This whole thing to me just looks like a cash grab for all the investors. I know people will buy into this coin anyway in the hope to make a quick buck but to me this is one of the most unfair dispersal of coins ive seen yet. I was really hopefull for this coin in the beginning but now out of pure principal i wont ever invest into it.
If that is a mineable coin, I do not think it is. If that is ICO, then it is cash grab.