Update
Added IPO date
We are making good progress with the website and it should be ready by sunday. Most likely there will be some additional polish needed, but the important part, offering information in a nicer form than currently, will be offered.
The second whitepaper is making progress as well, but sadly not as fast as we like. The first version will be released on Sunday. It will be pretty messy though, as the whole concept is not exactly easy to grasp and put down in an easy and comprehensive form. So, be ready for some knots in your brain. We rather work on a second version after releasing the first instead of postponing the release.
By now we also decided how to approach the testnet. We will clone a not further specified "Proof Of Stake" coin and let it run on a couple of Odroids to simulate a nice and cozy little environment for initial testing. You might also want to take a look at those if you are heavy into NXT or some other purely POS coin.
http://hardkernel.com/main/products/prdt_info.phpThey can save you a lot of electricity and are perfectly fine for running a node if you are not into "Proof Of Work"
We also have our first candidate for the lock prototype, but more of that the next time.
Stay tuned!