https://sia.tech/funding2016/ ? How is this any different? I realize that this doesn't concern an ICO, but still there is plenty of VC involvement to "taint" the project.
Sia didn't do an ICO. Every coin has been mined, with no premine (although I assume the developers mined the first few blocks at least). The investors could have mined too, if they wanted, along with anyone else. This seems more egalitarian to me.
