I launched a draw.io competitor to the point that it is in production, but there is little activity on the site as far as signups are concerned. Doesn't deliver enough business value.
Out of curiosity: What is your USP? Why should I prefer your product over draw.io?
IMHO (this may not apply to you!) a lot of people launch a "competitor" of a product which seems to be a clone of the product without improving something that the other product misses/is very bad at.
