Buddymatic Theme and BuddyPress

I installed the Buddymatic theme because it was supposed to be very compatible with buddypress. However, now that I have everything installed and activated, this is what I get:

Warning: constant() [function.constant]: Couldn’t find constant BP_HOME_BLOG_SLUG in C:\Program Files\xampp\xampp\htdocs\wp-content\themes\buddymatic\library\extensions\buddypress-extensions.php on line 107

Any thoughts? Any help would be very appreciated! Thanks!