The owner of this coin has the premine to fund development, I am being paid to continue develop this coin as the owner has a premine to that allows him to pay me.
If there was no premine then I would not have been able to be brought on to fix the masternodes, and I would not be able to continue to support and update this coin.

Many coins have an ICO or premine to fund development this coin is no different, you can see that as a good thing or a bad thing. thats up to you