I dont like how 52 MILL coins are already in circulation. This sounds like a P&D. I will be watching and research more however.
How do you feel about something like ETH, then? There are 90 million ETH (increasing at 18 million a year)....
If it's a P&D, it's the slowest P&D in the history of crypto--PIVX has been around since 2015, after all. Good that you're doing your research, though.