Lytix is a little project but with great community and community driven, which reminds me of bitcoin old days.
There's no ICO money, masternode pre-sales or super-duper partnerships ... and is not aiming to provide impossible achievements only on whitepapers.
Yes, it's a PIVX fork but why reinventing the wheel if the base code is available?
Many projects derived from the original bitcoin code and they are doing quite well actualy.
The development of this project is going forward and soon the coin purpose will became reality, with maxnodes.

Maxnodes are like super nodes and are used only for managing the transactions on the 2nd layer network and will hold the open APIs that entities will be able to use to store data, decisions, or any other configurable items into the blockchain.

Maxnodes infrastructure will open the door for Enterprises to use the blockchain as an immutable storage layer for decisions, data, or whatever they desire to save costs and control the security of the stored data with the private key they hold.

A possible purpose: a solution for banks to store GDPR data which can be stored off-chain.

Storage is more secure and having cheap storage transactions, instead of paying alot more for similar solutions (cloud data storage) is a big selling point for this project.

Hope to see more progress next month from faetos, the main developer of the project, when we can see some tangible results and maxnode test network up, so we can bend up the maxnodes for other possible solutions.