Perhaps the growth of bitcoin will return interest to crypto currencies and ICO to the previous level. In this case, the hard cap will be collected.

Yes, as far as I know in that region there are regular devaluations of local currencies.

In this way they can open up opportunities for people and artists to start their careers in the blockchain music industry. This SOUNDEON idea is amazing, paving the way for everyone who wants to work in the music industry.

I agree with you, judging by what has already been done in the project, good funds have already been invested.

The road will be open to all who have the talent or force of persuasion of investors 

I think that the next big update will be done after the end of ICO.

Maybe I'm wrong but the level of corruption in this business is high in any country. Monopoly always leads to this.

I think that this is unlikely to happen. It is difficult to estimate the cost of initial investment because it is more important than just money.

In this case, we must wait for boom of ICO number 2.