why should'nt the dev have some of his own coin? if he have 1 million of 100 million when POS ends. Why not? If he deliver what he promise then he deserves a bigger piece of the cake. Dont you think? the only problem i see is if he dumps them all at once. then he crashs the marked.
Man one thing is to have 2 mil of 100 mil when POS ends, and another thing is to have 2 mil of 12 mil when POW ends. Got my point?
So basically POS interest is 15% per year.
First year total coins, after POW : 12.000.000
Premine after POW period (2-3 weeks) : 2.000.000 (16.6%)
After that, wait 7 years for POS.
LOL
*edit* while dev is associated with big time scammers. cool story*