Mining this coin is just electricity wasting.

It will never succeed cause its just a copy-paste project. It introduces absolutely nothing...

What is the worst - its premined - so as soon as it gain any value the dev will dump his premine.

YescryptR16 isn't "GPU slower than CPU" type of algo... That sentence was reffering to yespower algorithm.

In fact YescryptR16 on GPU has Huuuuge advandtage over CPU so mining it on CPU you are taking part in unfair battle.

Partnerships with gold merchants ??  Are you kidding me ?  Go to "gold merchant" and tell him : "hi, im living in my mommas basement and i copy-pasted a crypto coin ... would you like to trade some gold for it ?" 

The dev of this coin thinks he can catch few idiots and sell them his premine...