@nuancedthought: Did you read

I HAVE LEGIT CONCERNS

They seem to be printing endless money.

The total max is 900 billion and no one can change that now you just have to trust. And given their math there seems to be NO reason for 900 billion. 100 million even at 10% forever inflation would take exactly 25 years just to use 1 billion. Sooo sketchy to have 900 billion.

60 million tokens just in the initial round just for being sold... for why? Why? they did not give a reason why they're selling 60 million tokens. Setting it to 1:1 steem is kinda nice for consistency sake. But it's also crazy because looking at the rest of the math how do they ever think it's gonna be even close to 1 steem? Am i missing something. Did they just wanna issue 60 million so that the interest for POB is better?

The reason for 60 million sell wall is apparently not to reward the people who made this thing because they already have a system to reward their team 25k the first month with 10k every month after. I would like to know what those team members actually do to deserve the money or is it just because they thought of it... i mean if that's the reason then the rest of us should know so that we know what to value this and with 10x10,000 coming in every month from people who have apparently no restraints to sell or stake they then either devalue the currency or devalue the rest of everyone's votes as they quickly become influential whales simply because they made the project. Which is their prerogative but just so everyone knows this.

And then miners. WHY? They already have an inflated pool from team income and a 60 million sell wall. Now a miner? Why? What purpose? Are they going to develop something awesome with it?

Then 10 million to the creativecoin account which seems to be the mechanism for future improvements. Meaning what the hell was all the other money for? I wished it was for improvements but this seems to be the mechanism. And then considering 900B tokens actually 10 million seems way low to be honest.

They're not going after outside accounts for the airdrop that's not bad just let it sink in. The airdrop is for 4500 steem users. Is this an internal steemians only system? That's not a very creative idea.

Their inflation isn't bad at 10% declining down to 4% i mean i guess i should say some nice things.

But back to the management team stuff... soooo much tokens. The hell? If you're gonna put that much towards it put some effort into selling why the hell you're giving them that much money. Like do they jack eachother off and therefore it's so hard work they gotta get paid? Doesn't sound like the coin needs you guys at all from what i can tell. Sell us on it. Make a reason. And the mining? Why does the coin need mining?

Why don't you get us really excited and tell us how you're going to bring in outside talent with all this funny money.

And why 60:40 distribution on votes? You worried about vote selling? I mean you have a curation system with this notcreative account. And btw is that your only moderation ability? You also have some people that apparently will quickly become whales ... maybe that can be their work making sure people don't abbuse the system. Another mechanism for easy first whales to get fast money.

there will quickly be 100 million tokens with 4500 accounts getting about 4000 tokens yes? Well if they're all voting equally that's cool. BUT... of the other 100 million tokens what else will be staked and voting? Team members allowed to stake and vote with their quick 25k tokens?

Also while i'm at it if they have issued 100 million and are doing 10% inflation then if i'm not mistaken thats about 27k coins a day being distributed ... and you can already see how much is being pumped out with each post getting dumped on crazy amounts of coins. That leads to inequalities towards early adopters. It also devalues the idea of a 4000 coin drop when so much is being pumped out to so few people.

Creative people aren't good at maths i hope you're not trying to take advantage of them. They don't need another scheme they need another way for them to work hard for their monies they're good at working hard and making this world better, that's why they're creatives and not business people.

I hope something else comes around that has a better plan.
Also if anything i wrote about comes from an area of misunderstanding about this white paper then take that as a critique on how the paper can improve.