"Vitalik owns +600K ETH"

He owns far far more than that m8. The distribution and how they spent all their funding was so opaque, whenever they run out the first time, Vitalik created a special blog post to say "we are now returning to transparency" lol wtf. Conveniently NOW they are returning to transparency. Vitalik is a terrible liar and uses specific language in his blogs and such if you catch it. He slips alot when he is doing dishonest shit. For instance when talking about the premine he repeatedly said "there is no more than 0.1% in a single account" However he NEVER says no one got more than that, because the simple fact of the matter is THEY DID get WAY more than that about 90% of the entire supply of the IPO is theirs ( 12 of which they put into a smart contract and already depleted). They frontrun EVERY rally. The last last rally when it started to dip they post "we now have funding for the next 4 years!" Thats great lol. Before this rally to 0.03 they were front running the microsoft news and sent over 1.2 MILLION eth from presale wallets, all in even increments. Nearly 80% of the ethereum presale wallets go untouched. But how can this be?!?! There is no way for hundreds of people to coordinate enough to keep 90% of the supply off the market. Id say nearly all of that is owned by the eth devs, a small portion people dont know how to deem, and another small portion people are locked out because their passwords are wrong. Dont get me wrong, I love the ethereum technology which is why I support expanse so much, however ethereum devs have profit first and foremost on their minds and the science comes second. Ether is for the eth devs and banking private networks and expanse is for everyone.

The 770k remaining is the team fund that we use sparingly, if you compare to some other projects they use far more than us and run out of funding quickly. We had no ICO and the only payment any devs get is from building up the value. We started at the bottom literally, and have been building it up. To be frank, we want to spend as little as possible so we can stake our coins in the future as we believe in the project, and ideally, I think we can potentially build to a marketcap in the millions. The announcement does detail that the 1 million for the team would be used over 1 year, and it has been around 7 months, so we are under budget if anything. We also never dump coins and we care greatly about building up the value.

The 10 million community fund will be totally controlled with smart contracts and only used as desired by the community at large. If you check the white paper we go into detail about the safeguards and limits. The short version is that the smart contracts will greatly limit the amount that can be released, and this means that even if the community votes poorly, it is possible to correct as there would be time to notice poor spending votes.

http://www.expanse.tech/docs/whitepaper-draft.pdf

As for Proof of Stake, that will come either after ETH goes POS and we will use the same implementation, we might go hybrid, and I know another coder with an option that might compete with Casper and that could be very revolutionary. We are still in talks and discussion about this. I am in favor of it as it could give us a huge competitive edge that might surprise many, but regardless, some form of proof of stake will happen in time.

A new website is coming by the way, and an announcement for the new team members joining. New videos. Much is in progress. I also think as we actually used less funding that we said we would that shows that we are very committed to the project long term. This is something we really love doing, and I am confident in time we will win over most people with any doubts.

They have not been touched, they are in cold storage. There will be a smart contract that will lock them up implemented soon. (The contract code is already made)

The way the smart contract works is that it makes them impossible to move for 90 days, and that is 90 days from when the contract is unlocked, and the unlocking is public. This will give us time to get the DAO coded, and make people feel more safe.

Homestead is coded and being updated at a certain block, and I believe after that the test contract goes in, we test that a couple days, and then the time lock contract for the 10 million goes in and then people can feel extra safe. Although the team is public and clearly we are in this for the long run, I think it is crucial that smart contracts are implemented to make people feel even more secure.

Coinmarketcap don't list the premine because it is in a semi out-of-circulation state. Basically it isn't availaible to the users, so it isn't counted.

Another couple of questions
 - will expanse have a proof of stake function similar to ethereum where you can stake 1250 EXP and get a return on that?
 - Does exp need to be ported across from homestead release, is this port being worked on in github?
Sorry for all the questions and thanks in advance.

update:
it looks like the premine addresses are here

10M no transactions yet
0xbb94f0ceb32257275b2a7a9c094c13e469b4563e

1M, 230k spent so far
0x15656715068ab0dbdf0ab00748a8a19e40f28192

checked on http://www.expanse.tech/explorer/

If you compare Expanse (EXP) and Ethereum (ETH), they are relatively the same way except that EXP has less available coins. A good advantage of EXP is that its mining difficulty is lower than ETH, which makes it much more profitable to mine. Also, it is far cheaper than Ethereum so investing in it right now would be a good start. 

I bought at 67