Too bad only one person knew about the exact business model and that person did not do his homework just about right.
There is no problem with the coin itself, the problem is with the ideology behind it.

If somebody wants to revive this coin, I suggest that they start selling extenders and power cables trough the store... like a whole lot of it. People will be happy that they can actually get something for their millions of coins and you will be happy, because the coin wont die just yet.
This way you will be able to clear up the millions in reserve, held by the community and eventually, after a long long time, accumulate enough resources to start selling expensive things again.
 
Imo, jumping on R9 280x was one of the first mistakes in this coin.
If you open up a car shop, you dont start selling Feraris and Mazerratis right away, you start with the cheap crap and expand from there.
Now, if only those werent IPO money... perhaps then the creator of the coin wouldnt have been so quick to jump on the expensive stuff...
Once again, IPO fails in the long run

Cheers to micryon and hendr1x, I think that you two should start an initiative together. Whatever it is, it will be a lot more successful than this.