I am not a technical guy, but I know this project has a potential bump to bitcoin protocol application. We are happy to see that there are more and more bitcoin protocol application startups. Never think Bitcoin is just a kind of crypto-currency, bitcoin is more than a crypto-currency. Lots of application could be coming out above the protocol. I would like to list the potential project here:
MSC - Mastercoin, application on top of bitcoin protocol
Coloredcoins, application on top of bitcoin protocol
BTS - Bitshares, new application
NXT - Nextcoin, new application totally different than bitcoin
XCP - Counterparty, application on top of bitcoin protocol
eMu - eMunie, new application totally different than bitcoin
eTher - ethereum, application on top of bitcoin protocol
Zerocoin, new application totally different than bitcoin
If you know more, add to this thread:
https://bitcointalk.org/index.php?topic=428785.new#new