I noticed on bitcointalk that Drexme - who has done a great job as a Mod on this forum - started a thread (https://bitcointalk.org/index.php?topic=357403.msg3823315#msg3823315) and is looking to start a NXT giveaway. While distribution of NXT is important to the future of the coin I don't think the traditional cryptocoin giveaway is the right way to go and I thought it might be interesting to have a brainstorming session for the best way to distribute NXT.
Erik Voorhees appeared on the Peter Schiff show (http://www.youtube.com/watch?v=7mUn-d8R98k) and subsequently wrote an open letter to Peter Schiff afterwards (http://www.reddit.com/r/Bitcoin/comments/1rxmk3/my_open_letter_to_peter_schiff_followup_from_the/) and he made a very good point about the infastructure of Bitcoin being the most important aspect of it. The actual code can be repeated and used to create other coins, but it is all the online stores, brick and mortar shops and services that accept bitcoin and the development that is being poured into bitcoin which makes it so valuable and I think NXT should be looking to create infastructure as soon as possible and the distribution of NXT from the stakeholders could be used for this purpose rather than just giving it away.
I actually have 0 NXT at the moment so I have every reason to want a giveaway but I think there are a lot more innovative and effective methods out there to boost the quality of this coin.
I'm not trying to tell the stakeholders what to do with their coins, they started NXT and the coins belong to them to do with as they please but from what I've seen of the organisation and focus of the people behind this coin the stakeholders will be looking to distribute a large portion of the NXT they hold because it is beneficial to them but I think it is important to do it in the most effective way for the improvement of the coin.
Few ideas I had...
- Lots of decent sized bounties for developing NXT software and services e.g. Merchant solutions like Bitpay
- Bounties for non programmers e.g. creating videos, signing up Merchants to the service above
- Buy some NXT, tip 10 people on Reddit 10 NXT and get 500 NXT