Edit: PayCon is actually genius btw, because it has the inflation model that PayCoin would have needed to be successful in such that you have even higher inflation but you cannot buy it without knowing that it was built on opensource code without any promises. If you sell you cannot buy it back without paying more, if you own it and are Staking you may not even receive the highest rewards without optimizing your Staking and if you are doing that then you are also developing the Coin, securing it. There is a sweet spot for inflation, to have it moderately high enough that everyone will Stake it but not so high that one person can gain all the advantage or will continually drop the price over time because you want people that will trade it, create volume AND Stake as well. Calling something PayCon as a currency is the whole idea of decentralization in itself, like saying that you don't give a fuck about whether or not people see it as legitimate and it will be a success no matter what people think, got a problem with that? Simple, don't buy it because it's not pretending to be something it's not.
That is the best explanation of Paycoin, sorry I meant Paycon--shit i don't know what i meant - or even read--
I hope maybe some of this may have helped you with your gems project and some insight as to how to navigate the Bitcointalk minefield. I think it was a good idea to hold off on the project until you could gather more information and rework the model, listen to peoples opinions and take on their ideas, there are many companies that pay people to find flaws. I was more using PayCon as an example but to extend on that a little more, it is also about the amount of costs in which the currency is used and sold to pay for infrastructure and it's marketcap, a high marketcap is not necessarily a good thing if it's concentrated among a small group of people. I think you may be able to go with the PayCoin model with separate inflation rates depending on wallets but that tends to be a risk in that it centralizes and causes drama/jealousy and when it's centralized and people need to give you their money in order for you to Stake for them to receive the highest payout, you are being classed as a security and that is a security risk.
For me I do not have that issue with PayCon because someone else made it, I've only made changes and everyone unanimously accepted those changes and bought my own Coins and Staked them like everyone else. If I would have received a benefit from increasing the inflation from 50% per year to 1000% per year then that would have also been offset by donating all my Coins and then buying back what I now own (about 2.6% as you can see on the richlist). Just don't put yourself in the situation where you can possibly see some kind of legal action for the things you do, and be as transparent as you can.