They raised 5k btc and nothing actual place or offices has been seen since their inactivity. Checked the telegram group and the last update was on february. The team might be busy doing the project or another project. Hopefully they release a news soon.
They updated everyone constantly when they were actually building stuff. So i am not sure why they would have changed their policy to building in secrecy without any github activity or any media updates. I think that they just failed. I am not sure why and i understand that some holders still want to believe.
I hope it turns out good for you guys since literally everything else is pumping, so why not this at some point.
It would probably help if they were in some reputable exchange.
I really think that part of the failure was the guy that kept relentlessly spamming this thread with non sto FUD. That's actually pretty effective.