Are people seriously still banging on about poor distribution. lmao. im sorry that not many people dared to put their btc where their mouth was during the ipo stages of NXT and qora. creating another clone purley to distribute better is not a great idea really.
The ultimate goal is to create a new decentralised currencie that will be adopted by the world. even if you manage to distribute this new clone to 5k bitcointalk memebers its still not fairly distributed. why not concentrate on building tech and services that will be adopted by the world masses. people of the world wont care that 5k members started it they will flock to the tech and new services provided. This should be number 1 on the list not "Fair distribution" imo. NXT and qora will succeed because of the features and tech the distribution model was suitable at the time of release. Theres no stopping the 2 now regardless of new clones with a tad fairer distribution. good luck witht the project but please concentratebon new tech and features
I ask that you dig a little deeper into my explanations of Kora because I think you haven't understood where I'm coming from. I like 'fairness' in a coin distribution, but I'm after 'effectiveness' more. I think Qora is the most vulnerable crypto coin right now, and by that I mean it has good fundamentals but a very small community with bad attitudes, and this isn't NXT part 2.
I think there is a good chance Kora will surpass Qora, and Qora will fade into the background. That could have happened to NXT but it didn't for a whole host of reasons that aren't applicable to Qora.
If Kora gets a larger number of committed users it kills Qora, and I think that's very possible, and as I'm not using an IPO, and this is therefore not a scam, I think Kora has a great chance of having x10 more users than Qora. Combine that with trading Kora tokens on the NXT AE, and you have a coin with better 'fundamentals' than Qora.
Remember, the Qora IPO investors didn't make Qora, and they didn't buy it either, so Kora isn't going to steal anything from anyone. If the source code never gets released Kora doesn't exist, but nobody will have lost any money coz Kora stakes are free.
The Qora IPO people funded the dev in some way, and in return the dev gives those people the first chance to create a viable community with custodial duties over the 'golden goose' that *might* lay some 'golden eggs'. If those IPO investors act unwisely however, they can kill the goose, and if that happens the Qora dev will not be responsible for that, and I strongly suspect he/she would then support the biggest community using their software to create a viable crypto coin network.
Don't be mislead into thinking Kora is all about free coins & dancing around like hari krishna devotees celebrating fairness (not that I have any problem with that in principle).
Kora is trying to exploit an obvious weakness in a competitor, and anyone with Kora tokens has a good chance of making a good return over the longer term for a FREE investment, but I need people to get committed, and then help, and I hope that can happen even if the Kora coins are free.
Kora is attempting a take-over in a sense on the basis that a successful coin is the one with the biggest active community.
If NHZ, or NAS, or NXTL or NFD, or N2Coin or another NXT clone created a larger more active community than NXT, then NXT would be vulnerable too.
The point of the registration system will be to try and weed out the wheat from the chaff, but do that without using a bitcoin IPO payment as the mechanism to find the committed people. That is my task.
