There are a lot of parameters and unknowns in this business. The thing is that the competition is huge and every plan has to go that extra mile to get investors and after that, users...So, the less unknowns, the better the plan! Good luck, team!
Competition is certainly big. But there is everything that there is in the market of users will choose that purse which is more reliable and convenient
Yes, there is competition, multi-currency wallets have both their advantages and disadvantages.