diff --git a/README.md b/README.md
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+++ b/README.md
@@ -1,3 +1,43 @@
-# Pomegranate
+<h3 align="center">An implementation of IPFS in JavaScript.</h3>
 
-> An implementation of IPFS in JavaScript
+### Project status
+
+This project is pre-alpha and is planned for development in late 2022, with an initial "v1" release in [late Q1 2023](/ROADMAP.md#late-q1-march). The project will be built in the open. Community contributors are welcome.
+
+## Table of Contents <!-- omit in toc -->
+
+- [Name](#name)
+- [Background](#background)
+- [Roadmap](#roadmap)
+- [Contribute](#contribute)
+- [License](#license)
+  - [Contribution](#contribution)
+
+## Name
+
+This project has not yet been named. It will [not](https://github.com/ipfs/ipfs/issues/470) be named IPFS. "Pomegranate" is a temporary codename. Please [propose a name, and/or vote for a name idea here](https://github.com/ipfs/pomegranate/issues/3).
+
+## Background
+
+This project aims to build a lean, modular, modern implementation of IPFS, the Interplanetary File System.
+
+For more information, see the [State of IPFS in JS (blog post)](https://blog.ipfs.tech/state-of-ipfs-in-js/).
+
+## Roadmap
+
+The roadmap can be found here: https://github.com/ipfs/pomegranate/issues/5
+
+## Contribute
+
+This IPFS implementation in JavaScript is a work in progress. [Here are some ways you can help](https://blog.ipfs.tech/state-of-ipfs-in-js/#%F0%9F%A4%9D-ways-you-can-help).
+ 
+## License
+
+Licensed under either of
+
+ * Apache 2.0, ([LICENSE-APACHE](LICENSE-APACHE) / http://www.apache.org/licenses/LICENSE-2.0)
+ * MIT ([LICENSE-MIT](LICENSE-MIT) / http://opensource.org/licenses/MIT)
+
+### Contribution
+
+Unless you explicitly state otherwise, any contribution intentionally submitted for inclusion in the work by you, as defined in the Apache-2.0 license, shall be dual licensed as above, without any additional terms or conditions.