"Indicium is a financially driven token-issuance DAC built using PeerAssets, hosted on the Peercoin blockchain. It will form algorithmically chosen indices and baskets of cryptocurrencies and issue assets corresponding to the value of these baskets. Peercoin dividends and voting rights will be given to Indicium (IND) holders as a representation of ownership in the DAC. A federated approach will be taken, where a group of founders or a board of directors will perform managerial duties to facilitate operation."
ok, I guess i should shut my mouth. Interesting.