Why are people scared of centralized projects too? I thought keeping money in exchanges is the danger? I have Cronos and Sologenic in my wallet and I believe even with the going FUD they will bring me good profits or is there more that I should know?
Centralized project controls the decision and can any minute unload or unlock your funds in a system. This is alarming if ever there is something happened on their platform. It doesnt mean they are gonna do it but there are historical events where this happened in the past.
Maybe the one you are using has strong ties or good reputation. If its centralized then good for them if they keep their clients well satisfied.