Authority Node Operators select an "efficiency" by which they operate at. Whatever efficiency they choose, of the 1,123 FCT they are to receive per server per month, that percentage of FCT is instead placed in the Factom Protocol Grant Pool. Every few months a new grant round starts where people and companies can submit their grant proposals for ways to further the Factom Protocol. The last grant saw more than 140,000 FCT awarded worth well over 1 million dollars. The recently awarded grants were:If you have an idea as to how you can further the Factom Protocol, be sure to keep an eye out for the next grant round.These are exciting times for the Factom Protocol. We hope you'll take a deep dive and learn more about what we have to offer.

A coalition of 28 (eventually 65+) companies called Authority Node Operators (ANOs) provide the infrastructure to decentralize the Factom Protocol. These companies also "further the protocol" in whatever way they pledged. If they do not provide stable infrastructure or do not further the Protocol, they can be removed. In return for their services, these companies split 73,000 FCT per month which provides a minor inflation for the protocol. This inflation is reduced by usage of the Protocol as, in order to enter data into Protocol, you have to burn FCT for Entry Credits.

The Factom protocol enables developers to build powerful open source technologies and infrastructures using its efficient pure data structures. The Factom protocols unique two-token system lowers the barrier for enterprise companies to build applications that require cost stability and ease of integration with existing systemThe Factom Asset Token protocol (FAT protocol) is an open source tokenization protocol built on the Factom blockchain that is efficient, modular, composable, and extensible allowing developers to layer token functionality to meet their specific use case. The FAT protocol is built around a set of open source standards that establish a pure-data tokenization implementation directly within the efficient data structure of the Factom blockchain. Learn more Flexible on-chain voting protocols integrate seamlessly into your applications with a variety of voting systems. Quickly and easily enable your applications with with the most cost effective fully audit-able, immutable, and censorship resistant blockchain voting protocol. Learn more The Factom protocol enables a myriad of smart contract technologies. Build cheap and fully auditable stand alone smart contracts that keep all of your data private, or integrate into the FAT protocol to create self executing smart contracts.The factom protocol is the optimal platform to build identity solutions, and provides a robust set of infrastructure for digital identities. With the factom protocols pure data implementation its easy to build decentralized identifiers, auditable attestations, and self sovereign identities.Many more to come!

While the Factom Protocol is a two token system, only the Factoid (FCT) is transferable and able to be traded on exchanges. Entry Credits (EC) are obtained by burning FCT and are used to enter data into the Factom Protocol. Entry Credits are $.001 each and that price is fixed. Therefore, if FCT is worth $1.00 and you burn it, you receive 1,000 EC. If FCT is worth $10.00 each and you burn one, you receive 10,000 EC. This brilliant two token system allows for: 1. The value of FCT to increase the more the Factom Protocol is utilized. 2. Companies and governments can effectively budget for entering data onto the Protocol based upon their estimated usage. 3. Subscription systems can be setup with 3rd parties where companies and governments don't have to hold cryptocurrency if they don't want to or can't for compliance reasons. FCT are still burned for EC by the 3rd party company but the subscriber is charged a small markup for the service.

The Factom protocol is an open source data integrity protocol built by a coalition of technology companies that extends the security of blockchain to any type of data. Development began in 2014 and the previous Bitcointalk thread can be found here . With the release of Milestone 3, the Factom Protocol became one of the most decentralized blockchain projects in existence. As there was no longer any central authority to update the previous Bitcointalk thread, it became outdated. Therefore, the Factom Protocol Marketing Committee will be regularly updating this thread and shares this login.As a pure data blockchain protocol, the use cases are limitless. For example, Equator, a leading provider of residential loan default software and marketing solutions for many of the country's top mortgage servicers, real estate agents and vendors recently signed with Factom Inc This video below showcases how the Factom Protocol can be utilized to revolutionize the mortgage industry. But this is the tip of the iceberg.

Why the new thread and why is a newbie account making it? Now you don't have the ability to add graphics/logos to the thread. All of the history of the old thread is gone now too. Can you at least link to the old thread? Also, can the team please keep this thread up to date with regular updates and interactions with forum members?

The old thread was created by Factom Inc. Since Milestone 3 was released where Authority Node Operators now provide the infrastructure to decentralize the Protocol, the Factom Protocol has become one of the most decentralized blockchain projects in existence. It's important that decentralization is not just technical, however. If a single entity controlled important communication mediums like this one, that would be problematic. As such, in the spirit of decentralization, this login is shared among the entire Factom Protocol Marketing Committee which Factom Inc (which is now an ANO) is also a part of. While we may have been able to take over the Factom Inc account, there's a variety of reasons we chose not to do that such as then we'd have access to their private communications which isn't fair.Once this account becomes more established, we'll add graphics.The old thread is linked in the second sentence of this thread.We will absolutely be updating this thread on a regular cadence!

Why the new thread and why is a newbie account making it? Now you don't have the ability to add graphics/logos to the thread. All of the history of the old thread is gone now too. Can you at least link to the old thread? Also, can the team please keep this thread up to date with regular updates and interactions with forum members?