Yes it is... Now, as for this coin - what some of us are counting on is for the very concept of Proof of Stake to be gain an understanding in wider circles. So we're talking about ordinary people catching on the the idea that this is like a term deposit. So let's assume that people find out about PoS coins and then want to compare them. They probably won't acknowledge a coin outside of the top 50 on coin market cap, and this is where Mint is pretty well entrenched. Then they will compare rates, as I've said, 1% is negligible, I think 5% is the minimum rate for it to be considered an incentive to someone thinking along these lines. And if you think 20% is too high, you just have to a) factor in the drop after 1 year and b) contrast it to the rate coin supplies are increasing under Proof of Work. Other than that, the name is good - the messaging is good - the community is accomplishing things, so, what more do you want??