What is the coin for? Or who is it for?
What is it about all existing coins that makes them unable to perform the function this coin is intended to perform?
-MarkM-
This coin is aimed at investors mainly, it will be a pos/pow coin used to retain value similar to bitbar.
It's main competitor will be bitbar. The thing with bitbar is that there was a lot of controversy surrounding it with a premine/instamine as you can see here:
http://cryptolife.net/crapcoin-of-the-day-bitbar/Now understandibly we are talking about premining a coin that is a fixed version of a premined coin... Although it will be done in the eyes of everyone to see and understand. It will be fair for everyone to get in on and it will not spam out thousands of coins straight away and then just stop producing any coins at all.