Alloy is a new cryptonight coin that offers true privacy and untraceable transactions. The coin also offer fast transaction with a 3 minute block time and high security. It also offer almost 0 fee transaction, unlike majority of coins like bitcoins with high fees.
There will be 84 million coins being created over the next 20 years and each block reward will keep changing after so many blocks.
yes, there is a 5% premine.
Alloy is currently on 1 exchange.
Link - https://tradeogre.com/exchange/BTC-XAO