I bet there are people who cry that tonych holds a big percentage of the total supply, meanwhile they are invested in ripple. Even coins that are not "held" by the devs, are premined or instamined (like dash) and nobody seems to give a fuck. The double standard is very high in crypto. I have never been disappointed in tonych, he never under delivered, he didn't promise you airdrops, he promised to announce whether or not the airdrop will happen in march. I was in support of stopping the airdrop before the summer as it did not increase the user base at all. Burning the rest of the coins is a bad idea, locking them for development/marketing/bounties is the way to go. Look at dash, pivx, decred and a million other projects that directly take a percentage of every new block (and have huge instamines that happened years ago), if people agree with that, then I have no clue why people cry here? I wish byteball was never freely distributed, as much as I hate ICOs, I wish it made one, would never have the "problems" it has now.
If Byteball was an ICO it probably would have a better chance to succeed,if it was an ICO it would have already finished the distribution one year ago iota had an ICO and it doesnt have the distribution problem now Railblocks (Nano) had free distribution and they have finished the distribution byteball doesnt seem to want to move on either do a damn ico or finish the free distribution just do it and move on to the next step obviously he cant do an ico now because that will crash the price and that wont be fair for people who bought byteball so the only option left is to finish the free distribution ASAP and with new distribution methods it will take forever.
It's trying to follow Metcalfe's law, so ICO would not be a good idea.
There will be no ICO, no crowdsale. I believe the success of a currency depends on the number of people who own it, in fact Peter Rs research suggests that historical marketcap of Bitcoin follows
Metcalfe's law:
https://bitcointalk.org/index.php?topic=572106.0, i.e. it is proportional to the square of the number of active users. Thats why I want Bytes to be in the hands of as many people as possible