After checking a lot of ICO Whitepapers and Business structures I came to the conclusion that this is completly irrerelevant as you do not get a share/dividend/voting right or whatsoever !
So I don't understand the useless discussion about Hong Kong , Austria etc. It is for my understanding just the place where Ico's are not regulated.(Singapore,Cayman's, HK )
Well, you are right. You are not getting shares but you have to rely on the token issuer in an ICO that he actually has the assets he claims to have otherwise its a fraud. You are an investor and you need to trust the information provided. Even ICO investors are protected by law and ICO teams are held responsible by law. Nothing changed in this respect.
If a third party claims that an ICO team infringes its Intellectual Property as General Bytes does in this case, I think it's more than fair to discuss this at length?