Main dev has moved to another project (Steem). Community is stuck in a deadlock on the wrong state of the prisonner dilemma, namely everyone thinks why should they be the first one to show the example and make any effort without remuneration to help promoting the project for others to profit for free. This situation was created by introducing remuneration too early which destroyed all incentives for volunteering and ruined the spirit of the project. There is also very bad precedents of changing the concept too many times and stake dilutions that have created almost irrecoverable stigma in the community that makes any discussion about further dilution taboo and prevent the project from bringing in fresh blood and capital by running further rounds of crowdfunding. Note that Bitshares isn't the only promising project stuck in that state. NXT is exactly in the same position. Both projects are valuable pieces of infrastructure with a lot of potential but that have lost their mojo and are stuck in a social deadlock. The only way they could get back on track is if their communities get their acts together and accept to approve further dilution to finance a large scale crowdfunding.