There are chances this project can succeed, but its not going to be easy with current approach.
We are slowly but steadily moving from "game of intranet of blockchains" to "internet of blockchains" era which means that how new services are going to be monetized on-chain will dramatically change.
Major issue is that if access to the service is limited in any way through the doggines of the payment process that alone is a huge blocker for inception of any dApp or service type platform that uses blockchain for the settlement.
Here are few examples of apps that have no chances to succeed even if they are delivered:
* those that force people to use particular coins they don't have, don't want to use or are in general not liquid
* those that reward their turk's or nodes with the same illiquid token from previous point
* those that don't require any token for the business to operate while product should be sold to investors as security not utility token.
* other legal issues, that might arise due to nature of business, I would try to avoid term "signal providing" in close proximity to SEC
If on top of that network is not compatible with an interoperable layer with its own side-chain it's a major flag for investors to reconsider unless CAP is low as it clear that future decentralized payment options will come as secondary not first layer solutions and include huge premiums on micropayments + scaling of the product if it succeeds would be extremely hard.
So what I would suggest is
* make legal docs part of publicly available content
* consider to run settlement layer on the side-chain within one of the interoperable blockchain networks
* consider selling a security/equity instead of utility token
* redefine payment and ensure flawless micropayments even if that means they would be centralized
than we might start talking $$$
Kind Regards