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…in reply to @simonw
simonw I believe it accepted PoW (btc) at the time, yes (2016, way before a lot of us got on board). But the ICO is a small part of the ecosystem lifecycle. Check the variation of initial allocations for several projects.
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…in reply to @andr3
simonw As to the motivation behind PoS, the usual recommendation is to watch the whiteboard video from 3 years ago at roadmap.cardano.org/en/ (And Cardano isn’t the only PoS but is a reference in the space with somewhat of a noble mission of banking the unbanked around the world.)
