Of course its a scam, but in the cryproworld its just another one to add to the ever growing list.
It originaly launched a few minutes before the official launch time on the 18th January 9:58 (5pm EST)
Because the code was full of bugs a restart was necessary, it then officially launched at 11pm EST
The coin was 5 min old the first screams of instamine
.
So we finally mate it to the active blockchain. The dev mate sure it is the worst possible launch time for Europe and America, but he at least it was a good time for Kiribati. Sunday at 4 am in the morning is a sure time you find most miners waiting for a launch.
The coin is barly a few minutes old and the dev is already throwing the coins by the thousands
Yes its raining coins, but he enjoy it will it lasts.
If the dev would have been serious about the instamine he would have relaunched after having discovered yet another bug, after all it was done before. Equally the dev is flat out lying in his claim the algo it is ASIC resistant and it being anonym. All it does is displaying his true character.