I have been following nugget for a while and I must agree 1% IS a lot but it is to help the coin. People really shouldnt complain because it will help them in the long run. If you really wanted to make money you would copy and paste and then premine it without telling people. What you have done is add innovation and trying to help the coin with this.
every coin says that, and every coin most of the premine is dumped to the market by devs. So don't pretend to be "helping the coin". There's no need to do premine to help the coin. The way to help the coin is to have a great community and good supporting team.
But if it is in a public address you can see what the dev does with it. Why make a quick $$$ when you can help the coin enough to make a lot more of it?