I'm not sure about the status of the implementation since this project is rather old from 2014. It was born before Ethereum . And still the concept is more important than ever and had created some buzz around recent ICOs that promised to do the same.
The coin looks good to go for another pump cycle. The turned around to positive divergences and the price found support on the 100 week average for some days now. The price broke any major support line that can be drawn. Now is the time to accumulate and to hope that their product is ripe before the ICO projects get going with their implementation. Or that they can jump on the "me too" bandwagon and appreciate in value.
EDIT: Looking at the past bubbles it doesn't seem finished yet. They all went down to zero and below the level of where the bubble started. So here is not the end of the downward movement but maybe a little spike to the upside.