If that so it means it is a threats to us, to the team and also to the investors. Well if that happens it is really needs a hardwork to the people who set a plan and trust this project. We need to look for Strategies that might affect to success in the near future.
I think it's not a problem having a similar project. What matters most are the people behind the project. How they work on it in order to be different from others and how to make it successful. Active updates also can help gain trust from the people which is very important.
Yes right, you got the point it is because having the same project is a challenge for one another both team will give the best out of it so the more investors will come to their project and I think no one will say it is repeated because it always depends to the stratgeies.