Jeremy provides an update on his progress in building Liminal, a forum platform. He discusses the feedback he received on his product and the challenges he is facing. One challenge is the need for users to check multiple platforms for discussions, and he sees an opportunity to create a unified platform for forums. Another challenge is the lack of clear incentives for users to post on a new platform like forums compared to social media. Jeremy also talks about the progress he made on the thread page and his decision to use Markdown for post bodies. He shares his time tracking and commitment to working on Liminal in his spare time.