Yes theres still a long way to go for projects like neuroneum. They got a great model and huge team experience but we cant take away the fact that theres competition and neuroneum would need to learn a lot from existing projects to beat them to the top.
Competition is something we will always find across all spheres of life and in whatever kind of business or project we venture into. One thing that can save neuroneum is uniqueness. If they can maintain a unique pattern that distinguishes them from others, then they will definitely have a higher chance of succeeding.