What I understood is that this like what TypeScript is to JavaScript (or to be more accurate Haxe to the few languages it transpiles to). It's a new language that will transpile to different SQL syntaxes instead of the method chaining approach of your typical ORM (that'll likely also include model abstractions over your tables and maybe also migration managing).
yea, I read it the same way, but ORM's like EF let you leverage an existing language to do basically the same thing as this does. Abstraction, data types, etc... I am unsure as to the value of something like that unless it is included with a client application that handles the conversion natively.