Lol...where is the evidence it is a scamcoin?  The dev had an extremely brilliant idea.  Success of the coin depends on the uptake of the coin.  If the dev wanted to steal the coins reserved for the icelandic folk, he would have by now.

I think this blew up much more and much quicker than the dev had initially anticipated. The final outcome is yet to be determined, but this definitely IMHO was not intended to be a scamcoin.

It helps to actually have a differentiated distribution method from the majority of BS altcoins