volume / Market Cap 0.0007
24h Low / 24h High $1.49 / $1.66
7d Low / 7d High $1.36 / $1.77
Market Cap Rank #923
All-Time High $79.45 -98.1%
Jan 08, 2018 (over 3 years)
All-Time Low $0.074999403350 1919.7%
Dec 13, 2015 (almost 6 years)

Factom Coin Price & Market Data

Factom price today is $1.51 with a 24-hour trading volume of $10,662.74. FCT price is down -5.5% in the last 24 hours. It has a circulating supply of 10 Million FCT coins and a total supply of ?. If you are looking to buy or sell Factom, Bittrex is currently the most active exchange.

Factom is the first usable blockchain technology to solve real-world business problems by providing an unalterable record-keeping system. By creating a data layer on top of the Bitcoin blockchain, Factom’s distributed ledger technology secures millions of real-time records in the blockchain with a single hash using cryptographic isolation. Businesses and governments alike can use Factom to document their information so that it cannot be modified, deleted or backdated. Factom’s technology decentralizes record keeping by ensuring that the integrity of stored data remains intact, providing complete transparency, while at the same time maintaining user privacy in an increasingly digital world.

The Factom project began in 2014 which puts it on the older end of the blockchain spectrum. The team has made steady progress since then. They released the first version of Factom in early 2015 and had their token sale in the middle of that year. In August of 2015, they were accepted into the Plug and Play FinTech accelerator and were chosen as one of Austin’s A-List start-ups in May 2016. Based out of Austin, TX, the core team has multiple members with several years of experience in the blockchain space. Peter Kirby, Factom Co-founder and CEO, and Abhi Dobhal, VP Product Management, previously worked together at CoinTerra, Inc – a producer of ASIC miners for Bitcoin.

The price of a Factoid is directly tied to the amount of network usage. As more businesses join the network, it will become more costly to submit Entries which will, in turn, affect the Factoid price. Once the number of Factoids being burned outpaces the 73,000 that are created each month, the currency will become deflationary. This may drive the price up even further.

Factom News & Guides

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