One of the biggest grudges people have with purely PoS coins are that the coins are unfairly distributed. Side note: I don't agree with this line of thinking, as everyone has a chance to invest in IPOs if they'd like. This same argument could also be applied to early adopters of Bitcoin... but I am getting sidetracked. I think it is a shame something as silly as this could hold back purely PoS coins, as I feel they are a step up from purely PoW coins which consume much more energy to secure their block chains and waste processing power.
Now that "Oracles" can confirm real world data, would it be possible to do a recurring IPO for a purely PoS coin? I feel like this would solve the problems people have with "unfair" distribution. The way I envision it there would be an initial IPO, and then one every year after that as determined by the oracles. The amount of IPO coins should be slowly reduced like Bitcoin's block reward. Using something like Oracles, the current price of the coin could be determined to figure out how much the IPO coins should cost in the recurring IPOs, or they could be sold at the original price (this may affect the market negatively and I'm not sure of the best approach.)
So, it'd go something like this:
1st IPO = 5,000,000,000 coins @ .0001
2nd IPO 1 yr later = 2,500,000,000 @ current market price or original price
3rd IPO 1 yr later = 1,250,000,000 @ current market price or original price
4th IPO 1 yr later = 625,000,000 @ current market price or original price
... so on so forth ...
I have a few questions.
I am not a developer, so would something like this be possible or is it just a pipe dream?
Would this idea even make sense to due to market variables? I'm thinking maybe it would be more fair to just keep the recurring IPOs at the original price of 0.0001, but it would affect the market.
Are recurring IPOs even possible?
Any other ways you guys can think of to improve distribution of IPO/purely PoS coins?
How about sticking to Bitcoin?