I like 'IPO Coin'
Q. What's the difference between an IPO coin and a pre-mined coin?
A. Pre-mining gives the creators of the coin an unfair advantage over other miners because they are able to produce the coin first.
An IPO coin distributes the coin to investors who contribute funds during the IPO stage like many companies.
Q. Which one is better for later users? A normally mined coin or an IPO-coin?
A. Most min-eable coins experience a lot of inflation even more than most fiat currencies that crypto is trying to improve upon.
Even Bitcoin for example still experiences 10% inflation every year which is given to the miners who can afford very expensive
rigs.
IPO-coins experience no inflation, so it's potentially a great store of value. The risk is that if the initial distribution is poor
that some investors might control enough coins to depress the price when they sell. (73 people contributed to the 6 week
NXT IPO and it was widely distributed after that, but it is a valid concern.)
Q. Is Ripple an IPO-coin?
A. No. It is more a 'self-created' coin. The founders created & control all the coins, instead of holding a IPO open to the general
public they instead created and took control of all the coins, (So even worse than pre-mining!) They only release tiny bits
onto the market when they see fit. Therefore there is a lot of inflation to come!
