In a recent Google Hangouts chat, Dennis Woodside, CEO of Motorola, revealed that Motorola's upcoming modular smartphone concept called "Project Ara" is actually nearing prototype status. This is a surprising sign that the technology is advancing quickly although he admitted that it's still further out from becoming a retail product. In his chat he also revealed that the device could possibly be sold through the Moto Maker website just as the current customizable Moto X is sold. Form the direction they are taking with this, it appears that Motorola is planning on developing a smartphone which is completely customizable from the get-go for consumers. It will basically allow you to "craft" your own smartphone. Check out the video above for even more intriguing hints into this potential future tech.