Firstly, I want to say that this is an interesting project and I wish I heard about it sooner. The protocols are a bit clunky but it's certainly worth watching. They decided that they could hand out invitations without doing any work for it.
So yes, you're right, they just opened up access to unlimited coins 2 times a month.
Greed. Inexhaustible greed.
I am on the Flip School telegram channel and read all messages.
And there is no hard work from the "teachers". 1-2 times a day they write something like - "yes, this is a good flip" or "no, this flip is bad, replace the pictures."
And this happens sooooo rarely.
So don't lie about hard work.
Let's not forget that they built the wallet and the first PoP blockchain network...
They've also created multiple articles on Medium to clearly explain their protocol. I can already tell that they put a lot of work already into this early on. (Probably to focus on development as this is a novel idea).
Developers can pay anyone and as many coins as they want, BUT only from 521k coins, which were intended for these purposes.
They do not have the right to get free coins out of thin air and use them on the network.
Anyone is free to judge it...
but this wasn't an ICO (and if it were an ICO, you would have a solid point as these would have been allocated funds that were taken from investors, however all the value that is evaluated to this coin is being built by their hard work to make Idena). So tell me, are you really trying to 'gate keep' the usage of rewards embedded in Idenas protocol against the
team that founded the project because "they do not have the right to get free coins and use them"?