Ok, it's nice to know another coing birth.
Since the developers stated that they do not ask any short-term reward, this means no pre-mine and no IPO, correct?
I guess it's just too good to be true to satisfy a team of 8 developers without any IPO/pre-mine though...
Do you honestly think people are working for free? Oh yeah I'll just develop a coin and not get paid for my time. No premine is ridiculous on a truly innovative coin because it leaves the creator of the coin no financial compensation for his time and efforts.