Could be a nice project lookin to community , algo and distribution....but we are in ages of dumpers and scam...will come back later. Good luck anyway!
The dev team are straight up guys, I've been mining in their GRLC pool for months. You won't be sorry.
There was no premine, no master nodes, no ICO. Really no way for them to cheat.
I totally agree with you. Masternodes were fully of scams. Also this algorithm that they've choose is great. I support them also by gpu mining because eth mining as for now is too low for earning.