Post
Topic
Board Announcements (Altcoins)
Re: {ANN} MorCoin - POS 5M Max! - Distribution begins 6/29/14 11pm EST !!!
by
OneMor
on 29/06/2014, 15:48:32 UTC
Uh... nice coin but .. but.. Can I partecipate? Smiley

Unfortunately the only way for a newbie status member to participate is through the purchase of shares.

IMHO, it would be illogical.

From the OP:
"We are capping share purchases to one purchase per account with a maximum investment of 20 mBTC."
[...]
"We Decided to cap the IPO to precaution prevent a small number of investors from holding a Majority of the coins."

So if you use the requirement of being a Junior to get the "free shares", and in doing so you recognize what are the
real users, and which probably only several puppets created at the time by a single user, then this requirement for
investors should be an even more stringent constraint.

Or Not?

Very fair assessment. Truthfully, I haven't seen activity that indicates that is occuring.