I emphasized the important sentence -> The team will do everything to make the value go up.
This is planned because that way and with the vast majority of coins under their control for a really long time, they can get rich slowly and consistently.
You call it smart, I call it reckless and greedy.
I don't see it as reckless and greedy at all. I see it as responsible and fair. A smart way to create steady, long term growth that benefits everyone who owns coins, with some mechanisms in place to prevent big holders from dumping.
A slow, steady rise in value prevents P&D, is good for the coin and will help it grow even more (more consumers, more services), and therefore good for all holders. No pump, no dump - just steady growth.
And remember, the reason it would even go up in value in the first place is all the stuff the foundations are doing - distrubution to stimulate new services, acquiring lots of users, integrating with mobile games, etc. And the reason it won't tank is because of the restrictions.
If the creators get rich this way who cares? Everyone else gets rich too! Because it's a smart structure and there is no dump.