diff --git a/README.md b/README.md
index cfa946253016..ec9f72375421 100644
--- a/README.md
+++ b/README.md
@@ -11,29 +11,75 @@ theory behind these constructors is researched in
[DOT](http://www.cs.uwm.edu/~boyland/fool2012/papers/fool2012_submission_3.pdf),
a calculus for dependent object types.
-The dotty compiler is largely a new design. It takes a more functional
-approach than current scalac, paired with aggressive caching to
-achieve good performance. Some parts, in particular those that have to
-do with configuration and input/output are ported from the Scala
-compiler. The compiler is fully functional, in particular it can
-compile itself. But there's more work needed (and planned) on
-polishing rough edges, improving diagnostics, improving compilation
-speed, and embedding in other tools.
-
-We expect that, over time, some of the new technologies explored in
-this project will find their way into future versions of Scala. At
-present it is too early to say which ones and when.
-
-If you want to try it out, to get started have a look at
+####Current status:
+ _Technology preview_: currently unsupported, may be functionally incomplete or unsuitable for production use.
+
+####Is it going to be the future Scala?
+Yes, eventually.
+
+####Who's working on it?
+See [github contributors page](https://github.com/lampepfl/dotty/graphs/contributors).
+
+####What are the features that could make me consider trying it?
+| Feature | Status |
+|---------------------------------------------------------------------------------------------------------|---------------------|
+| Union, Intersection and [Literal singleton types](http://docs.scala-lang.org/sips/pending/42.type.html) | Implemented |
+| Fast compilation(phase fusion) | Implemented |
+| [Trait parameters](http://docs.scala-lang.org/sips/pending/trait-parameters.html) | Implemented |
+| [@Static methods and fields](https://github.com/scala/scala.github.com/pull/491) | Implemented |
+| Colored Repl | Implemented |
+| Sbt incremental build | Implemented |
+| Non-blocking lazy vals | Implemented |
+| Option-less pattern matching(based on [name-based patmat](https://github.com/scala/scala/pull/2848)) | Implemented |
+| Function arity adaptation | Implemented |
+| | |
+| Non-boxed arrays of value classes | In progress |
+| Working contravariant implicits | In progress |
+| [Auto-Specialization](https://github.com/dotty-linker/dotty) | In progress |
+| [Whole program optimizer](https://github.com/dotty-linker/dotty) | In progress |
+| [Library defined optimizations](https://github.com/dotty-linker/dotty) | In progress |
+| | |
+| HList & HMaps\Record types | Under consideration |
+| Implicit functions | Under consideration |
+| Effects | Under consideration |
+| Auto-completion in repl | Under consideration |
+| Spec Option-less pattern matching | Under consideration |
+| Multiverse equality | Under consideration |
+| Exhaustivity checks in pattern matching | Under consideration |
+There are also plethora of small details such as [per-callsite @tailrec annotations](https://github.com/lampepfl/dotty/issues/1221)
+
+####What are the complications that I can have If I start using Dotty?
+Dotty can use libraries compiled by scalac 2.11, but Scala scalac can't use libraries compiled by Dotty.
+No existential types.
+No macro support yet. We have big plans here.
+No early initializers. No scala.DelayedInit. Use trait parameters instead.
+Whole program optimizer will only work if all dependencies are compiled by Dotty.
+
+
+####Can I write my code in a way that is going to be compatible with Scalac & Dotty?
+Yes, Dotty itself is a project that can be compiled by both Dotty and Scalac.
+It's not very hard, and the biggest thing that you will likely miss is using macros.
+
+####How can I try it out?
https://github.com/lampepfl/dotty/wiki/Getting-Started.
+Here’s an example sbt project and instructions on how to set it up: https://github.com/smarter/dotty-example-project/
+We have colored REPL :-). You can invoke it by running `dotc -repl`.
-Developers mailing list is https://groups.google.com/forum/#!forum/dotty-internals.
+####We also have:
+Basic support for Scala.js,
+[Prototype](https://github.com/scala-native/scala-native/tree/topic/dotty-support) of compilation to x86 native code(Shabalin)
+####What about scalac:
+Scalac is the basis for stability in scala. We expect scalac & dotty to coexist for long time.
+
+####Contributions are welcome!
+We invite you to help us build the future of Scala.
+This is the best moment to participate, as everyone can make an impact.
-
+####SI-2712?
+If scalac will put it into 2.12, we’ll mimic their behaviour. But we have bigger plans for
+HK-types.
-
- supports open source projects with its full-featured Java Profiler.
-YourKit, LLC is the creator of [YourKit Java Profiler](https://www.yourkit.com/java/profiler/index.jsp).
+Developers mailing list is https://groups.google.com/forum/#!forum/dotty-internals.