You are insane advocating ninja launches jsut because you mined a couple of blocks.
Ninja launches allow the devs and friends total domination of the chain.... and yes they can mine 1000's of blocks in just a few mins.
You obviously been on a chain without other miners? you can get 500 blocks in 2 or 3 mins.
Ninja launches are simply an open opportunity for the devs to instamine 1000's of blocks with zero competition. The fact this launch was done at this time shows planned scamming.
I'm advocating that there should be both kinds of launches. Pre-announced launches where people who do mining as full-time job can get their coins and trade them to BTC, and also "ninja launches" where those who have no business in pre-ann launches can get a lot of coins if they just get their timing lucky.
I missed the launch by 1 hour. Managed to mine a bit over 100 blocks with my modest rig so I'm reasonably happy. If I had missed it by 10 hours, I would've been sad but accepted my bad luck that time.