It is possible that this project will be able to achieve its goal of raising funds, although on the website I did not see how the fundraising was going.
But I feel the ico came at a wrong time where everyone is watching the market to see what happens next. Only a few are paying attention to ico projects and what they are going to solve. If the market becomes stable a lot of investors will surely invest in minedblock.
No one knows, this might be the perfect time!
Many people were waiting for this dip! They will take entry in crypto now in anyways! Finding this kind of promising sure wont let them down!