People are not interested in ICOs like before. It is very difficult to raise big money. Securix is facing even more problems than other projects. Even if they had raised enough money, they wouldn't be able to be successful. Because mining is no longer profitable.
I agree, now is not the best time for mining, but this is temporary. As soon as the market starts to grow, the mining boom will start again, but the entry threshold will be much larger than now.
Though mining must be done for the development of the applications offered, Securix is quite difficult to deal with this situation, I cannot imagine this. The market went down and many miners stopped with mining activities, did Securix also do this?
Now there is an alternative for mining. Same "grin". Of course, this deviates from the original direction of this project, but it is better to work with what is, than to do nothing