No, the nature of guitar chords means that a C chord is fingered completely differently from a G chord, etc., etc..
Plus, as I've stated for a LONG time, what do you do about extensions..? Most modern arrangers give you a choice of three patterns based on chord TYPE - major minor, and 7th (and a few have Dim). The rest are extrapolated using Note Transposition Tables (NTT) from what YOU play.
But let's look at a 'live loop'... Each chord you play HAS to have a corresponding loop, or it will simply play the simplest chord it can. Play a min6, get a min... play a 7b10, get a 7th. Play a maj7, get a Maj. Not what you want at all...
AJ... how about posting EXACTLY which chords are recognized, and which aren't? Seeing as you are handing out specs

And for anyone thinking you can make your own loops up, think about this... A four bar loop, in twelve keys, with at least three main chord types, in three different tempo ranges. That's 108 different loops!

All played perfectly

all laboriously sliced at each transient point. And that is ONLY three types of chords. Maj, min & 7th. Add 25% for a dim, add another 25% for a sus, etc., etc..
Sorry guys, but yes, there are a few of us here that don't play anything more complicated that a Maj, a Min and a dom7th. They probably use a One Finger Chord system too!

But I can't for the life of me imagine how this is going to impress any player that CAN play more complex chords. And, let's face it, at that price, how many One Finger players are going to buy it..?
We need a LOT more details about this, AJ....