CommunityCoin (COMM) is a Proof of Stake cryptocurrency. It is initially distributed to a group of qualified and experienced people in the cryptocurrency space both marketers and developers.
The argument as to why it should be distributed that way is based on the premise that experienced holders of CommunityCoin will be able to better strengthen the currency. They will be able to contribute more over time and they understood how to distribute the coins to the wider majority of people.
Developers of the CommunityCoin team get an equal stake as compared to the founders of the coin.
Further distribution is done by means of gifts, bounties, and normal trading.
CommunityCoin is traded on major exchanges such as Cryptsy and Mintpal.