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??
the amount of money raised at ico fundraising can give an idea of how a project will develop. but if the developer cannot properly use it and they do not innovate on the project created then it can fail. for me the developer team is a matter that must be considered, even though the funds collected are small but if managed by a qualified team, it is likely that the project will succeed.