Achieving hardcap is not a determinant that the ICO project was successful. The achievement of hard cap is only about ICO funding where the ICO should run well because there are no obstacles in terms of costs. All funding is minimally fulfilled and even reaches the upper limit. ICO funding is not a calculated problem here. If there is sufficient funding, but the project has not been successful, then there must be a follow-up evaluation step which can detect where the project error is.