I want to note that the hard cap is rather modest for a project that already has real grounds and a functioning business.
You're right, but now on the market is hard times, I do not know how this will affect to ICO.I would very much like to hope for it. According to all forecasts this month the market should recover, I hope this is indeed so.
However, traders have different expectations depending on their portfolio
What does a market recovery mean? If Bitcoin goes up a lot we all know what will happen to alts during that time. They will suffer a lot because everyone wants to hold Bitcoin. Usually alts did well when Bitcoin was steady.