3492 cryptocurrencies
Total Market Cap $1,648.03B
24h Total Volume $42.67B

Factoids  (FCT) Factoids (FCT) star

$2.14
0.11 (5.22%)
The current price of Factoids in US dollars is $2.14 USD. To compare it's value every 1 FCT coin is worth 0.00004136449026 in BTC.

During the last 24 hours Factoids’s price has changed 5.22% (or $0.11 USD) it reached a low of $1.68, and high of, $2.20. A total of 25,848 FCT coins worth a total of $55,232 USD was traded in the previous day at crypto exchanges like Kucoin, and Binance.

Factoids’s market cap is made up of 9,719,387 FCT coins valued at $20,768,722 USD. That means Factoids makes up 0.00% of the entire cryptocurrency market capitalization of $1,648.03B!

Due to cryptocurrencies trading 24/7, that value/exchange rate will change constantly. To keep updated on the price, market cap, and trading information on Factoids just bookmark the Live Factoids Price page.

Factoids Price Chart

FCT Coin Data

Blockchain to Business and Governments

Factom is a system for securing millions of real-time records in the blockchain with a single hash.

Businesses and governments can use Factom to simplify records management, record business processes, and address security and compliance issues.

Factom uses the blockchain to power a remarkable range of applications, including audit systems, medical records, supply chain management, voting systems, property titles, legal applications, and financial systems. 

Download the Factom Whitepaper to understand out how business and governments can use the blockchain technology to improve their services and their profit margins.

Factoids are traded on Poloniex under the ticker – “FCT”, making the whole project more approachable for novice users. The ticker “FCT” coupled with “Factom Exchange” should make it a lot easier for anyone to find the software tokens on Poloniex. It’s not necessary to know all the technical aspects regarding Factom or Factoids to reap the benefits of this platform.

Investors have been eagerly awaiting the addition of Factoids on major cryptocurrency exchanges since the conclusion of the Factom token sale. Factoids trading on crypto-exchanges are likely to generate additional interest in the Factom platform while allowing new community members to purchase some tokens for future use.

In preparation for the launch of the Factoids trading market on Poloniex, the Factom team also released the binaries and installers for the project’s software client recently. The Factom client provides a convenient manner of storing and transferring Factoids.

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.  

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Market share 0.00%
Proof type
24h Open $2.03
24h Low $1.68
24h High $2.20
Price in BTC 0.00004136449026 BTC
Current Supply 9,719,387 FCT
Total Supply 8,753,873 FCT
Market cap $20,768,722
24h Volume (coin) 25,848 FCT
24h Volume (currency) $55,232
Last updated 2021-03-03 11:20:10 +00:00 GMT
ID Market Type Price Quantity Total

Factoids Events Calander


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