Tell me who will stop someone for making a bot for mass registration and taking a lot of coins for himself?
You had to manually enter 2 layers of captcha, to register for a token, then wait 1 hours to redeem. The token was generated 1 per IP per hour.
The site had over 55k hits in 2 days 22k+ unique. The registration process was secure enough and since it took only 2 days to reach max address... I doubt anyone had time to invest in making a bot.
Just so you know... this is over now we are almost finished distributing all the coins