In reality, the XQN community should be pushing for XAI to be a success as the trading AI, once implemented, will increase the value of XQN tenfold.
Apologies for butchering your post, but the portion I kept is really the key.
Personally, I don't like much any approach that places trust in a single individual or entity to manage funds and ensure market stability. The market should find it's own natural balance at the hands (or mercy?) of the holders & traders. I do believe this approach can still succeed, just that it is certainly not my preference.
However, we have here a funny situation. The people that will benefit the most from XAI, at least at first, are XQN holders.
This is really why I think that a XQN snapshot is most appropriate, at least for a portion of the XAI emission.
The reason is dead simple: people holding XQN will make the most of XAI. There is no greater incentive not to dump after the snapshot.
In fact, for the most part, the short term goals for XAI, will mostly benefit XQN alone. Only when meeting the long term goals, will XAI be meaningful on a larger scale (integrating with other currencies for example).
Again, a split balance would be ideal, in my mind.
Someone that just wants to hold XAI and/or speculate on that asset alone, would enter the crowd fund, to obtain optimally priced XAI. Someone that wants to hold XQN and expects XAI to further boost XQN value and functionality, would instead stash as much XQN as possible, in the process obtaining a moderate percentage of XAI (by means of the snapshot).
Anyways, just food for thought. I'm happy to see such a constructive discussion taking place without hot tempers and fud running wild.
Cheers!
