I'm just going to put this out there since every altcoin scammer is piling on this topic to try to pump their shit:
If there are ANY of the following words associated with an altcoin, it is shit-tier:
- presale
- IPO
- proof-of-[anything but work]
- staking
- affiliate
- masternode
- pump
- interest
- shares
So far the only valid 'proof' discovered that can scale economically is proof-of-work. Proof-of-stake is flawed for a currency until further notice.
Coins with PoW that waste a ton of electricity sure are the future right? Nothing gets investors excited like a coin that requires ever expanding resources in order to secure the network.