I fully agree. It's a hard sell getting people to switch from an evil but known cloud provider to an unknown cloud provider that claims to not be evil.
What we do not need is more cloud offerings that can change, vanish or lock us out at the blink of an algorithm's eye.
What we need, rather, are reliable and easy-to-use solutions that allow us to retain full control of our data (i.e. self-hosted and offline) while having feature parity with the big cloud-only solutions.
I for one am convinced that there is plenty of money to be made that way. Perhaps not as much on autopilot as with the quasi-scam that is cloud computing, but people willingly paid hundreds or thousands for software before clouds and subscriptions. People will do so again, if you bring a convincing, unique or competitive product to market.
That being said, I like, appreciate and support this project for its impetus, even though I think its distribution strategy is misguided and fad-driven (re-selling cloud space instead of selling software). It's not too late to change that...