Blot.re's landing page pretty much sums up...nothing. As far as I can tell, it's a way to have a status page much like twitter, but instead of posting a message, you post a color.
From reading the article it seems to me that it's not you, but your sensors that post the colour. So you specify the min/max range of your sensor values, a colour which is mapped to middle of that range and then the colour changes depending on the sensors current value.
His tree's site is empty, but it looks sort of like a Twitter for toasters.