Signature space as Initial Distribution Method

[August1]

Hi admins, mods, and all BCTers!

I’m wondering about the legality of a certain distribution method.

Say I create a coin. I take 90% premine and offer 10% of the coin for PoW miners to mine.

Now the way I distribute my coin is a signature campaign that pays out manually, weekly, over a timespan of one year.

If anyone wants some of the coins they must wear my signatures and create 10 constructive posts a week, 40 a month, anywhere on Bitcointalk. I reserve the right to ban, exclude, or include anyone at any time. There will be a log for the airdrop for anyone to see which addresses were included in each airdrop

I call this airdrop but mine would not be a regular signature campaign.

It would be inherent to my project that Bitcointalk signature space is the proof for distribution itself.

PoBP (Proof of Bitcointalk Presence)



Is this allowed? Bitcointalk would serve as my crucial distribution platform.

Thank you very much.

[hilariousetc]

Why wouldn't it be allowed? Unless I've missed something there's not much difference between this and every other crapcoin signature campaign.

[Joel_Jantsen]

Why wouldn't it be allowed? Unless I've missed something there's not much difference between this and every other crapcoin signature campaign.

You seem to have missing out an important point here,this isn't that usual altcoin bounty signature crap,this is an advanced bounty signature crap which has a definition of it's own " PoBP (Proof of Bitcointalk Presence".
OP,have you planned to run mining operations of your coin from bitcointalk signatures in the near future ? I'd love to witness the tech that your project promotes.

[hilariousetc]

Assuming he's being serious and can make it work, at the end of the day it's still seems like just another signature campaign that people get paid to post here for so I can't see why it wouldn't be 'legal'.