Most likely they have, if an inexperienced team, then the result at the end can turn out to be of poor quality and in any case it is necessary to analyze the market of competitors well.
Competition in the market for the provision of exchange services is very high. One hope that they can offer some kind of unique and universal solution for their exchange and they will be noticed by users.
But there is still the fact that there are already a lot of projects on the market, that is, competitors, but in any case they give way to young people, because they may have new ideas and their own interesting features.