The text was too long to reply in a pm so here are your answers....
Brief description of myself... I will not get into too many details or someone may guess my identity. Which I don't really want to have happen right now, it may influence the coin's growth, etc. However, I have been in crypto now for over 5 years. Started with some mining and learning that, then went on to project leadership and leading development. I myself am not a developer per se, but I do some web development and developmental design and implementation. I can do some small bits of other development, but I have a team of people who are better than me at that. I'm more the idea man, and come up with the things, how they will work, and their implementation methods, then have a more experienced developer on the team carry out the work.
An Algorithm, is the way a coin's blockchain is 'moved'. Cryptographic hashing done on CPU/GPU/ASIC. The polytimos algo in particular, is a very 'difficult' algo, that is basically a 'daisy chain' of a bunch of other long standing algos that are run back to back. Through one to the other, and so forth. It is meant to be able to be adapted to GPU (which already happened. Very quickly) then to ASIC eventually. Running the entire gamut of BTC style mining changes, only in a quicker manner, as people are now already accustomed to crypto currencies and their evolution in mining.
We decided to build our own algo, to give the project a chance to DO what I mentioned above, had we started with simply a copy of another algo that already existed, we would not have been able to start on CPU (even being a short period as it was, it still fulfilled our overall goals.) and would have been 'stuck' with whatever already existed for whichever algo we chose.
This algo, is the start of what will be coming with all algos in the future. Something that is 'more difficult' and thus more secure. The difficulty of the algo is directly related to how difficult it would be to 'crack' the chain, thus breaking the blockchain. For example, if there were to be quantum computers that came out right now, BTC's algo would be 'cracked' and would have to be changed. However, given the difficulty of the POLY algo, it would be much more difficult for it to be 'cracked' and need a change. Thus, the 'future' is to be more difficult, and resistant further to the potential to be 'cracked'.
The team and I came up with the idea after a team member started playing with multiple algos and came up with what is now the polytimos algo. We then decided to start a project with a community philosophy, and one which could run the gamut of BTC mining in a shorter period of time. One that would be more fair than BTC was due to the amount of people that now know about cryptocurrencies, and one that would be a great 'store of value' that would grow naturally, and have services along with it that would provide further value. The price of the coin, given these, should essentially grow nice and steadily, and should be a very stable price given a continued natural growth in this manner.
I do expect the poly algo to be used in projects in the future. It is a solid algo and one that has not been 'optimized' on all platforms yet, and lot of people enjoy doing that, so this is a fun type project for them. I expect that we will also eventually see ASIC miners, and lots of people will follow for this purpose as well, but I do think that will take some time to actually happen, as hardware specific development takes a bit of time to get right.
comments/extras... We encourage people to take a look at poly, use the project for whatever they like, and 'make it their own' as this is the entire purpose for the project. To have something that grows 'from the ground up' makes it more able to be used by anyone, as opposed to something that starts with a high price and high barrier of entry. This allows people to pick up poly, and turn it into whatever they'd like. While ourselves within the team keep on bringing out new features and services to help further everything overall.
The community, is the backbone to any good project, and we would love to see the poly community be one of the largest and most helpful that exist. We are not ever looking for pump and dump type crap, only solid and natural price increase in accordance with what is possible and what services are available. We will make many people quite happy I'm sure, with their stack of coins, when they see all the services we bring to the table, and what we do with the project overall, however, we stress the fact that it isn't all on the team to do things, ANYONE and everyone can do whatever they like with poly, as this is part of its philosophy. We want anyone that would like to have a solid cryptocurrency platform with which to build and offer their services, and/or accept as payment, to have that option without having to do any of the difficult development work.
The network, community, and services of the project, will continue growing, and we will see what happens with the hypothesis we started when starting this coin.
-Simon of Polytimos
co-founder/project lead/community manager