We did not vanish. We were just doing further market research to make sure the project is feasible. We are more confidant than before in the community's ability to execute this project. First steps first, we need to select the treasurers. A new thread will be created to take nominations from the community. For the next 3 days, everyone would be able to nominate members of bitcointalk.org for the role of the treasurers. Only "Full Members", or "Sr Members" or "Hero Members" can be nominated. After 3 days, we will create a poll with a list of all the nominations. The poll will run for another 3 days. The top 10 members voted will be selected as treasurers.

In the meanwhile, we will be contacting different ASIC design companies to get formal quotes for the design.