You spelled coin (cloin) wrong in the topic title. Just saying. I think their new coin has merits that make it worth while. I don't think it will take down BTC though.
Sorry about the spelling. MY fingers don't seem to go where I want them to. I agree with you. From reading their whitepaper and other post it sounds very good but this could just end up being like every other coin out there; hardly any value and just simply gets traded for bitcoins.