This "cryptocurrency" will probably be centralized (although they claim some level of decentralization). Most of these ICOs for niche currencies are created jus

This "cryptocurrency" will probably be centralized (although they claim some level of decentralization). Most of these ICOs for niche currencies are created just to try to take money from the current market frenzy, and most of them don't need decentralization at all, they just want to say that their company is investing in "blockchain technology" to get a piece of the cake.