I have read the white paper for NeuCoin and whilst it is technically and historically comprehensive I found it to be somewhat lite on the economics.
3 Billion NeuCoin Pre-Mine
1,000,000,000 NeuCoin = Growth Foundation = i.e. Them
1,000,000,000 NeuCoin = Utility Foundation = i.e. Them and us ? Giveaway survey coins are allocated from here ? and/or ...
" Using an innovative proof-of-stake (PoS) design and economic model, NeuCoin is the first digital currency that will be strategically distributed to all participants who help increase its utility, growth and value:
Some given for free to get consumers started with zero friction - and more awarded for recruiting new users
Some given to companies that make NeuCoin more useful, such as content providers that accept micropayments in NeuCoin, exchanges, and processors
Some sold to investors, with proceeds used to fund user acquisition and utility development "
400,000,000 NeuCoin = Code Foundation i.e. Them ?
200,000,000 NeuCoin = Founders "0.2 billion retained by founders for $1 million of work invested" - N.B. based on the pre-sale valuation of $0.01 = 1 NeuCoin the Founder's got a 50% discount i.e. $0.005
200,000,000 NeuCoin = Angels "0.2 billion sold to strategic angel investors for $1 million cash invested" - N.B. Again, based on the pre-sale valuation these Angels got a 50% discount i.e. $0.005
100,000,000 NeuCoin = Seeders "0.1 billion sold to initial seed investors for $250,000" - N.B. Seeders got a 75% discount on public pre-sale value i.e. $0.0025 per NeuCoin
" In contrast to virtually all previous digital currencies with pre-mines, all NeuCoins held by the founding team, seed and angel investors are subject to strict re-sale provisions for five years (each of these holders may only sell 2% of their holdings per month in the first year, 3% per month in the second year, 4% per month in the third year, 5% per month in year 4, 6% in year 5). "
Are these strict re-sale provisions including or excluding all or any PoS interest ? How can this be verified ? At the initial 100% PoS rate this is potentially irrelevant, even without including the discounted value !
100,000,000 NeuCoin = Public Pre-sale @ $0.01 = 1 NeuCoin (i.e. 1 million USD)
Thus, valuing the pre-mine at 30,000,000 USD
PoW "5 million coins per month during year 1 will be awarded through PoW scrypt mining."
60,000,000 NeuCoin = Total PoW NeuCoin supply over 12 Months
NeuCoin Public Pre-Sale is less than < 3.33% of the total coin base
NeuCoin Total PoW equates to less than < 2% of the total coin base
So, " NeuCoins design answers the nothing at stake argument" , although we might conclude that our "something to stake" is a very slim piece of the NeuCoin pie indeed and that this is fixed from the outset.
However, NeuCoin could actually make for a very stable currency in terms of maintaining value in comparison to say Bitcoin.
Even with the initial 100% PoS percentage if the NeuCoin team is successful in attracting new NeuCoin'ers to the currency and building upon said utility, as they have put forward, then NeuCoin could hold its value overtime quite well and may potentially increase in value long-term as the PoS interest percentage return declines.
I don't see NeuCoin being a high or fast return investment though, as from what I have modeled I think anyone buying into the pre-sale would be very lucky to even double their investment within the first year on the basis of the above.