Why most lending icos like regal coin, poly network, bitserial and others have a question mark on coinmarketcap?

Most of these lending icos are not even a cryptocourrency, in reality they are a centralized exchange like bittrex or poloniex. To be decentralized you at least will need a blockchain.

**Bitconnect and credence coin are the only platforms where you could tell the exact amount  in circulation. When you study these platform you could tell these are the only ones who actually are worth the time and an investment long term.

**davorr and grx are to be trusted, davor will release their own wallet tomorrow and gold rewads runs on the etheruem blockchain, so we will be able to verify the coins in circulation.

*western coin and hextra i trust them as a team but they not decentralized yet.

i'm not technical so i know i will sound ignorant to the people that actually know about blockchain technology functions. But i felt necessity to do this because none of you are guiding the new guys.


This is my video where i explained that most of these icos are centralized exchanges: please let me know what you think

https://www.youtube.com/watch?v=uYh9CFibH1k