Well,
It's about building a website along the lines of SecondLife.
It will be completely Flash-Based - and we can include all the features of a community in there - like Profiles, Blogs, Forums, Games, Homes, etc. It's like taking online interaction to the next level...!

I have a considerable experience with Flash - to start working on it atleast - but i'll need help with the avatar sketchings - the PHP backend , etc.