yep, pretty sure 5 % share went to developers involved who basically put in 1 bitcoin and recieved 50 million coins,
Everyone was free to deposit 1 BTC. Rules were the same for everyone. (even though there is no evidence BXNext put 1 BTC).
who then decided to arubtly close off the auction
whereas only 2 % is going to developers, and the rest has been distributed
The IPO was open for 2 fucking month -- a lot longer than Nem IPO.
No need for cursing. Keep it civil please.
The NXT IPO was closed early and without notice (that is a fact). That shut out a lot of potential investors who were waiting until the last minute to invest. They, understandably, wanted to get as much information as possible before investing. Let's not dwell on this because it is in the past, but it did happen.