Check Blackcoin rich list and tell me if it is really a fair distribution, there is no fair distribution in any coin or metal out there, most things are owned by few people whether it is crypto, metals. stocks, or cash.
Disclaimer: I do own 15k blackcoin, so I do not have anything against the coin itself. I am just stating that there is no fair game here.
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Fair distribution in the sense that there was no premine/ instamine or ICOs AND it was only PoW at a time when an average person could mine without requiring mining farms. Now, if only a few people mined and it turned centralized as a result, you can't not call it a "fair distribution".
of course this is true in the absolute sense, but what we're not talking about completely eliminating centralization through a distribution process, but merely reducing it to a degree. Even bitcoin had Satoshi mining 1 million coin before anyone knew, this is of course, centralization, but it's still acceptable.
Some coins on the market these days are 75% (of the total projected supply)or more pre mined by the dev, or for PoS, mined just about enough that their interest rates would push their share to 75% or greater very soon. This amount of centralization, however, is not acceptable. You get the idea