Why o you call it a scam?
Because masternodes are anonymous and there's no way to prevent a Sybil attack. The behavior of the developers in the formation of the coin strongly suggests that they control the vast majority of masternodes.
The question is, is there a limit to the number of masternodes? If it is, that is suspicious because it means that the initial ppl have an incentive to pump up the price. We may be seeing that with the masternodes controlling the general treasury (eg, focusing on marketing instead of product). The # of masternodes should based on supply and demand, and no restriction on new entry, as it is with bitcoin mining (whose limit is only based on market factors).
If an individual or small number of people are controlling most of the masternodes, it will result in currency problems.