For me this is big red light.
Premined, MN and copying code and deleting copyrights .. that is too much...
It is very sad when they do that.
I think it will be really wise not to support something like this. Author copy/pasted another coin, deleted Copyright information, premined it, created MN to sell his premined coins...
It's very sad as i had faith in this coin when it first came out, following bitcointalk, discord, etc. Then i seen all this break out, i had a masternode but switched over to a newer POS+MN coin. I was missing masternode payments with Veco sometimes getting only one payment in 36 hours. That's not enough for me to make some coin and to support my VPS even at only $5 a month.
With this new coin, i'm currently staking with a very low amount over only $15 and within a day i already got three POS payments. I'm going to switch to a masternode once i make enough with my POS payments, but might even stay at POS.
I'm not bashing the Veco devs here as i wish them all the best but a lot of people probably already lost faith in this coin.