200000 premine...
this is going to be painful, at some point

They are paying bounties with the premine, and if you look at the price, it isn't very expensive to just buy that much right now. /shrug
In my estimation if it were as scam they could have just gone with an ICO and done much better. Website looks polished, no red flags for that I was looking for, looks like a real site... and the dev seems pretty cool. So I actually like this one and hope it works out.