The name may make you chuckle, but the prospects and technology behind it look very promising.
Not only do transactions get masked over the TOR network, but even your IP address is obfuscated when connecting to the block chain!
Great point, it is also important to note that rumors of regulation in just a few countries created such a devastating affect on the alt coin market. However, DeepOnion offers complete anonymity, and the use cases are still very viable even with regulation, all because of the core tech of DO.