I guess everyone must be blind with regards to UniversityCoin.

Lets lay the facts out:

Coins Mined From 1 Week PoW: 9.5m UVC
Marketing Fund (Premine): 0.5% (Block 1 - 50)

0.5% premine of 9.5 million coins = 47,500 UVC

Here is the dev's premine address: http://cryptexplorer.com/address/UYgbV5zjw4hMNWzDhVKZvNzixuc2pxSsdG

Block 1: 500,000 UVC (FIVE PERCENT pre-mine)

this 500,000 has since been sold off/given off it appears with multiple addresses.

jebus911 - your team can literally take this over it appears this dev is a piece of shit.

This coin was a scam from the start.