I don't buy from anonymous developers who name themselves after a coin. So Kora is out for me.
As well many coins have copied NEM's distribution model and failed to drum up interest. NEM isn't some Communist or freebie coin. NEM is an initiation to a new economic movement.
+1. Kora is not the first. NXT lite was the first copy of the distributional model. But i guess there are more to wide distribution. Where is aurora coin now if the success is to give the coins to many people as possible?
NXT would be way up there if its beginnings hadn't been so botched. Screaming about distribution is still the first thing that comes out when people discuss it.
Seriously, the difference between NXT and NEM stakeholders is zilch.
Its still a small percentage on a global scale.
Distribution is NOT why ive invested in NEM...
Personally, I see your points.
The NEM distribution will be exploited, but I think to a lesser extent. The purpose of the rules were to make unfair claims harder or more troublesome - everyone knows people will attempt to work around it. Thats greed for you. Additionally some people are more prudent with money, others not so - eventually some will acquire alot more coins than others. It's just the way of the world and it's why i get rather annoyed when people preach "Decentralized" when ultimately the wealth always becomes centralized. Again, not that this bothers me, it's a fact of life; what bothers me is when people intentionally mislead others with this decentralized argument.
The thing is, in light of what NXT is - Proof of Stake - Distribution should've been a far, far bigger concern, as those with the most coins can forge more. Ultimately the entire concept just lets the first holders richer because while more people buy in, not only does the value of their stash increase, but they're also forging more coins to add to the pile. For them it's a win/win.
I quite like NXT to be honest - as anything that breaks away from the PoW model is a good thing in my view - but PoS doesn't do it for me. NEM's PoI is by far the most interesting concept.