On one hand it's another project for a Romance-based international auxiliary language, more in the vein of Interlingua and Interlingue than Esperanto. It has an energetic academic as a kind of a "lead developer", it has quite a few fans, and I even read a whole graphic novel written in it a few years ago online (it's indeed very easy to read to somebody who learned another Romance language). But I doubt that it is actually useful to a lot of people or sustainable if the leader loses interest.
I'm not really opposed to a Wikipedia in it, but I have low expectations and few reasons to believe that it will develop much. I'll be happy to be proven wrong.