I guess you're using
emulator.
First you have to open the project in your Visual Studio using VisualSVN and following URL:
You can get more details from the post of Jaeru in the Development thread.
To setup the database you have to use Account.edmx and World.edmx
Open the designer.
Then right click on it and use "Generate database using module" or something.. Just got the German version lol
Select a new Connection using your Database.
Database Name of Account.edmx = Zepheus_Account
Database Name of World.edmx = Zepheus_World
Then press Continue. Press Complete.
There should be a script appearing.
To create the tables and finish you have to click the Play button on the top.
If you have any other questions just write a pm to me.
I'll maybe add some pictures if that's still to hard for you lol
Edit:
a tutorial which may be useful for you.