1 person project opened like a week ago (social media and github launched as recently as that). No information available on the website except social media accounts (with few following so far). It is supposed to be a mineable (Qubit) community coin and you can mine through a couple of pools apparently. It is based on litecoin code (so in that sense it seems to be a fork) which according to the github page has many improvements on the LTC code, whatever those might be. So far no sign of innovation and it aims to be exactly what coins like litecoin and bitcoin aim to be:
From Github: "Slice is an experimental digital currency that enables instant payments to anyone, anywhere in the world. Slice uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network." So what is so special about this project, well, not so much, so it seems.
So basically this is mostly a guy printing his own money and getting other people to try to give it value. It is however not an ico, and it looks like only obtainable by mining. I haven't been able (didn't actually tried either) to find if it has a pre mine.
The only reason that I only rate this as kinda neutral, is because of the fact that in the bitcointalk forum page the founder clearly states that "this coin won't make you rich". That disclaimer is at least transparent.