If one compares IPO->ICO, in that context then the SingularityNET ICO may not seem to have to forecast of "profitability" that one would usually associate with a successful public offering. However, in the context of the purpose of the AGI Token they offer, the initial demand was high and in fact overshot, pointing to anticipation (or hype, but I believe it was genuine anticipation) for the coin. It sold 500 million tokens, reaching the ceiling in 24 hours. Sales dates were pushed to allow more sales due to overselling. That points to an initial success, I think.

Looking at the purpose of the AGI Token which is to create an open AI exchange (if I understand it correctly), where AI developers use their services in exchange for the AGI token, or for other services, then looking back at that anticipation and over-sale of tokens, it appears there are interested and active investors who are looking to make this coin work. To me, that is successful in comparison to simply having a Public Offering where lots of people invest, often to only lose that money later. This seems to have a purpose.

What points to current success, the "doing so well", is the more than decent ratings a large portion of ICO watchdog sites are giving it for now (although many ICO watchers acknowledge the level of hype to date has been high).

Looking at the current numbers, you're probably going to say "meh"; especially considering the ICO hype pushed the price up, then it dwindled down to a low ebb and flow. But that isn't why I see high expectation, still, for this coin, right? It still has intentional use built into it, and according to the website the Platform Beta Release is coming in the next month or so, at which time the coin will begin to do its work.

So, for me, "doing so well" means there was meaning behind the ICO beyond just economics, the interest was there and was overwhelming, the project has code tied to the coin that is going to go live soon and (from what I read) anticipation is still there within the AI community and the investors.

But again, I ask the question here because compared to the statistics in the article above, SingularityNET appears to be... doing well.