Neucoin Centralisation?

[bitkilo]

I first heard of Neucoin when i seen them offering some free coins to people that sign up about 12 months ago or more, since then i have always seen heaps of adds and stories all over the net regarding Neucoin but never paid too much attention.

It sure looks like they are putting a lot of $ into publicity and news article headers like this get your attention:
‘Neucoin Will Have More Consumers Using It Than Bitcoin within One Year’ - Founder
but will the coin be any good, will it be adopted by users?

I read this article in Cointelegraph.com today:
http://cointelegraph.com/news/115389/ne ... ar-founder

Quotes from article:

1) NeuCoin’s development and projects to increase the coin’s utility is handled by three independent non-profit foundations (the so-called Code, Growth and Utility foundations) based on the Isle of Man. The foundations were created with the objective of making support for the cryptocurrency decentralized.

According to official NeuCoin summary: “The foundations are overseen by independent Council Members and Advisors, but are ultimately controlled by coin holders (1 coin = 1 vote). This structure makes NeuCoin more decentralized and accountable than Bitcoin, Ripple or Stellar."

2) The fact that team and angel investors can not sell their coins easily in the first 5 years period should help to avoid many problems that many other altcoins have faced – sometimes large investors simply liquidated their coins resulting in the so-called pump-n-dump and the ultimate demise of the cryptocurrency.

The whole idea sounds interesting to say the least. 1 coin = 1 vote - sure that will stay decentralised over time.
Angle investors cannot sell "easily" for the first 5 years - what does "easily" mean, will they have to do it on the sly or does it just mean that there will be a heap of red tape to cut through?

[Gizfreak]

I'm very disappointed by the way things evolve around NeuCoin.
I am following them from the day I saw their survey, months and months ago.
What I now experience is a total lack of transparancy and a way to attract especially newcomers to the cryptoscene into an online wallet called "Growth Account".
Yeah, they also released a QT wallet, but that one is designed to get staking running as hard as can be.
Imo they are trying to get it as centralized as possible, for what reason ever (I have my thoughts, but nvm).
This is against the basic thought of all that is called cryptocurrency, namely decentralization.

[Ishotas]

I also noticed the (obviously paid) articles with outrageous claims. A skim through the article's comments and ANN thread (https://bitcointalk.org/index.php?topic=944933.0) shows all sorts of red flags - centralization, censorship, no innovation, founder sued for spyware before, anonymous offshores, lack of transparency, and the list goes on.
All hype no results, everything indicates price will take a nose dive soon.

This whole thing reeks of disaster

[box0214]

more and more of these will try to find a niche. what about factcom? their idea seems solid.

[kingscrown]

they never sent me free coins they promised for their "quiz", i dont like this one