It is an interesting project. I would love to see markdown improved and I agree with many of the simplifications they've made.
However I'm skeptical that any format that compromises the editing experience will gain traction with users. For example, djot requires a blank line before nested lists (at least in the default mode) which requires writing lists in a way that I've never seen anyone write in an email because it groups nested items incorrectly in the raw text.
It seems like a well designed and thorough superset of markdown.
https://djot.net/