How is this more fair than Ethereum? 11 MM reserve vs 12 MM?
It's strange that you guys paint the ico as something negative. ICO investors take a lot of risk. At current Ethereum price that'ss less than a 3x return. I personally would not take that kind of risk for 3x with funds locked up for a year and a half. Instead you guys use the code and claim it is somehow more fair? Also, your 11MM reserve is much more of a percentage than ETH. If you go POS after a year like ETH, most of the coins will belong to you. Kinda like Ripple.
Anyway, I'm glad you guys are here as competition is good-- It' just asinine to call it more fair.
I think you are misunderstanding something. "Fair launch" was about announcing it well in advance and having a testnet beforehand, this is somewhat unusual for Bitcointalk in general, but has nothing whatsoever to do with the Ethereum launch, or the Ethereum premine, or the Ethereum ICO money.
Not having an ICO means we have to create the value for it to be successful, people can just mine it if they want. It is just a different plan, that doesn't mean all ICOs are bad. The DAO is also very different as the community will literally determine the future.
Open source platforms are all about using the best ideas and trying different things. That is what we are doing.