Do even you know what "pivot" is? It means that all Wings token holders will be able to convert their existing Wings tokens into the new project tokens. This as far from "abandoning" as possible.

And Ethereum was 1300$ all time high and now 130$, so? The bear market has hit hard everyone, especially projects that lost their value preposition as Wings once the ICO's were over. The next bull market will value projects that continued working and adapted, which exactly is what Wings are doing now.

Compared to absolute majority of projects out there it was a small amount, and Wings still managed bring it to a x100 market cap, trading all time high 200M$ (on addition to the rewards). It was quite an achievement, especially considering the majority of ICO's made absolute losses to their investors.