First off, I love all the hype about this project. We have seen in the past that hype + development releases = MOON! I personally like the concept of decentralised web.
Substratum has recently launched the first public beta - Read more here: substratum.net/how-it-works/ You can now run a SubstratumNode to see how things work.
Regarding the price action, we see a nice correction from it's recent high of 0.000111 (11,100 satoshi). Looking for a LONG position around 0.000056 (5,600 Satoshi) - about 50% correction from recent high.