You can rate-limit on the API Key or the method. As far as I know it will support multi-device session support, but haven't tried that out yet.
You can also use any auth system you want with it or roll your own.
It's in active dev and if you have any suggestions or issues he is good at responding and/or implementing.
"It gives you all the common functionalities of a professional modern API, to start building your own Application on top of it immediately. It uses the best framework, packages, tools and conventions. All configured to work together in a beautiful piece of code."
Here is a package that I have created. It not only helps to create an API, but also does the scaffolding work for fields, filters, limit, ordering, saving, updating, etc. out of the box. https://github.com/Froiden/laravel-rest-api