Does the amount of money raised in an ico determine the success of the project??
Is a necessity to do a fund raiser in order to start up a project??
Did satoshi nakamoto and vitalik also started a fund raised??
It does not necessarily determine the succes of the project but it can be a starting point for it.
it's not a necessity to raise funds in order to start up a project. Some projects already had the financial resources to start their project without needing to raise funds