The app has a permanent notification stating 'Your Internet is now private.' while using warp. That seems very misleading to the end user in my opinion.
I'm under the impression a lot of people fall for the marketing and use VPNs for privacy.
Still protects you from hijacking at public wifi hotspots. Doesn't let you watch geolocked content (US Netflix), and probably doesn't let you torrent either.
Is it better than Tor in your opinion?
In terms of privacy? Definitely not. With Tor, it's extremely hard to trace a packet from end to end but in this case there is a high chance that Cloudflare is both your VPN provider and the CDN for the site you are visiting meaning they could theoretically know exactly who is looking at what.