At the moment I have not seen any competitors for this business.
and I think that the project has a good chance to take the lead in this market if the team has a good marketing strategy.
In this market it is possible to advance only with the support of well-known partners. But this is my personal opinion.
I am waiting for announcements regarding the alpha version and regarding the sales rounds.
In any case, it will be a good investment for the long term and the demand for tokens will grow with the popularity of the platform.
So this economic model will allow the project to become successful.