It still might not be dead, I bailed out on the last TIPS (fedora coin) buy order on coinedup but this coin somehow survived and has an active TIPS/LTC market on cryptsy.
The dev activity has me worried, we need more posts, more activity, progress updates and information how to help and be involved.
He is probably spending the pre-mine on coke and hookers and next week he will be back with Sassafrasscoin a new POW/POS hybrid.
1% PREMINE
" - 1% premine for bounties, giveaways, development, support and maintenance, new feature developments etc. ""
that is
700000000 , 700 million coins!?