Yes, ACED is a cryptocurtency with its own blockchain. It is very, very fast to transact with. I've found the easiest way to get someone to understand how amazing crypto works is when I send them some ACED and they see it arrive within seconds.
Yes, you can earn ACED by "staking" the coins in your desktop wallet or earn at a higher rate by running a "node". If you join the AceD Discord server, there are lots of friendly community members that can help you get started.
Wait, has the own blockchain meant that it's mineable? If true, this is a great gambling service that has coins that cover all the crypto-space functions.