can anyone catch me up on NXT quickly?

[fuzzy]

I see they have a bunch of crypto assets at this site
http://coinmarketcap.com/assets/views/all/

Most of them have low volume, but what are they?

To my knowledge they are planning a reputation system for those who issue assets...but you might want to double check on that because I follow NHZ more closely (a clone of NXT with far better distribution) and it could be them with those plans, or both.   Nick Cote from the Mumble Server is planning on holding an event at some point on our mumble server for the NHZ community so I am sure it would be a good idea to show up when it is announced ;)

[gamey]

It costs like $30 to make a user asset on NXT.  So they have a lot of ideas floating about but most will have little value and many will be scams.  Somewhere there is a site that lists the believed to be legitimate NXT assets.

[Mysto]

All I know is they are user issued assets (not pegged to anything). And they are super cheap to create compared to bitshares assets.

[bitmarket]

I see they have a bunch of crypto assets at this site
http://coinmarketcap.com/assets/views/all/

Most of them have low volume, but what are they?