I think the game is not dead, just the hardcore, level-rushing players think it’s dead. iTOS should have nerfed the exp rate to the ground. Also, reduce the exp cards (keep the quests line intact though) and spare the high level maps for future coming releases (like 1-2 maps per month/patches or so).
I wish the newly released of iTOS should have be like Maplestory (before Big Bang). Everything was so hard to level, and people actually have to party & grind for MONTHS to level up in small but crowded maps. Instead, iTOS gives us a tremendous map, quest & exp card systems that now makes everything easy (you can basically solo questing and grinding thus makes the game somewhat “boring”?!?) / Butt-hurt rushing players will just keep saying “nothing else to do, nothing else to play”. LOL!!!
Man, I love Maplestory a few years back so much. I pretty much had to do party quests for a whole month just to get from lv 30->50. Everything seems too easy now.

