What is the relationship between this coin's devs and PayCoin (XPY) ?
Initial coin supply: 10,900,000 IONs
5 million IONs will be available through the Initial Coin Offering (ICO) in exchange for BTC and a wide selection of other cryptocurrencies.
3.4 million IONs are allocated to ionomy.com and shall be distributed as structured incentives to gamers through the gaming applications designed by ionomy.com.
2.5 million IONs are reserved to pay bounties for coin development.
This doesn't look like a fair distribution as only half of the initial coins go to ICO investors.