The team behind it came up with an innovative and unique approach, the platform is ready to be used, and developers can already start building applications on it. It has been in the works ever since the original Bitcoin whitepaper. Technology has evolved and adjusted to the needs of decentralized solutions today, but the experience and research the team has gained over this long period of time should not be underestimated.
Enterprise partnerships and reliable execution will be necessary to take the project mainstream and achieve the vision of mass adoption.