I have seen smaller projects in crypto become very successful with less funding, I'm sure that will be enough to at least get them to a position where they can make Meridian well known! Congratulations on a successful ICO and raising the amount you did MDN devs, I hope you can make this project unique and huge!
I agree with you it just seems tiny in light of all those massive ICOs that have been run and are running right now. I sometimes think almost all of those projects raise way too much money for the technology they want to build. So this is a modest project and I like it because it sounds much more realistic than $50 million for a white paper.
Next step on the roadmap, they will list MDN on their first exchange.