This is misleading. Dev needs to state that there is in fact a 1% premine. Its just not generated in the first block thats all. After 7 days of mining then the 1% will exist for the dev. Same shit IMO.
How much dev must take for support, promote, etc in your opinion?
I see many devs who just dropped their coin and dissapear. Maybe reward for support is fair? But
if dev supports his coin. Otherwise, if dev just waiting for community make his job this is not good. I'm not defending, just curious.