Luckybit uses some red-flag words that I personally believe no coin should associate itself with.  Crypto-followers definitely didn't rally behind the nascent world of these coins hoping to follow the same, old, fiat trails on that vector.  When I start seeing terms like IPOs, syndicate, pre-release (other thread), I also hear, "Danger, Danger Will Robinson!"  We could call it "The 1%ers Coin."

As I don't believe that is the intended direction of crypto-currency, in general, I do not believe that is the direction of this one, either. There are legitimate ideas in his recent thread, but they're perhaps difficult to see below the text. Early organization is important, but I'm not certain we can't refine these ideas to be more popular among the community.