Softcap usually indicates the minimum amount for project continuation. So I guess even if ICO will gather only $2 mil, the project will go on, the question is how fast...
I'd also want to see some numbers in case only softcap will be raised, but I think the number will be much higher. If I'm not mistaken, devs said that they are negotiating with private investors, and imo majority of investments here will come from private or institutional investors.