You need to do a bit of reading. There was no premine for the dev. 50% premine was for the IPO and that is still open. Anyone can still buy a seat in the House and be able to vote on things related to the coin...such as buying ASIC miners. HOC is setup so the voters control what happens, and to vote all you need is coins in your wallet. If people don't wish to buy a seat, they can still mine and sell their coins at what should be a much higher rate than other coins get. Right now, no one is even wanting to sell at any price.

You seriously don't understand the concept. But frankly no one cares what you think or if HOC is on your list. Self appointed guardians of the crypto world are laughable.