This is a great article. Thank you for pointing out something that most ICO investors speculators probably don't consider. The article did leave me with a few questions though:

1. What constitutes a centralized ICO? Is it the same thing as a centralized blockchain? If not, how is it different?
2. Can you give us some examples of centralized ICOs? Perhaps it would stir up some concrete debate as to what aspects of centralization are the most dangerous and how to model ICOs to prevent it.