The most catching-eye part is the way you will be securing it, neither by PoW nor by Steem (hopefully this is also a disaster), but by something new. I'd enjoy very much if you could enlight us a bit about this because I think you have something interesting under hood !
I'm also excited to know more about iamnotback's cryptocurrency and check if it bears some similarity to my own latest proposal for an alternative system of securing a cryptocurrency:
https://bitcointalk.org/index.php?topic=1719396.msg17365846#msg17365846.
My proposal can be characterised as Proof-of-Stake AND (Proof-of-Time OR Proof-of-Trust). While PoS can be beaten by any attacker who is wealthy enough, time is a resource that is non-renewable and non-transferable. On the other hand, trusting people who could easily steal your stake is a high-risk game, especially if it's clear to them that you are acting with an intent of attacking the coin. Both aspects along with good old Proof-of-Stake are to secure the integrity of the blockchain that I'm currently desiging.