Anyone know anything about Bytecoin?

Bitcoin was all over the place the questions are, are the devs working on expanding the coin such as working with markets to trade it on and maybe even say websites to accept it as a payment. Is it a new coin? If very new what do you have to lose trying to mine some and sitting on it and watching the market for growth. If the coin has no markets I don't think wasting money or time on it will do any good.