I thought all cryptocurrency was decentralized? In all the readings I have done, I have not come across this thing about a centralized team in Ethereum, so this is good learning for me in this forum. Until today I only read and do no participate, I only sent Bitcoins to an exchange about one month ago but never dared to buy anything. Still watching and learning, thank you for this information.
They wish.
Most people, even teams building an ICO, have not yet crasp the idea of what is decentralization.
A truly decentralized token, doesn't have any control by anyone or anybody, either person or organisation, country or community.
It runs autonomously.
But how would a project benefit if it was totally decentralised? It just can't.
But lets not mix decentralised with blockchain. A project can use the blockchain and at the same time be centralized. Most prefer to call it semi-centralised, although its just a marketing name.