Kapu main wallet (KPMVQXLmKSPKTG2sg7jFHDCUWuRFg9KViz) holds over 70% of the entire supply. If someone still supporting this coin, can clarify how is this acceptable??

The current situation is worst than ripple one but their is rightly accused:

"It has also been alleged that Ripple holds over 60% of the entire XRP supply. This clearly violates the conditions for a truly decentralized cryptocurrency..."  

Of course nobody cares but even if the team starts working this would remain a red flag.

My opinion: share the content with ico partecipants which are victims of your abandonment