And what about its development progress? I'm more interested in it than the outcome of its ICO because its the one thing that could define whether it will be a success or failure.
Right now they are working on MVP and there is still months it to be ready and i think they may spending their manpower to convince private investor so not sure there should be any progress to share

This is what I think as well. I don't know how much manpower they have allocated to the MVP development but they certainly are trying to
bring more investors aboard.
For this it would help to get more information about what they are doing.
We dont know, if they are doing nothing or are working very hard.
So the best thing to avoid this doubts is to give some new information about something, no matter how less it is.