While I like seeing that this uses relatively strong technologies like Tor, BitTorrent, and Bitcoin, does this beat Freenet for any use case?
Sites are essentially bitcoin addresses (public keys) with ownership and modification rights controlled by corresponding private key. The same crypto provides passwordless logins and authentication!
Since it supports Tor, users can also use it anonymously.
The system is impressively elegant.
The people using Play on it might find themselves in some fun legal issues soon, depending on country.
You could use it over Tor I suppose - that's what the authors propose, but that seems less than optimal to me and doesn't even approach the sort of anonymity Freenet could.