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Any thoughts on X8Currency?

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Before yesterday I never heard of X8Currency, but then I saw this article https://thenextweb.com/cryptocurrency/2018/01/11/x8currency-offers-a-safe-haven-in-turbulent-crypto-times/

This coin is based on Ether and is supposed to be a safe and secure way to store crypto money during turbulent markets because X8 is diversified with several fiats and precious metals.  

I don't really understand the point of this coin, but before I go down the rabbit hole and research it has anyone already researched this coin and would like to share their thoughts on it? Thanks. 

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