That's nice, you have managed your first exchange thread. Everything starts from little before turning to a major thing. All your ideas in here are good for the dev. I'm reading your posts. But still now, you're the only one, writing and contributing to this coin.

Well, if trading would have happened, you should write a third column stating finished trades. Do exchanges hide finished trades?
I'm posting all this because of the concerns I have. All my concerns and questions are to support the dev towards perfection not FUD.

1. BOINC atleast helps for some purpose. This is very similar to POW
2. Faucet distribution has no better alternative to block all these blackhatters. You should simply ignore those concerns, if you're continuing with the method.
3. Once you decide to distribute by faucet method, you shouldn't care about who are buying and how are they buying. You're a coin creator, they're traders. Traders always try to find their ways for profit. If devs develop concern about traders insights, then they can not develop a good coin. None of the community members ask you to create a coin, burn your time, funds for captcha-claimers. You're deciding it on your own, and you have done it that way. No one is going to stop you with your opinion.
4. You can not compare the sales of the coin your way. Auctioning your own coin means you have created a coin and you're auctioning it for your own profit. This means you want to take the profit from the coin. You don't want the community to use, trade and profit/loss from your coin.
5. Why do you think about the captcha clickers and people buying from them. It is not the part of the dev. That's their own problem. If you concern about their profit making methods, then it is clear that you want to make money and not them.  
6. Still now, you're not thinking about the people who want to hold and use for the real purpose of the coin. You're simply thinking about the trading/money making methods. Why should a dev should concern about the money? If you want money, you can properly put it in the way. That's my point.
7. I could see, only one member is backing you all the time. However, you are free to test all waters.

My best idea is first list this coin on an exchange. Whatever the coins innovation, you can get the real price of the coin. A coin's price can not be predicted by 10 or 15 people. I still believe, the coin is overpriced here. If it hits an exchange, it will not trade more than 5 ? satoshis. if people start to see the real price, then they don't come to your faucet and increase the load. Only real people who wants to hold the coin for long time, can only use the faucet.

Besides, the simplest and honest way is to turn on POW/POS concept. Don't care about who mine it, how much they mine it. Use your time in development. If you want dev funds, do an ICO for a percent of the coins.

For all other users,

None of the trading has been done in the jibble's trading thread. May be people may have exchanged coins in private. People bidding and asking there virtually created the demand for the price. There is no sudden interest for this coin. People one by one started to know about the free coin distribution spreading the word across and creates a virtual demand to claim these coins. The actual free distribution plan and the daily percentage of distribution was very excellent. Though it is complicated, it is a fair distribution. I may have shown my concern about the fair distribution. But it has been cleared earlier. The faucet was working well and fair.

I do care about the dev a lot. If not, I'm not going to post in this thread. I'm not creating FUD here, just posting my real concern. The dev says, he spent 2 years+ of his time to develop this coin. But suddenly he fell for the auctioning. I don't know who gave this idea.

If you're auctioning or doing ICO, you need to follow a proper way. If you decide to auction, you must first stop the exchange threads all over the places. Though people can exchange privately. Or you should follow the faucet distribution + the exchange thread.

If you're auctioning, you shouldn't allow exchanges, exchange threads until you complete your auction at all levels.

Auctioning is indirectly an ICO. You should write a proper announcement about the auction in bitcointalk forum, it should not be in the unknown google pages.

1. You must clearly explain why you're auctioning. What made you to decide to choose it. It may be any reason. No issues.
2. What is the total number of coins?
3. How many coins will be distributed every year? Lot of members here are not good as your math. We don't know what is 2^25 is. You have to state in numbers.
4. What is your daily distribution plan for the first year?
5. What is a lot?
6. What is the minimum bid for the auction? State UTC time for starting and ending time of the auction.
7. How long will you wait for the auction winner to claim his bid? What will happen if he/she differs his auction win? If he is not contacting you, what will you do?
8. Again, if first day auctions goes for a particular winning price, do you fix a base auction price for the second day? Do you offer a buy now price from the second day?
9. What will happen if people lose interest to participate in your auction? Do you switch to another money collecting method?
10. Many coins have done successful initial funding. You may have the chances of getting funds by this way. This could happen only when you do things properly.
11. The auction must happen in bitcointalk forum.
12. As I have seen here, none of the real crypto supporters posted in your thread. If you look into the past, you can see people asking for faucet, exchange and more distribution methods. If anyone posted and asked about what you have been doing this 2 years for this coin. Just show me if there was any.
13. People who are providing captcha jobs in Services section and people who are buying in auctions are just traders who buy now for small price and dump for higher price. Then simply disappear once they get profit and move to another coin. This is IMO.
14. If real people who are really looking for real potential from coins, must not ask for faucet and exchange at first. Don't fall for these false illusion. The real thing, the coin has got some attention from free coin claimers and from people who are looking for small profits.
15. As you have turned off faucet now, you could see only one or two or even no posts in your thread for several days.
16. IMO again, as you're auctioning in the sudden and improper way without any prior announcement, good ICO funders might not get your coins. Look at how other coins have done their ICO. Some of the coins collected millions. I'm worrying about the imperfection with this coin.

Anyhow, you did a great job with the coin. But you really suck with the distribution plan changes. My suggestion is you just turn it back to free faucet distribution as before and don't mind about the captcha-miners and other people. The coin will move to several hands before it settles to the proper hand. Concentrate on technical stuffs and try to bring your dream innovation as fast as possible. Auctioning will not let the auction winners to hold the coins for long time. They simply sell for profit and simply go away.

