Yes and well over half of that is just for stores to adapt. Plus a good portion will go here, to vapors. https://vape.digital/forum/showthread.php?tid=1. Thats 60% of the premine put back directly, into the users. Plus the bounties makes for a distribution that will benefit Vape stores, Vape users and crypto miners.

It doesn't really leave much for the developers, servers, upkeep, longterm goals and tasks, tool development, apps, etc. etc.