It will not be an ICO. The distribution will be mined by the users without any PoW.
It is just time.
I'm not sure how can this be made to not be abused (single user mining 10k addresses, VPN, whatever), I hope that your design handles that.
Also my post can be interpreted as an attempt to influence Core and BU to compromise and stop messing up the nice rally we had going.
Good luck with that. While I still hope myself for a good compromise, somehow I believe that they are past that point
