Laxmicoin failed, so did Kashmir coin, if this is 'yet another altcoin' what makes it any different ?
When did laxmicoin come out? ROFL, I thought that the coin was still in development(and I hoped to see some new innovations in it), but did it fail so badly that we weren't even able to notice it failing? 
You should have been more involved in that separate forum. The reason Laxmicoin failed was because it failed to garner any attention from the Indians.