how much of that premine does the Dev still have?
public ledger?
EAC still smells like a scam to me.
It makes a difference if it is an announced premine or just inofficial. I saw creators that premined it through hiding a windows client, hiding nodes, hiding the kick-off. Earthcoin made it different. In the genisis block there was a reward of 270mio. And this is one reason why the coin is so popular today. Many give away, many bounties to pay people to build up something. Maybe the website, maybe an exchange and so on.
I would to it the same way. Ok, there is no public ledger. But one can argue that they don't want to give away their tactics? Hm. I would prefer to make it open, but they have their reasons.
And sure, a few coins might go the the devs. So? Did you build your own coin for free? Why not? It seems to be legitim for me to get reward as creator. Did Gates, Zuckerberg, Bezos, Page etc. created something without any shares?
@Nekomata
No, the devs seems to be serious. And yes, marketing is important. Giveaways are important. I like the coin!