Actually the project is not dead but we suddenly lost all the devs (2 guys) who were supporting the chain in a technical way. They've quit the project or lost interest and dropped their activities. Unfortunately there wasn't much we could do with that. All of these things happened really suddenly. If you think they've dumped the dev-premine, don't worry, this is not the case. All the premined coins are safe. We can ask the original dev (fearofsalt) to show the screenshot of the premine-wallet.
So, to resume, the project is "dead" technically because it's lacking tech-resources to support it. But the idea is not dead. If someone can take over the project tech-wise that'd be great.
You definitely should have posted this a long time ago.
In all this time you could have at least kept the community updated on the shitty state of affairs.