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RE: Crypto Holdings Are Anything But Decentralized
Yes, many alts are distributed much more evenly as the irony is that those projects are large holders in coins like ETH since that is what they accepted as payment. Even more the reason to have some alts in one's portfolio.
I wonder how much (and I really have no clue what the answer is here) of that collected ETH from ICOs is kept by the ICOs, and how much they change into fiat to build their company/launch the coin etc