Is this peershares(nubits) competition?

I was looking on and saw a new currency called bitshares-x and thought, hey-up, has someone beaten them to it?

Probably not the same thing at all but just thought I’d ask

Ta ppc_user

Quote from Jordan Lee:

The design of the NuBits project bears no relation to the Bitshares design in any way.

Thank you for the reply.