Update README

README.md

@@ -1,4 +1,34 @@
 billingstack
 ============
 
-billingstack
+What is Billingstack?
+BillingStack is a convergence of efforts done in the previous started Bufunfa
+project and the BillingStack Grails (Java) version by Luis Gervaso. 
+
+The goal is to provide a free alternative to anyone that has a need for a
+subscription based billingsystem with features compared to other popular ones.
+
+
+Features include:
+* Plans - Collections of Products like Compute Gold or similar
+* Products - A Compute server for example
+* Merchants - Multi-Tenancy via Merchants where the Merchant is the Tenant of
+              the application and can have multiple Customers, it's own
+              settings etc.
+
+* Plugin based Storage API - The Storage API is pluggable and other backends
+              can be added.
+* REST API - Currently based on Pecan for V1.
+
+
+Installing
+==========
+
+1. git clone https://github.com/billingstack/billingstack
+2. virtualenv .venv
+3. pip install -r tools/test-requires -r tools/pip-options -r tools/pip-requires
+4. python setup.py develop
+5. Edit the config to your liking
+   vi etc/billingstack/billingstack.conf
+6. Run the API
+   billingstack-api --config-file etc/billingstack/billingstack.conf