What is the point of a cryptocurrency that is just a copy of Bytecoin? Monero was justified because Bytecoin is a fraud. It cemented itself even further when RingCT was implemented more than 2 years after its inception.
What is the point of a cryptocurrency that is just a copy of Monero? since Monero is fair and well established, that can't be a reason. Masari then hopes to bring in and implement new ideas that aren't in Monero, with a focus on scalability for mass adoption, and that needs time, as it did for Monero's anonymity deliverables.
Masari's on a good track so far, and even had a project out there recently that forked off Masari (though they refuse to retain copyright notice).
Stay tuned for when specifications are made public, as the community will hold us accountable to deliver new features not yet seen in the CryptoNote family, and it's not just going to be sub-addresses or multi-sig (both new upstream features coming from Monero).