I'm a little bit confused. Is the dev mining it solo or are we also mining it?
Well, like Insanitycoin, we will be mining solo to keep the market moving. We will just be mining empty blocks though. The whole point of this is to distribute the coins through weeks of competition. After total distribution we hope the coin will still be viable, and we will get it on exchanges. It should easily have a value around .0001 because that's what people are paying for it.