Just took a closer look at Byteball's distribution scheme (because someone posted and ask me to) and realized the developer did a sneaky form of premine (he wasn't totally honest and transparent):
The first round of Byteball was awarding 1 GB for each 0.7 BTC. The 4th round is only awarding 0.0625 GB for each 1 BTC. So apparently the distribution is nearly completed.
So the developer/creator of Byteball (named Tony) was very sneaky. He said his premine for himself was only 2%, but in effect it will be more than 10% (currently 14.6%) because less than 20% of the total planned supply will ever be issued.
I have nothing against the developer taking a premine for himself, but deceiving the community and obscuring the level of the premine is not what I expected from Tony. I thought he had a high level of ethics. He is acting like he is being altruistic by distributing it for free to existing BTC holders, but in reality he devised a scheme to obscure the computation of his actual premine level as percentage of the actually issued supply.
Note
Iconomi apparently got another
roughly 15% 10%, so nearly 25% owned by just two entities.