More than 15% of the market currently is not a bad score I think. The period is very hard and the ico market not so easy, I think that it will work better if the market restart to go well. There is still time for sphere to raise more fund.
We are staying at the period of screening and eliminating low-quality, scam ICOs out of the crypto ecosystem. It's hard time for all of us, but we need it to clean out the crypto world which burried by tons of shitty ICOs launched last year.