Good question.

As Ant predicted, Sega's curious Project Ringo site received an update today, replacing the Flash animation teasing a date with a different Flash animation teasing a different date. Good work Sega!

Despite not revealing much, the website throws up lots of mathematical equations to which the answer is 247, presumably meaning 24 hours a day, 7 days a week, although it's not impossible for it to mean the 24th of July as a potential date.

And that's pretty much it. You can still make out the silhouette of a mysterious character and there's more apples to be seen, but we're no closer to knowing what Project Ringo is all about. Personally I'd like to see a cutesy MMORPG based around 16-bit-style characters, but we'll have to wait for more information when the next update lands on March the 12th.