It would be fine if they did this since the start.
This is the first time in any Destiny pve activity where you do something and come out with nothing to show. Strikes gave engrams and gear. It was crappy but it was still there.
Daily heroics give Legendary Marks.
Nightfalls give crap stuff or 3oC or Strange Coins.
But all of them at least gave you something to show for it.
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Oh, don't get me wrong. I feel they broke the nightfall to the point it's not worth doing. The drops on kings fall are a joke. You either get nothing which is bs or you get gear lower than what u have which is a like a jab at u. I think they need to fix it but at this point I just don't care anymore. The game is what it is.