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RE: Steemit copycat is about to launch soon, A little too late!
They're months behind Steemit in terms of refining the system to make it more fair. Even Steemit still has a way to go to deal with the issue of "race form voting" where people vote for whales and dismiss the potential of minnows.
Just the amount of time it will take them to gather people and test their features on these people will indeed take months and months. But I predict that the success of steemit will help them with a quick userbase kickstart. Knowing steemers, mostly minnows, they will test their luck on both platforms.