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Hybrid of NameCoin and PPCoin. More focused on the production of coins by PoS than PoW. Mining has a bonus on the interval 1-512 difficulty for high initial issue of coins. Further difficulty will gradually increase, making PoS mining more promising.
Emercoin offers a 6% annual POS reward with 30 day coin maturity.
Coin added by 
Secure shell management system needed by every site admin.
System for passwordless authentication on the world wide web.
Storage for electronic business cards for use with EMCSSL.
Uncensored domain name system, peering with OpenNIC.