I think their team has been probably been working on business development and will have a viable product soon. I met @cob in person at Inside Bitcoins L.V. in 2014 and he left a good impression on me. I think that some stakeholders are so used to the quick movements in crypto market and forget that building a business can take years of focused effort.

Given the way that @cob was treated by the Bitshares community, I'm not surprised that he stopped wasting his energy on keeping us in the loop. That's not to say they could not have done a better job on communicating status to stakeholders. There is always room for improvement.

I'd like to expunge the negative energy around this project and see what it can do. I've always been fascinated by the use case they are proposing to solve. Maybe @cob will come back around and rejoin the community one day too.