Paycoin

Did anybody hear of Paycoin?

I didn't understand it all the way, yet. So it would be nice to have some people here to discuss about it.

Especially page 21/22 on the whitepaper (https://c91475e716c8925e05c6-d2659d433205cf4410415f8dd63807af.ssl.cf5.rackcdn.com/paycoinwhitepaper.pdf) is very interesting.
-> They want to produce a self-stabilizing currency value! I don't understand the details though. Anybody?

Is it this one? https://bitcointalk.org/index.php?topic=268941.0

I don't think so, look at this: https://paycoin.com/ico

But having the same name again is pretty bad lol

Oh yes it's a different one
Very interesting