Unless someone can review the code and see that this isnt just a total rip off some other coin then it is 100% a scam.
You are correct on one thing, we are spending the premine on bounties for Singularity, over 18 people have been paid for services, its getting split up...into the public's wallets. Not every team/coin is a scam though I know we have all been burned at some point. I was gullible enough to fall for stackcoin personally, and I still kick myself today. We have made good on our word, and will continue to improve SING for everyone as it changes hands throughout the coming months.
EDIT: I've just been informed we may have a dice game for us soon, Fran__ from our irc may build one, please give Fran suggestions to help make this site better for all of us.