I believe the dev team and keep trying hard to make this project running, although it has been long without an update they appear to still have the support of many parties.
The community has spent last week(s) coming to an agreement on what the coin parameters should look like. As you all know we did migrate code base so there were a couple of blanks that still needed filling. We reached agreement on what the parameters should look like and how we'll launch the chain. This will need some time to be coded up but after that it looks like we're set to go.
On top of that the community welcomes stonehedge to the team. His main focus will be to streamline the different parts of the project.
https://www.heliumlabs.org/blog/september-6th-more-team-and-parameters