1% premine + 5 coin per block?
That's huge.
It means that besides premine, dev can earn additional 0.3 btc per day for nothing until end of POW.
How does 5 coins per block calculate to 0.3 BTC per day??
60sec per 5coins x 60min x 24h = 7200coins
If it's incorrect, still dev gets 216,000 coins at the end of POW. (43200 POW block x 5 coins)
Wow! It's more than the premine 1%
Total worth will be over 17btc at present price. Make coin, make money.