the next generation 2% for miners 98% for ICO WTF
Yeah it's just silly.
7 days of PoW for 2% of the coins.
Even if only 10 GH/s worth of hardware will be thrown at this crap, the cost of producing 1 coin will be roughly around 0.001 BTC. That would translate into 196 BTC for the ICO just to even match it.