In a journal on DeviantArt posted today, 4DCube, CFO of ArtRise, confirms the project dead and that PokeMutt stole their code to build Buzzly.art. The only official employee still aboard the ship, he's trying to refund all donations before formally dissolving the company.
I joined the dA Group amid the lifeboat scramble when Eclipse launched, only to hear virtually no news on progress and a whole lot of rumour-milling in the comments. I was a cursory observer at best and wasn't party to its forum dramas, but it's still sad to see good intentions torn asunder by toxic leadership. It's somewhat ironic that the guy holding the purse strings turned out to be the one with integrity.