I just posted this in response to criticism of Nxt's distribution in the investigation of instamines thread (criticism from others, not the author) I now it is re-raking over old ground but I couldn't help myself
Are you like, deliberately excluding the worst distributed coin of all, NXT?
Theres no excuse pal, it is up there on the high market cap list.
Here you go: NXT coin-100 % insta pre mine shared by 70 early adopters.
There were 6 weeks to join the IPO for Nxt and coins* were distributed on a proportion of how much BTC you gave. This was also capped at a maximum of 1 BTC. i.e. if you gave 0.1% of funds collected you got 0.1% of the coins, 5% of what was collected you get 5% of the coins.
Only 100 or so people came forward in 6 weeks and then only 73 of those claimed the coins that they were entitled to. They understood, as the first POS, that nobody would join them if they hoarded their coins so there was an orgy of bounties, selling and giveaways. When comparing POS coins,
perhaps this period should be judged as the distribution phase? As the nature of pure POS requires all coins to be created at once. If there were only 73 holders now then Nxt wouldn't be valued at 10s of millions of dollars.
The tech was then released and this is what gave the coin its value when people understood what was being built. It also has provided the funds to build, arguably, the most advanced cryptographic platform devised so far (I won't go into details to avoid looking like advertising but start another thread and we can discuss it there).
Finally, the initial distribution is moot as the distribution between accounts now is better than bitcoin's and improving slowly all the time, all achieved in a few months. I can dig out the links if the auther would like to see them.
I for one would welcome the author's inclusion of Nxt for all to see, as I think you would be surprised that it would come out the other side with a good overall report. Though comparison should be to Ripple, Counterparty and Mastercoin as you would comparing apples with oranges. These are also striving to beyond being solely a currency.
*(these are not generally referred to as coins as this limits what Nxt actually is peoples minds, they are considered tokens for the Nxt Crypto Platform's features)
https://bitcointalk.org/index.php?topic=587086.60