Unfortunately after 3+ years still in alpha.
Not the version "name" but the overall state.
The design and idea are nice, but there are less than 3 apps in the whole repo that are actually useful at least to me, to justify
an additional app store.
This seems that lack of interest from developers is the main
reason, they are just fine with F-Droid and have no plans to do anything about it. And let's be honest, around 99% of FOSS users are fine with F-Droid as well and run LineageOS of some sort, they don't verify apps or care much about security.
Maybe if Accerrescent will start making reproducible builds of
popular FOSS apps on GitHub and sign them with their keys it
will change it. But then it will be just F-Droid 2.0 with better approach.