It's way less of a scam than any coin with an ico out there though. This was airdropped and mined through POS. The only thing you could say about this coin is that the devs kept a bunch of coins. But they were honest about that and said they will sell some now and then.
With the total supply of 4.5 million and the way it's handled, it seems about as scammy as litecoin, not at all. @haejin