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!
It might be a good thing for many to jump in at such times but for many others this is a really bad time given their assets were bought at a higher rate. Anyways I am not sure what this means to mining facilities you would think they would also be impacted. so not sure how will they go about such conditions.