I has read and i understand about this project mean, maybe if my advice you can give explain more about this project or this announcement, that is so simple explain, if you add many statement you can make someone understand all about your project
This project in my opinion was a way to have an alternative to the dns layer that is used on the internet.
It was more than could be included into bitcoin so it became it's own coin (again in my opinion). I think many were worried it may take from bitcoins market share (ahh the good old days) so it was de-emphasized as a crypto coin and more as a dns alternative utility. That said it is still subject to the same market forces as any other scarce good.
Doe anyone here know the full potential of namecoin? Good question IMO. Time will tell..
since 2016 this coin is more important than ever. Why do I say this? ~It took 8 years under Obama but finally the congressional oversight over the ARPA private contractor that maintains the dns layer is gone. As soon as this protection was lifted we saw individual ip' addresses world wide get targeted for "soft censorship" of wikileak releases at that same time. I think Assange trolled this event on purpose so there would be much data to study from. Thank you Julian.
It is my belief that Satoshi knew that something so precious as bitcoin could not survive long in a world that had an internet that was censored so cleverly. Eventually that beautiful unknown genius saw that the dns layer could be used to target each ip running bitcoin in a malicious way.
These are just my opinions they could be wrong or correct or any blend of the two.. do your own research!
regards,