I always thought that having wide distribution has huge benefit to a coin, especially PoS coin.
But recently someone told me that it has only slight benefit.
I thought that widely distributed coin will not have risks of pumps and consequently dumps.
Some debate that AUR was widely distributed and dumped.
I object saying that it was initially pumped only because of poor initial distribution before airdrop and also did not have useful features.
If it had same qualities as Ether or NXT and was not allowed to be traded before airdrop is finished then it would not be pumped dumped.
its success how it can be based on your plan then only it make some sense to distribute them otherwise in most of the time we cannot know which will be the best idea to execute them.
with broad distribution, of course there are many investors who hold it, so it will be more difficult to influence their minds to be in line and do what we want. so that the market will look healthier