Nope this is the first day

No, day 3. The block reward is already 50.
I can confirm this. The blocks I did manage to mine gave me a reward of 50 MNC, as you can see in the bit of debug.log I posted.
As for whether this is safe or not, I can't really vouch for it, so perhaps someone else with a greater expertise can poke around the available binary a bit further. Either way, I think it's just a big waste of time. It's just Litecoin with a few gimmicks tacked on and what essentially became a distributed premine.