you can mine this coin with just 25M hash rate/day then you will get 1000 ten-five coin, that about 10btc based the ipo price.
but 25M/day do not worth 10BTC
so the reasonable ipo price may be 1BTC=1000 ten-five coins
The Developer of this coin said that he was doing this to make money, not to make a good coin. Nothing about 10-5 is innovative or new.
dev now have a plan for the ipo buyer, will wait to see.
My reasonable guess is that they didn't sell all the IPO coins, because there is not enough buyers.
42000 coins=420BTC
What they have done is just copy and paste the vertcoin.
Even Pandacoin was better than this steaming dog turd.