Steam Quietly Withdraws Under Fire MMO Ashes of Creation From Sale As Fans Wonder Who's Left to Maintain the Servers - IGN

Steam has quietly withdrawn under fire MMO Ashes of Creation from sale after its director and leadership team quit just weeks after launch.

IGN
Unless the monetization announcements are false, it would seem that they sold their souls to private equity, who have now turned around to milk the game for profits.
Not very effectively. Canceling the product isn’t usually great for profits.

We might have to wait until their announcement on the 13th to know more, but if the launching of new merch and discussions of overseas development is anything to go by, they might not be canceling it, but rather replacing the entire development team with a new one, all the while implementing microtransactions everywhere.

They’ll have lost most of the public’s goodwill in the process for doing so though.