Development takes a time and it is very difficult on the stage of IEO to predict the future success of the cryptocurrency startup.
It is necessary to check how the project will continue to develop after the end of the IEO. Project must have a develop ecosystem and useful tokens.
These tokens are useful. It is interesting whether all planned activities will be implemented. At the moment, investors are very cautious and it is difficult to raise large funds to develop projects. Let's hope that TLS will succeed.
Very often the realization of all planned ideas depends from how many money was collected during IEO. And you are right, now it is difficult to raise large funds.
Unfortunately, but the entire cryptocurrency market is in a period of stagnation and fear of further price drops, which is why investors are afraid to put money on table and this is a natural reaction.
Let's wait for the dev team to officially announce the amount collected. Then we will have a bigger picture of what awaits us and the TLS project in the future.