Will this be POW initial distribution? If so X11 is a bad idea as it will just get raped by mining farms.
I'm picking X11 because of CPU friendly meaning that many can mine it. You don't need specialized hardware just CPU power. Plus it's probably the securist algo at this current time apart from SHA-256. Network needs to be secure otherwise it will be useless.
X11 hashing hasnt been cpu friendly since 2 weeks after Xcoin (Xcurrency) launched in January 2014... you can get 1G/hash for .37BTC a day on miningrigrentals right now. and would struggle to get 1Mhash out of a cpu?
edit to add:
you know launching a stable x11 coin will be a gpu rape festival like everything else thats launched lately.
ethereum has cpu/gpu and ive been cpu mining since friday with no luck, it'll only get worse once gpu documentation spills out in a more digestible format
It's not going to be a 24 hour mining period, the mining period will have to last for years to make POW security even moderately feasible, unless POS method is used, then rich get richer etc.
The good thing about x11 it has a number of algos inside it it will be hard to crack them even with most advanced computing methods.