I am mining straight to wallet too. I don't think it is a scam, but it certainly is another one of the plethora of DASH clones that have emerged in the last 3-6 months, with masternodes getting a big share of the mined pie. It all looks to me like it's not likely to work - DASH already has this model sown up. Something like 75-80% of masternodes in the world are DASH masternodes, and DASH has many years of established community and development, not to mention that DASH is $500+ and when most of the DASH masternodes were created it was when DASH was $5-$10 or even less.

 What I think is happening is that developers of one of these clones see that they can premine, or at least be the first to mine at tiny difficulty, then they can set up the majority of the masternodes and then "scoop the cream" off the top of all the people like me who are actually mining, when all they have to do is get lots of almost free coins at the beginning, set up masternodes and then reap that reward, until it looks like the price is not sustainable, then they just dump. Or if the price stays sustainable (like PIVX) they just keep getting the masternode reward. All they have to do is stake whatever amount and run a $10/month VPS and they get 40, 50 or in some cases 80 percent of what is mined.

There are SO MANY of these now, many of them neoscrypt based. It isn't exactly a scam but it seems very parasitic to me.