Although Jonathan Nolan has said that starwalker is still going ahead. The blog and facebook group have been officially abandoned and Jonathan Nolan has started a new blog.
On this new blog, he has taken to trolling and insulting new forums and sites. Not really the behavior of a professional business man. More of a mentally unstable man-child.
Unfortunately they are still allowing people to enter the competition for hefty fee.
So it looks like Starwalker was nothing but a money making scam for those involved.