Let's hope so, although, as others say, it should be more independent from foreign services if it is to be sold as fully EU-based.

didn't see any claims to being EU-based, just "built in Europe"

I don't see any difference, for me it's just a play on words. And I'm in favor of something made in the EU.

well I'm in the UK which is in Europe and not in the EU, there's also Norway and Switzerland, and Iceland

it could also be made in the EU and not hosted there

The drawing is a bit messy and scribbled at the moment, will it reset?

There is no automatic reset, but you can draw on top of everything. I'm thinking about some anti-abuse mechanism to make sure users don't destroy each other's drawings all the time, maybe having several canvases users can switch to, or limiting the amount of paint per user — not yet sure.

So true, no real SaaS, no heavy cloud infrastructures