is there Any altcoins that are distributed fairly?

tromp

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Quote from: TimeBits on January 13, 2019, 02:19:22 AM

is there Any altcoins that are distributed fairly? seems no currency in this world is done right to give everyone a fair start.

This seems to be the closest thing I have found so far https://bitswift.cash/frequently-asked-questions/ is there any others?

Do you mean a coin that can only be mined?
With no premine, instamine, ICO, mining tax, or any kind of compensation for the coin developers?
With a launch announced widely and long in advance?
With a genesis block that was provably generated just before launch?
With an initial difficulty set so high that the first few dozen blocks take much longer than average?
With reasonably optimized GPU miners available for multiple platforms from launch?

Is that the kind of altcoin you're looking for?

Ifychuks

copper member

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I was thinking altcoins distribution is based on individual investments except of course for bounty. Asides that, I still do not understand what you mean by distributing fairly.

mastersay

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For my opinion, the altcoins for me are distributed fairly and properly. Any biased distribution on the team can be reported and may cause for the investors to back own. So the team give confidence on their distribution to gain their trust.

carrigan

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What do you mean of the fairly distribution. Are you investors or bounty hunters? If you are investors, I personally think that the amount will depend on in what stage you are investing in, it commonly has the different price, then you will also get the different amount of the coins plus the bonus if any.
I think the investors will get the fair distribution.
But if you mean for bounty hunters, some may change the rules immediately after the end of ICO. this is also so bad for me.

Eat.Sleep.Bounty

copper member

Activity: 76

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CAT.EX Exchange

It depends on the team of what they are planning to distribute. Because they have many allocations and they based it on a percentage value. I think it is just fair for the distribution.

trash321

full member

Activity: 602

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Do you mean the distribution that occurs from the very beginning? If so, then how many such a distribution seems to be very small today, because most people now fully understand that in order to quench their greed, they cannot give the community more than 30%

BitcoinFX

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enhu

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Quote from: rosezionjohn on January 24, 2019, 12:13:12 PM

There were a lot of airdropped tokens back in 2017 with no ICOs. You only need to fill up a form and tokens will be distributed fairly to each applicants. Unfortunately only a few of them are legit and still existing today.

Early stage of crypto, Stellar was distributed to users who verify their facebook account. AT least they give it freely without ICO but then there ain't no assurance whether its fair of course people took advantage of it having tons of facebook accounts. Other than this I can't remember if there were tokens distributed fairly besides those by airdropped that turned legit.

rosezionjohn

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There were a lot of airdropped tokens back in 2017 with no ICOs. You only need to fill up a form and tokens will be distributed fairly to each applicants. Unfortunately only a few of them are legit and still existing today.

GatotKaca

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Seabet.io | Crypto-Casino

Quote from: TimeBits on January 13, 2019, 02:19:22 AM

is there Any altcoins that are distributed fairly? seems no currency in this world is done right to give everyone a fair start.

This seems to be the closest thing I have found so far https://bitswift.cash/frequently-asked-questions/ is there any others?

what you mean with altcoin that is fairly distributed. Do you want all altcoins to distribute the same as you want, it is impossible.

damberg

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Quote from: TimeBits on January 13, 2019, 02:19:22 AM

is there Any altcoins that are distributed fairly? seems no currency in this world is done right to give everyone a fair start.

This seems to be the closest thing I have found so far https://bitswift.cash/frequently-asked-questions/ is there any others?

What does a fair start mean? I don't think a fair start means distributing free coins to anybody who asks or puts their email in registration form. This question is rather philosophical ..

avikz

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Quote from: TimeBits on January 13, 2019, 02:19:22 AM

is there Any altcoins that are distributed fairly? seems no currency in this world is done right to give everyone a fair start.

This seems to be the closest thing I have found so far https://bitswift.cash/frequently-asked-questions/ is there any others?

My first question to you is what do you mean by fair distribution? This fair distribution can be interpreted in many ways, so please explain what do YOU mean by that.

Quote

1.7 How can I obtain CASH tokens?
Users can only obtain CASH tokens through using the Bitswift.cash platform or through purchasing from other user on the decentralized asset exchange. The Bitswift team will be adding CASH token to future platforms and services as time permits.

1.8 How many CASH tokens can a user claim ?
Verified accounts can claim up to 100 CASH tokens per 24 hour period. Unverified accounts can claim 10 CASH tokens per 24 hour period.

These two things quoted above seems self contradictory. How do you differentiate purchasing and claiming here?

kaito.

member

Activity: 336

Merit: 11

altcoin made with the intention of gaining profit not to made a better world like in movie with everyone got their share fairly and got a happy ending.
so there's no way there's a token got distributed fairly to everyone, it's a part of human nature to gain more than the other.
and if everyone got their own share then what's the point it was made? people wouldn't interested to invest for something that everybody already has.

batang_bitcoin

hero member

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Fair? distributed fair?

Just don't look at those coins/tokens that has pre-mined distributed to their team.

Red-Apple

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Quote from: TimeBits on January 13, 2019, 03:24:42 AM

I am talking about a coin that allows users to gain supply at a fixed rate (like equal hashing power) or a coin mined by time at a fixed rate of 1 second/min/hour for 1 coin for 1 person

there are many altcoins that have followed the supply design of bitcoin and tried distributing their supply that way (through proof of work mining and block rewards).
the most popular one off the top of my head is Litecoin.

cryptobae10

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For me as a bounty participants and investor, nothing like fair distribution in your own terms matter.

What matters is the influence the token wants to have in the crypto currency world, their impact on the society,
Their product and the end usage they offer.

those are core advantages every project should have, because it brings about a high demand and high value.

fair distribution does not bring profits.

TimeBits

member

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Quote from: Little Mouse on January 13, 2019, 03:21:36 AM

You may don't hear about DeepOnion airdrop. They have completed 40 rounds of airdrop which took almost 10 months and everything was fair. There are still records of each airdrop.

airdrops are not fair distribution after reading there website, they are not a fairly distributed coin.

I am talking about a coin that allows users to gain supply at a fixed rate (like equal hashing power) or a coin mined by time at a fixed rate of 1 second/min/hour for 1 coin for 1 person

Little Mouse

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krassy

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Are there altcoins that are distributed fairly? What do you mean? the distribution of coins initially depends on the Creator, and only then on who will buy more. if you talk about mining and extraction of coins, then again, who has more power and the main one)))

TimeBits

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Quote from: icalical on January 13, 2019, 02:28:16 AM

Have you heard about SUQA? This coin doesn't have Pre-Sale, ICO, or even private sale. And as the also claim that their new algorithm are resistance to ASIC and FPGA, so that really sounds fair for me. You can check their website at https://suqa.org, or check their ANN in here https://bitcointalksearch.org/topic/ann-suqa-new-x22i-algo-swifftx-no-ico-no-pre-mine-5-apr-interest-5038269. Or this youtube channel https://www.youtube.com/channel/UCyTtTg5ryqHesuJQAeh9VzQ, they have some videos that are really explain completely about SUQA

it is not fairly distributed from what I have read

Topic: is there Any altcoins that are distributed fairly? (Read 292 times)