It was the first hybrid PoW/PoS to go to only PoS with 0 premine and no IPO...... others=crap
I think IPO was genius, now they creators have a lot of money that they can use to create a really awesome product. Oh well, I guess we all have our favorites.. Nxt has huge things coming it's way though.
This is not good way when you all coin distribute to 72 people... Price doesn't matter.
IPO - generally there is no scam behind it IPO investors took risk only risk, but is stupid when whole amount you divide to only 72 people like with NXT.
More fair is system is like BC with POW distribution and high difficulty at beginning and initial about 5000 users at beginning...
If some people have even hmm 5m BC that is only beouse we let them to have it... Don't sell cheap and don't cry later is that big problem ?
If someone sold BC for 500 and now price is about ~5000 he will come here and flame about BC...scam...FUDs... but in reality he can not stand his loss.
If someone have even 2m BC this is just because he was willing to buy it at current market price.
He is keeping BC and he is rewarding for that anyway all who flame BC could did the same noone prevent them...
NXT is total different coin than BC.
BC is building his community from scratch it have to every new member add some value to BC some new concepts / ideas.
Some people are making stuff like BCpool,Casino...
BC Devs is real poor about 35k/74m 0,0005% from donations... same time premined coins have eg. 1%-5% market share...
Do you see difference ? One Dev is making something for fun for some adventure other to be honest mostly for $ profit.
Eg. when some developer want create some green energy saving coin and he officially don't support multipoolpump idea but he is agreed that it can help them.
I just asked myself who it will help? Ok at beginning he will have more some coin but at the and of story whole green idea is broken and Dev looks like person who cares only about profit...
Not about idea behind it...
I just liked when people came here and wanted more % of interest and rat4 wrote in FAQ something like that.
1% interest to small for you...What you doing here try HBN...(150% true inflation this year 100% from POS 50% from POW)
But in few days he removed that HBN part to do not make free commercial for HBN
haha...
Point is that he hard refuse breaking concept of coin for quicker $ and to attract more people.