Having a name as such as Distributed Energy Coin meant a lot for this project to the people. Coming with a use case for energy distribution, the token is said to be used for sharing energy amongst users. There doesn't seem to be anything wrong with the project as it presents a use case that kinda brings technology to our lives. It may have had to stop what it offered due to less support from the community and the people to which the services were been provided too.
Currently, though the project still has an operational website that shows the detailed information of the project, there is no activity being shown on its social media pages and it's token which is being traded on just one exchange has not received any activity too and may run the risk of being delisted. It would have been a great project but now, it has failed!