The core idea of FACTS is to construct a set of “Factual Content Incentive Mechanism “that is based on blockchain technology, namely Proof of Facts (PoF). Users can obtain the right of reward allocation through any operational behavior on the factual content. By doing so, they help to solve current problems on the Internet such as massive false content, underpowered creation, low propagation efficiency and so on. FACTS evaluates content through the “FACTS Index” assessment model which provides a strong credibility reference for content review panel and users. After the assessment, the trusted content is stored in the Facts Pool and then is automatically used to build Facts Graph through the NLP engine.
James Murphy, founder and chairman of Murphy & McGonigle, said he wouldn’t settle any crypto case with the current SEC before seeing how the election turns out.
