The idea of the project is good, but it's bad that it's not new, but I hope that the developers will add something new and this project will be better.
I think that all projects in the market somehow has similarities and they have something in common the only thing thay this projects will be distinct from others is how they will handle and advertise the projectm but updates and additional features will uplift the project identity from others.
Yes, there are many similar projects in the market and also have some aim. Bucket will surely need to face large challenges as they enter the market as there is a bull market of ICOs and more and more project are coming every day and offering the same services to the clients.