I don't think that's right. Just like there is no Bitcoin2 that is a serious threat, there are forces that work in favor of first movers and good managers.
Territories are quite expensive to maintain, which limits entry. We also have relationships with the active territory owners. If someone else started their own sports territory, just to undercut @grayruby, I wouldn't go there.
This is not a now problem but SN will have to figure out how to balance the free market where new territories can be created and preserving user experience where you don't have 10 copycats of the bitcoin territory because it is successful.
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I don't think so. Territory owners will just have to keep fees low enough where it's not worth starting a competing territory.
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