Yeah I could see that happening. That is somewhat what happened with EOS. Suddenly the big exchanges were a lot of the block producers and then suddenly there were a few Chinese super whales and they had sock puppet accounts so they would be controlling several Block Producers and it got to a point where there were probably actually about 6 Block Producers and a lot of the projects that made really good Dapps, Wallets, ....etc weren't even able to get their Block Producers in the top 21.
Yeah I could see that happening. That is somewhat what happened with EOS. Suddenly the big exchanges were a lot of the block producers and then suddenly there were a few Chinese super whales and they had sock puppet accounts so they would be controlling several Block Producers and it got to a point where there were probably actually about 6 Block Producers and a lot of the projects that made really good Dapps, Wallets, ....etc weren't even able to get their Block Producers in the top 21.