I cannot speak for Storiqa as my understanding as it is a crowdsale for something that we released in July of 2014. Syscoin released the world's first decentralized marketplace then and we have been working hard at developing it for ease-of-use and accessibility for the last 4 years.
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One comment is that since a huge exchange is already called Bitbay and has been trusted for many years, the fact that they decided to call themselves the same name really leads to confusion every time I try to search for them; I assume this would be the same for potential partners and investors that are looking them up.
DYOR(Do your own research) as they say, we strongly suggest you join our Slack, you can DM me your e-mail address and I'll send you an invite.
they say that they have a working product...
"Well because we have a working product that actually exists and has been used for many years. Obviously it makes no sense to support a crowdsale without a product... people shouldn't be getting money without actually doing hard work. And as for SYS there is many threads talking about that... to be honest there is no comparison. BitBay has many more features. In fact we have a "wall of features" https://bitbay.market/wall-of-features"