Well, we did learn a thing or two from valorbit, free coins distributed through social media is a quick way to build a community, but it wont be successful if the supply is too large and no mechanism in place against cheating using multiple accounts.
I totally agree with you it was to late before they find it out many holders have accumulated hundreds of millions of Valorbits they create multiple accounts extract the key and upload it on their desktop wallet they should have seen that coming ..But it was to late