Yes, he confirmed the "private beta" will be released in August. Now, "private beta" should mean that it won't be ready for public released yet, but for testing purposes.
Great, since last year I am anticipating his project. I think it is with micropayments and it is timely that t is will be in demand from now on. I trust Kim for this project as I know he has the capacity to start and fund this project. Hope all lawsuits will be solved and ending soon to pursue this good project.