TheMightyX, while you have
very few valid points, Premine & suspicious [non-public] IPOs never was & never will be a "norm" in future. this is just gold-fever with noobz to lose their money.
unless for retarded people, yes i said
retarded people, whom believe in cartoons & super-heroes which thinks that some faceless troll [an unknown dev] will give away 50% pre-mine [
300,000,000 $ in current price] just becoz he is a nice guy !!

[yes i am talking about the biggest scam ever; AKA auroracoin, lol]
~ adaptive-N can have some benefits, but its basically a "Hyped" PoW with no
real use in future. & we don't need v2.0 hype, kitteh was one of the very few that launched in a fever of crapcoins & never was a "hyped"or a "P&D" coin like many other scamcoins.
TheMightyX, however your frustration is totally understandable, & kitteh could do alot better.
~ peAce