I'll say up front I haven't read the whole thread.
Here is my problem with 99% of new altcoins. They are just ideas. Someone has a big idea, makes a coin, gets it on an exchange as quick as possible and most of the time the coin pumps and dumps and dies. In my opinion for an alt coin right now to succeed a lot work must be done before it's announced and mined. Software must be developed, games/casino/etc up the minute the coin launches, debit/credit cards with coins available right away, the blockchain and all wallets pre-made, etc.
So many coins come out with nothing but a plan, gets some coins, makes some BTC and decided it's too much work to actually do what was purposed or never planned on doing it anyways. There needs to be better use-ability in the now and not just in the present. Just my 2 cents.
Definitely agree with that. I just saw an IPO for something I think is called Checkcoin, and I thought the idea was really good and has huge potential, but I can't really justify giving them any money because it was exactly what you described - purely an idea with no evidence that they've done anything yet or that they are capable of doing what they say.
I did agree with your statement but after having mail contact i was pretty convinced that these guys are really trying to pull this thing off the ground, and just to make sure that this is not another scam team i tried to call them and that also was a success. I spoke to the same guy that mailed me. I asked them again about the future plans and what the plans are considering the IPO. They told me everything that they were planning to do and specified almost every investment they needed to do to let this idea be a success. So Im pretty convinced that this could be a good investment and a great idea for the crypto world. After all the confirmations I feel very comfortable to invest so I invested 1 btc for 25.000 Checkcoin.