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XIO proposes an interesting way to distribute tokens during launch

The proposed solution is similar to how Bitcoin and other proof of work blockchains distribute their coins. However, instead of using computational power and electricity cost as your “work”, you stake alternative assets to show your faith/commitment/support of a project.

Proportional to your stake (just like mining is proportional), you’re rewarded in native tokens.

Do you think this proof of stake token distribution model is feasible? Is it more fair than the current system or can I be gamed just as easy? Do you know of any projects who have done this?

What do you think?

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