ok cryptokiwis we will today be discussing the imaginary internet money known as Skycoin.
Skycoin is one of those novelty coins that have some serious backing and tread the line of what crypto is and is not. It aspires to make hosting Internet websites distributed, paid for by the actual visitors of said website with SKY who pay the nodes for the content provided by them. The actual details can be found on their whitepages and for now it's just that--a concept.
What SKY wants is ambitious, but unfortunately it's a premined block selling shares for investment. At launch they were asking for Ethereum (~$8 worth of ETH per SKY) but right now it trades on small exchanges for just ~$3, a rather static number that's been slow growing in its 5 year development cycle, and which is now up to $4. Why the increase? Because SKY's dev team just got a huge investment from a foreign exchange, which in and of itself a pro and a con.
Any coin that has an irreplaceable development team funded by ICO investors is frowned upon by a large number of cryptokikes because it's antithetical to the nature of the game, but with SKY's very ambitious take on a future Internet, it's doubtful a ragtag group of FOSS developers can go it alone. I2P has been around for ages but is even less well known than Tor, proving (to me) that for any sort of P2P/Decentralized system needs some corporate backing to move forward and change the web's consensus.
Though I'm ankle deep in SKY at the moment because I like the idea for obvious reasons.