Yea I'm concerned about the concentrated holdings too. Who are these people and what are their plans to sell? It could keep a lid on BAT for a while. I think we'll see a change in the way ICOs are done. Vinny Lingham put out a piece yesterday regarding the Civic ICO... I haven't read it yet... but know they are planning a fairer distribution model.
Ps - I'll have to check out UBIQ, keep hearing that name.