Do you think there is room for similar app? I haven't heard about Yik Yak but I have had the idea to create a local chat for some time already. And now, just a

Do you think there is room for similar app? I haven't heard about Yik Yak but I have had the idea to create a local chat for some time already. And now, just a couple of weeks after I'd finally started writing some initial prototype(just after hours coding so far) I found out that my idea had already been implemented and failed miserably. Personally I'd use it to meet new people when I'm travelling alone or when none of my friends is interested to join me in an activity such as concert, tennis, football etc