Good luck.

Note: This is an example consideration. How much btcs will be collected in the first year if the auction goes this way. Assuming you're auction for the next 365 days, 7 lots a day and the average auction win price as 0.5 btc. You might be collecting 3.5 btcs a day and 365*3.5=1277.5 btc in total for the first year. This equals to 1277.5*$400=$511000. And only 10 or 15 people are going to bid daily. The distribution again goes only to a very few countable people.

You have taught me one more point from the basics of crypto 101. Thanks again. Actually dev has put his long time efforts into FUD for now. This will go now for sometime. I need to learn a lot from the old members a lot. This seems I'm still a child in here.

Where are the btcs go? Is this an ICO without stating any ICO announcement? How many people did participate in the discussion and agree to take part in the discussion before you decide to do this. What will happen to the future auctions, if this coin hits an exchange? Or do you have plan to not list in exchanges until all auctions are over? If first day auction goes for good price, do you put a minimum bid for the second day auction.

As you're auctioning this coin, you're no longer going to give free coins for the community? How long will it take for the auction winners to realize their profit?

jibble: Are you closing your buy sell thread until this auction ends? Because I have seen none of the coins host an exchange until coins are distributed by auctioning/ICO/IPO finishes. If yes, then you have to wait a long to start your buy/sell thread again.

Issue cleared. Where are these funds going? It seems to be a nice cut in the distribution. What are you going to do with the spent coins there?

It may be. But I request everyone to stop quoting these posts and encouraging these doubts. Let's make room for the dev easier. I don't want them to spend time on explaining answers at this time. If there is any issue, it will visibly arise once faucet is on.

The faucet is currently off. But 400k coins are distributed while faucet is off. How is this happening? Anything sketchy? Any programming error? API is moving the distribution virtually? It has to be simplified. Or Faucet testing is actually relayed on the distribution?

Edit : Confused a bit. Striking now. I think faucet is showing the right distribution. Still looking is this right or not.

If you have included the word escrow in the OP, just remove it. You can run this contest directly. If dev is holding the funds, then no issues. People above posted some signature designs. If I could spare some time, I will also try to compete with them.

Can someone care to answer my doubts?

1. Do we need to mine this coin or buy from exchanges to hold?
2. If I create MEMES, will I be able to get some coins? Is this an alternative to mining like "Proof of MEME"

How it works? I don't understand.

Is this a Ponzi? Will it stop paying at some time?

If yes, then guys are launching the same thing again and again.

It seems only early investors can benefit the profit. The laters may lose the coin.

Mojo has no disadvantage to be traded below 10000 sats per coin. People who are selling below 10k are real losers. People who are buying below 10k sats are getting coins for free while thinking about the future price. There will be lot of dumpers much below this price for few days until real trading happens. But, nothing can be predicted in the cryptos. There will be lot of volatality for few days. Let's see how well the trading goes. Good luck to holders.

This thread's OP is not giving 40k per entry. He is simply suggesting to claim and sell it in the coin's exchange thread. The other guys who offer 15k sats per entry may change their price from time to time. They want to acquire at very low price and sell at much higher price. There is nothing negative in their business model. Because, people who works for them may get their payments every 100 entries as they're saying. If you want to sell in the exchange thread, you need to wait for the buyer. It's upto the people who works.

It is worth to claim Mrais now. None of the exchanges have listed it till now. But the bct trading thread is being active and lot of people are waiting to buy at good price. You may claim your coins there and dump at the lower bidders if you want fast money and it will lower the price to bottom level which will makes the future claims useless. Or you can wait for higher bids and sell for high price. It's upto you.

For windows users, I don't know about the virus notifications. But you have to do windows update and install .net framework, then you need to have Microsoft Visual c++ runtime redistributable 2015 to be installed on top of the other updates. Restart once you have done windows update, then install .net framework, then install redistributable package. Restart the machine. And install windows wallet. If any error occurs, repeat the process again.

Windows 32 bit wallet is working for me after doing this. I use Virtual box to run Windows 7. My primary operating system is Ubuntu 15. The linux wallet is not working for me. I get some compile errors there. I asked the dev in the main thread. He isn't looking into technical issues now. I have to wait until he responds to my queries.

Some of my entries did not receive 200 Mrai's this hour. It says sent whenever I claimed. I do believe 4 to 7 entries are not added to the address. But it did say sent. This means, the faucet is trying to pay after it becomes dry. I ask dev to look into code.

Same mistake as before. Are you now paying 0.001? Great price. But I want to wait a bit to take a lower price than this. I don't want 0.001 per captcha. Thanks for the offer!!!

I truely agree with the dev. There are lot of coins in the past were dumped hard once it gets an exchange. Some of the coins are now traded at a good price. People who have been here for 2 to 3 years might know this very well. However, still people who have missed in free distribution and ICO distribution can stack loads of coins from dumpers in the beginning. This happens to all coins. This is one of the long-term holding coins. Time to collect now and hold.

I mean the decide as

1. The number of coins per claim.
2. The time delay between claims.

As per the distribution plan, the per claim distribution amount must be changed periodically.

If bitointalk rules don't allow it there, then a Altcoin-Marketplace-Services section is needed to list the campaign services. This will help all coin devs to easily organize their campaigns.