Hi @crypto.piotr,
Thanks for your great comment.

Didn't you have impression, that STO never did as well as ICOs? Somehow STO wave was ... hardly noticed.

I agree with you the problem with STO was that ICO had already desilussioned most people.

I'm not sure if I agree your points about distribution. It seem that you believe, that mass adoption is always good and necessary. I don't think that way.

If I look at the distribution of a token, I believe that if the more people own it, the more legitimacy it has. Of course this is my personal opinion only. I think that it's not a big difference if there 10K or 1K who own the token. But it makes a big difference if it's 50 people or 1'000 people. For many tokens I think that there are not even 1000 token owners.

Wish you a nice week start!
Best regards,
Achim