Looks far too generic
We've seen this all before in Daredevil. There's nothing interesting about Danny Rand other than a... glowing "Iron Fist". Big step down from Bulletproof Black Man in America, a rape victim or an addicted vigilante.
The tone also doesn't match the universe. What's the point making it lighter and goofier when this corner is meant to be for darker and more serious characters/themes.
The main villain should have been Steel Serpent not The Meachums.
Shang-Chi would have been a far more interesting character to make a show on. You could have had something similar to Infernal Affairs.