There are 2 huge problems with this coin :
Total 51 million coins where
50 million is premined.
So it leaves only
1 million to mine, and 50 million to the developer.
Those coins need to be burned if he wants his coin to succeed.
Second thing, the developer is totally anonymous. Nobody likes that
Who told you that just 1 milion coins to mine , there is 50 milion premined coins and 1716334.062499925 coins mined until now. Read the op and check the block explorer , so your huge problem is just one "the premined coins 50 milion".
Most of the coins has a anonymous developer.
Available Supply : 1,718,457 ELE
Total Supply : 51,718,457 ELE
So the 50 million premined coins is still a problem my friend
As for the anonymity, tell me a few coins that are popular and still have anonymous developers.