May I ask what makes you come to that conclusion.
We already have a developed exchange with over 6500 traders after 3 months of beta launch. We have developed payment gateway with POS system with more than 200 merchants attached already. We have made contracts with over 10 companies to implement their products and services on the platform. We are corporate members of both https://www.access-sg.org/ https://singaporefintech.org/ here in Singapore. We have no minimum cap on our token sale, and development will continue regardless of the success (or lack thereof) of the token sale. It will, of course, impact the speed and scale, but not the existence, nor the development.