Creating a new coin has a major problem. Steem was mined. Ninja or not, they listed how to mine it on a forum page and that's how it was done then. How do you mine spork? It has to be engineered in a way that's fair and doesn't have abusers coming for the coins. I'm totally for something like this but that's the problem I see. The SEC hates ICO and so does coinbase. The ICO space is so crazy it's easy for decentralized projects to get caught up and removed from the exchanges. Also how do you get this onto exchanges? they often charge 100,000 usd each. That becomes a problem. Then you have coinmarketcap, they want their cut, and so do many others just for a spot on the board.