The most important things that really matter for a new project or startup to raise funds are the use cases/ applications or the practicality of the project, secondly, some luck is also involved or we can say acceptance level in general public, lastly relevancy of both the team and advisors is very important otherwise no one will take the project seriously.
Financial construction is essential for every project, and every project faces with financial problems sooner or later. Hard times are inevitable, but project is strong when it shows ability to survive hard times, team needs to be aware of that. Project is the team and supporters together, they need to have passion and strength to push even with hard financial problems, it`s the only way to see the project successful in long term, quitters will always quit and will never learn how to deal with problems.