Precisely as it says, it's a text RPG adventure with some absurd humor. In my usual degenerate manner I'll call it Legend of the Red Dragon by way of Kingdom of Loathing. Legend of Red Loaathing. It's still actively maintained as you can tell by the fifth mirror of the official wiki, but it also seems to suffer from technical difficulties as you can tell by the wiki needing five mirrors.
No news is available.