Let's see what is current market price of ETH at first and that is $120. If we multiply the collected Ethereum it gives us a total sum of $704457. In my opinion this money should be enough to start building this kind of platform. If team is confident with raised money then I don't see any problem. Money management is more important than to collect large amount to spend on useless events and things.
Yes... This is a question for the team. Is she confident in this money to start developing? In my opinion, yes ... The idea and its implementation are important. This is what distinguishes it from numerous unnecessary projects. Idea! and exclusive, not just stuffing their pocket. Then there will be investors.