DeepOnion , Why An Airdrop & Bounties And Not An ICO!

So if you haven't heard about it, DeepOnion is a privacy & anonymous coin , which provides user anonymity by hiding their IP trace using the TOR network.There are many unique features coming with DeepOnion(Read their WhitePaper : https://deeponion.org/White-Paper.pdf or go to their website : www.deeponion.or for more info).

DeepOnion coin uses a Proof of Stake and Proof of Work to authenticate its transactions, thus making a equality of users and miners, also holders of the coin it self get the ability to profit out of proving some transactions on their running wallet on their home desktop or laptop, thus meaning holding more coins gives you more opportunity to profit more.

DeepOnion uses an airdrop & bounty system to distribute the coins to the community and coin holders instead of using an Initial Coin Offering(ICO) system for many various reasons, starting we need to mention that the distribution(Airdrop+bounties) system is built on a pre-mined coins, 18,000,000 $onions to be exact, and the total max supply will only reach 25,000,000 $onions, thus only 7 million coins mine able, 2 million coins will be mine able by PoW, and the other 5 million coins will be mine able through PoS. Okay now that we attended to how much and how many will be distributed in the DeepOnion distribution system, it's time to explain the reasons and logic behind choosing airdrop approach rather than ICO one.

When we speak about ICO, we will speak about basically a sale of a limited product, we need to take in consideration in that case that the coins will be estimated worth no where to the realistic potential it can reach, also by providing a sale you give the ability to only few people to receive this coin, and it all can be bought out by one whale which will control the price as he pleases, even if you limit the buying limit, users which will receive the coins are far less than those who will get them using a normal distribution system, also for a privacy coin to be exposed to KYC details means compromising the whole Idea of being an anonymous coin.

Now on the other hand the choice to make it airdropped and distributed according to ones holdings,earnings is far more opportunity giving and making the coin value far more valuable than the normal ICO approach is doing it, because in a distribution system you cannot buy all the coins at once, you will be receiving the same percentage as everyone else according to the airdrop, You will be getting more onions if you're holding more onions because percentage you will be receiving is out of those coins you're holding, meaning You earned 100 onions on the bounties system and joined the airdrop thus you will be getting 5% of those 100 onions each week of the airdrop.

Also the logic of a currency starting from 1$ like in ICO's is rather illogical as the coin it self just being offered why would you pay 1$ or 50$ for the coins , the true value of a coin should always start out of 0, and work its way up to its true value, you cannot just anticipate how much bitcoin will be or should have started with, but you can always know that its value should be determined on how useful it is, and not just by how the creators estimated it to be, thus a distribution by bounties or Airdrop system, gives the coin a value worth of the work being produced by the users earning it, thus giving the coin a value by working for it.

DeepOnion uses a unique system of an airdrop which was created by its creators, I'm going to quote the actual website info about it and elaborate about it:
(0) Total Premined 18,000,000
(1A) Airdrop Rounds 1-15: 3,200,000
(1B) Airdrop Round 16-40: 6,800,000
Round 16-30: 250,000 each
Round 31-39: 300,000 each
Round 40: 350,000
In addition, to reward participation at the DeepOnion forum community, 10% of each week's airdrop will be used for events in the DeepOnion forum. The remaining 90% will be directly airdrop.
(2) Bounty Fund: 3,000,000
Currently, the balance stands at 2,600,000 after various bounties, events, rewards and distributions. This fund is used to reward contributions such as articles, videos, significant contributions that help DeepOnion and its community, and is also used to support potential new merchants that use DeepOnion.
(3) Founders reward: 2,000,000
(4) Development fund: 3,000,000
eg for smart contract, and other new features development. The usage of this fund will be determined by the community via VoteCentral.
(1A)+(1B)+(2)+(3)+(4) = 18,000,000 = (0)

For more info about the airdrop on deeponion read more here : https://deeponion.org/airdrop.html

The bounties system is a perfect way to deliver the coins to the users who cannot afford to buy it , but yet are willing to put some effort and work to advertise the coin it self and contribute to it thus making the value of the coin increase by hard work and sweat rather than a fiat currency only.

As you can see above that explains all the coins that are pre-mined , and where they will be going thus the airdrop system provides full transparency about its project in my opinion and not as shady as ICOs tend to be, also extending the period of an airdrop while the coins being able to be used and advertised thus coins reaching everyone that hear about the coin making it more popular and more efficient system against an ICO system which only relays on the marketing system sponsored on sites.

Thanks for reading till the very end , I expect your comment and I will gladly answer any of the questions you ask.