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Is it ok that a proof of stake coin is distributing so much of it's coins? Can anyone elaborate as to why this is?
That's the way all coins used to do it. BTC, LTC, and DOGE distribute all their coins to miners, and CLAM distributes all theirs to BTC, LTC, and DOGE holders.
The ideas of staging a massive ICO or having a huge premine to make the developers rich are more recent innovations.
Do you think ICO's are the future and mining & staking are 'past it'? Should we start investing in ICO's rather than staking or mining?
