I'm always interested in where cryptocurrencies get distributed at the beginning. I know you mentioned that it was a pre-distributed currency and I started doing some research on it. I saw somewhere (actually a steemit article came up) that the currency was originally mined through performing captchas over and over again. Do you know if there is any truth to this?
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Yes, that is correct. I'm afraid there was just too much information on this token to present everything to know about it. I'm happy you've looked into it a bit yourself, so that I'm not the only one who has researched RaiBlocks!
I really like the idea of using captchas honestly. Makes it so that it is not automated and anyone with a computer or smart device can join in on mining the currency. Makes it a level playing field so it isn't about who has the biggest GPU or CPU.