It has been rebranded as Tether. Don't know anything else about it myself.
Speaking of which, no one finds it weird that the president of the
Bitcoin Foundation is CEO of a competing altcoin?
Or that two Bitcoin Core developers (BTCDrak and Peter Todd) are CEO and CTO of Viacoin, another altcoin that aims to replace bitcoin?
im not sure any altcoin can compared and replace bitcoin
i know NMC give you "real rate" 1NMC = 1$, but people still trust bitcoin with the price tends to fluctuate
look NMC at her
https://btc-e.com/exchange/nmc_btc