Any coin that has an IPO will have a thread full of FUD because people hate to see coin developers turn a profit. People expect devs to work for free and make everybody rich while getting nothing in return. Also people hate taking a risk to make a profit which is why they almost always lose in this game. How much more sense does an IPO make than just mining the whole time? You invest in the dev and the technology and the business model and they then have the funds to market, support, develop, and make it happen instead of trying to build and market a currency with zero funding while everybody is paying the power company, weakening the power grid, and contributing to global warming with none of the waste going back into the coin itself. With premines the devs just dump them to make money which hurts the value of the coin. This is a great concept and I've already heard radio ads for it already in the UK. This is the first altcoin that interests me enough to get involved because before this I never understood the point of having alternative currencies. I love bitcoin but never understood the point of a bunch of copycats with no purpose. These guys actually have a gameplan and a purpose. They put up an announcement so that people can keep an eye on things and mark down key dates and we have 2 pages of people flipping out before hardly anything has been announced. It's like a bunch of crazy politicians that complain just to complain.

reading comprehension > you

Would you prefer a premine?

This looks amazing! I heard about this on the radio! I don't know much about coin specs (X17?? Prove my RAM??? 8GB ha) but if you haven't heard about what they have in store with this thing you're in for a treat. One thing they are doing is raising money to help compensate and educate people who have been ripped off trading crypto.