Until launch it'll take a few months and many things can happen! Will development continue if ICO fails? Why do you need ICO? A long time ago I didn't see an ICO not token! I have already underestimated simple projects like this and suddenly missed good opportunities. Then in a few months I come back to see the result I wait there will be more explanations and continuity in any development.
The development will continue if ICO fails, all unsold coins will be moved to airdrop and bounties.
The ICO was needed to get some starting funds for the micro-wallet project, its not one of those million dollars ico, so its just the actual needed funds for servers and development for more than year.