BitStake - Another Project With Similar Value Proposition.

[Rune]

There's a probability that it's simply pump n dump coin by Bob Surplus, since he was shilling on their announcement post.

[abelljefrry]

"BitStake is a digital currency platform that supports multiple Proof of Stake crypto currencies."

"BitStake provides users the ability to earn interest on account balances held in Proof of Stake modules. All accounts are held in a secure system."

Fairly young project, according to their GitHub it's about 4 days old.

http://bitstake.info/

http://coinmarketcap.com/currencies/bitstake/
https://bittrex.com/Market/Index?MarketName=BTC-XBS