After checking all the content provided on the ANN, I can give my unbiased insight on the legitimacy of Atlascoin.
Every aspect of the coin looks legitimate; Whitepaper, Explorer, website, webwallet, all qtwallets, sourcecode...
Yet the premine amount is a bit large and unjustified. You said the premine will be distributed as bounties and expenses, which seems unreasonable. 15% is almost 40 million coin out of 300 million coin! Anyway I know you personally Mr Aziz and I trust your project, but I didn't buy any coin from the webwallet yet. I've already voted for the listing of Atlascoin on c-cex.com. Waiting for your reply!
We'll start bounty distribution as soon as we get Atlascoin listed on an exchange. Let me remind you that Atlascoin us a community-based cryptocurrency. Many things will eventually change to cater for the growing number of adherents: ANN will be edited, Roadmap will be posted, Android and iOS wallet will be made...and many other new updates... Stay tuned!!