A word from “main developer”
BITE project is at early stage but I can see that if we get right talent (developers and block producers) on board then this could be successful. I believe EOS blockchain will become very popular and even revolutionize blockchain space when launched. But I also think that EOS clones are needed.  This is because EOS token is a bit like real estate (https://www.youtube.com/watch?v=svYvTkABDvo). When EOS mainnet will become too expensive then some developers will turn to alternative. Also most end users will not even know which blockchain they are using since they are using it via web interface (like steemit forum). So BITE’s short term strategy is to attract (with BITE rewards) dapp developers and other key players to our testnet and later to our live BITE chain.