I also read it that A.I. Coin would tie into bitcoin's ledger (ie, the utxo-set). I'm disappointed its turned into another IPO. Another IPO/ICO is the last thing most people want considering all the rip offs over the previous 12 months.
Most coins end up turning into IPO/ICO due to the developers wanting instant riches.
My suggestion:
Copy the bitcoin coin release so far 1:1 and IPO/ICO the leftover coins from the ones that haven't been mined yet.
This keeps all the current Bitcoin players in the game and creates a larger community incentive.
You still have 7 million coins to sell at IPO/ICO .