raising money before something is functional
the companies that go through ICO - dont publish their software on opensource right away. They do that months later. The open source code is actually not that decentralized. Few developers making decisions.
Monetary policy can be changed with a fork OR without a fork.
Most ICO's have a monetary policy.
What should be the inflation rate.
How many coins are awarded for a block mining
Token distribution - how much the founding team is keeping for themselves.
It can last mostly for 30-60 days. But EOS did it for 350 days.
Dutch Auction
Use of Native token