The real tragedy here is coins, with 300-1500 BTC ICO's that promise the world way ahead of their proposed development schedule are being allowed to go to market with little to no consequence. If my intention was to scam, this would have been the way I would have approached it. I attempted to do the exact opposite. Think about that.
I am waiting for a responsible, verifiable party, to approach me to look at rebooting the project. I will notify everyone once that person(s) have been discovered and initiate the transition.
This was a novel experiment that I felt could change this space for the better. Instead, I (we) have learned that the majority of those in the alt space only care for quick profits and manipulation to achieve those profits.
The latter point should have been kind of obvious just based on all the quick pump/dumps run on Bittrex for the past several months. Part of the coin's problem may have been timing. If you did this several months ago, before Comm/ITC, perhaps it would have taken off better. Comm is a good example of the community driven coin ... and at first, got a lot of community people involved. Yet they basically ran into the same problem you did, without a real dev team -- coders -- there was nothing really added to their coin as unique features go. It also didn't help that their 'lead dev' more or less did nothing at all.
Saying a coin is run by the community or group is all well and good, but look around here. I mean, really, this alt scene has been described as a cesspool, and it's not that far off. You can get good people, but it'll be hit or miss if any of them sign up to help a coin or not. And finding coders... unless a coder is paid in a LOT of the coin he is working on, I'm not sure why he'd bother. You either need a coder onboard, or btc to pay a coder. Otherwise, a coin just sort of sits there in no-man's land.
+1... GPC had a great launch, with a good concept and promising community. It lacked a key ingredient.... a dev/ coder (either on-board or lined up). This is the reason why it failed/ is failing, not the market or (feeble) FUD attempts.