as the title says, can anyone tell me why this was cancelled?? it looked like it was going pretty well too.

stupid photobucket, wanting $400/yr just to display your images

The reason is probably because this project was understaffed. Manhwa consumerism is not as much in Korea as in Japan, therefore (as in the case with many dropped manhwa) if it doesn't gain enough popularity, then the project can be dropped. :/

I was getting quite invested into this manhwa as well.