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??
Amount raised does not in anyway determine the success of the project because if the project have no use case or product, it has no meaning. Also fund raising is never necessary as many projects are self funded. I don't know about satoshi but vitalik had a token sale
I agree to this statement not all icos project that raised a huge amount are become success in the market those project that have no real product or a strong fundamental will became a nonesense project because you can say a project that have a real product can be possible to success in the future.