Greedy ICOs- What the heck is going on???

[Revelations86]

Is it me or has anybody noticed how super greedy the new ICO teams are now? 

I can name dozens of ICOs where in addition to raising funds via the ICO are also distributing close to 50% of the tokens to themselves (under categories such as "Team/Founders", "Operations" "Advisors" "Promotions").  The other thing they do is set some ridiculously high price for the token which results in a ludicrous valuation.  A year ago, the majority of ICOs had a model where close to 100% of tokens/coins were equally distributed among the participates based on the value of their contributions.   What the hell happened?

[spixxen]

When you see the big picture and realize they are just hucksters............priceless.

[thorRJ]

It happened that some projects aim only at profit, forgetting the decentralization and seeking $$$ ..

[nicemycoin]

Is it me or has anybody noticed how super greedy the new ICO teams are now? 

I can name dozens of ICOs where in addition to raising funds via the ICO are also distributing close to 50% of the tokens to themselves (under categories such as "Team/Founders", "Operations" "Advisors" "Promotions").  The other thing they do is set some ridiculously high price for the token which results in a ludicrous valuation.  A year ago, the majority of ICOs had a model where close to 100% of tokens/coins were equally distributed among the participates based on the value of their contributions.   What the hell happened?

They could distribute close to 50% of the tokens to themselves or distribute to the investors,there are no diffirence I think. the keypoint is if they will focus on the project and work hard on it after the ICO stage.Many good project could be destroyed by the irresponsible team.