Its an interesting concept - providing miner on launch. New coin free of gazillions of GHs from mega-farms? I will definitely try this with my small mining farm.
Not so interesting if they are allowing rig rentals.Large mining farms and rig rentals will be there.
Why new algo if you are doing the same that can be done with X15 also?
If the rigs don't rent out, guess what they're mining? The difference is instead of 100s of rigs mining a coin, 10 rigs are mining it on 10 workers on one pool.