This is an interesting one. BRO has a very professional team and the bios of the team indicates a very well organized, serious operation. The team is OK. The use case is wonderful, an investor dream: gambling, the venture can not be unprofitable. So the market is OK as well. Still, following weeks of promotion the IPO is at the relatively low 274 BTC.

That indicates me two things:

1) If a great project like BRO can get only 274 BTC (which probably includes some money from BRO as well, but that's OK, some small push is part of the game) then the money is dried out from the altcoin market

2) ICOs like the 3000 BTC BitBay money gatherings are pure scam, in which the ICO organizer buys large part of the coins and hype the project. In this depressed market, anything that more than what BRO gets simply can not be real.

I understand this thread is not here to talk about other operations nor wondering about what scammers do, but I thought it is important to give credit for the very few projects like BRO which seems a genuine operation and not a scam.