the ICO result seem not well
Depends on what you compare it to. From our perspective we did pretty good.
We also raised 150K USD in 2015 through a VC investor on top of the ICO.
We have enough funds to continue development of Equibit.
$546,786 raised so far might seem like a small amount compared to other big ICOs, but if the funds are sufficient for continuing the development of the project, small cap ICO is actually better for investors because there will be bigger space for growth which might increase the price of the token.
If I am not mistaken there will be more rounds of ICO after this. Many ICO projects try to raise millions at once without having actually developed something. I prefer the way Equibit is doing the ICO, raising money in series and combining VC and crowdsale.
I wish you best of luck with the further development of decentralized securities platform!