as many others here i also think there is a bug in the wallet that needs to be fixed, i can see the coins and it works but it keeps freezing and non of the wallets i have on this pc freeze as this one.
syncing takes a long long time and stops a lot which than makes it freeze.

other than that i think this project has a lot to offer, i found it pretty interesting and this can turn to be a pretty solid coin and community.
yes there are others that try similar things but it does not matter imo as there is space for more than one and if the team is good and the project is real, tech is real and there is constant work than there is no reason why this coin can not be a part of this Eco system.