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I've read this is just a proposal at this point but I may need to go back and look at it closer. I think if it does actually hit the market it will see mass adoption. With the same technology as EOS and Bitshares it will rival traditional Bitcoin assuming it can be promoted heavily enough.

It seems that it is more than a proposal now. Check @stan 's blog.
They even have an aggressive marketing plan for it.
Honestly, I think it has a better chance than BCC.

Honestly, I'm all for any plan including BTC-U if it can bring stability to the crypto market. Its sad to see it hurt so badly by a civil war and see so many new investors instantly become bagholders before they even had a chance to make some gains and experience the benefits of crypto... Many just sold and cut their losses thinking its a complete scam.