Damn, for some reason when I saw "Try mCaptcha" I was hoping it will show me the captcha right away and I can really try it in action. The saddest part is that on the login screen that follows, entering the wrong passwords for accounts doesn't trigger the captcha! And only then do you find out that there are credentials for some demo account that lets you into the dashboard. Do you think you can finally see the captcha then and try solving it yourself before putting it in front of your users? Not at all.
The idea is great though and I hope they will be able to push back some of the reCaptcha dominance. A lot of good work is needed still of course. My advice for the team: show it better guys. Everybody knows how reCaptcha looks, but not your new mCaptcha, so you must present it in all its glory! And better show it right away.