I honestly have seen some projects or platforms that are really quite similar with the concept that this project is trying to offer to its supporters. I am not worried though, I think what will matter will be the marketing skills and the way the team tends to the queries and other concerns of the supporters.
Although the competition of the same project is always there, they will improve it but the thing here is we helping to grow the community o cryptocurrency, and by adopting the technology of blockchain. It is much easier for us that we have this kind of system to resolve the current issue in the world of industrial period.