I feel like you are fundamentally misunderstanding what stage of development the company is in, and even what the purpose of an ICO is.
Good point that some readers might think I was referring to a developed product, not an ICO. I updated my post accordingly to clarify that my review is about the Sphere ICO, not about a Sphere developed and released final product.
You utter the words "for profit" as if they were some sort of crime.
I was not implying that. My point is that "usually" a corporation first priority is to hoard money. Not serve the users and protect their privacy. Compare to other ICO which are owned by not-for profit organization.
My point is that open source software are more secure. Because the code is available publicly. So it can not be review by the public. And open source software is usually focused on people-servant, instead of money-servant. Related video for users and buyers, about why not-for profit open source software is better for you at
https://youtu.be/ZPPikY3uLIQ How about we agree that we have different priority? Feel free to have your own priority. To each their own.
Open-source has its place, and it's certainly fun for those working on it, but there are benefits to not being open-source as well- namely fast, organized decision-making, and being able to pay the experts we need to make the code work, rather than just hoping someone will come along with the expertise needed.
I founded a corporation 23 years ago. Since then we where able to achieve all of these benefits with open source software. Have you previously successfully tried a business model based on fully open source software? Again how about we agree that we have different interest about the type of software and their respective future? Please do feel really free to not use open source. To each their own.
Related video for investors, about why open source software is a better investment for you at
https://youtu.be/fch9WjHjAXI 