So for example, we offer a Digital Assets Management system, we off free plan right up to enterprise plans. If I wanted to enhance the users experience by having a tool *your tool( loaded for them to make quick basic modifications to their video media in browser that would not be possible.

The enhancement is not core to the product and available to free and paid users, but because its a commecial product your ELv2 license does not support it. As I understand, and its limited, the ELv2 is best suited for tools that are source available but only usedage in backend tools / single developer experience.

In your case that may be the case, so it depends on your desired direction, if you want media creators to be able to use their tool individually then sure, your license is fine.