- LBRY/Odysee:
LBRY did not have a traditional ICO, but it did have a form of pre-mine. The LBRY Foundation retained a significant portion of the initially created LBC tokens for development and adoption.
Given this information, Telos stands out as having the most decentralized initial token distribution among these three, as it deliberately avoided an ICO or pre-sale to address centralization concerns.
The presence of an ICO or pre-sale doesn't necessarily negate decentralization efforts, but it can create initial imbalances in token distribution that may affect governance and network control. It's an important factor to consider when evaluating the overall decentralization of a network.