> A group of Bay Area programmers this year used an I.C.O. to raise $35 million for their project, an anonymous web browser called Brave As in Brave, the new browser from Brendan Eich (founder of Mozilla, famously invented JavaScript in 10 days)? Hardly a scam... Either the reporter didn't do their research or twisted the facts to fit their story.
The scam was not so much with Brave, but how the BAT token was distributed. There were 184 investors in the BAT ICO -- is this a fair distribution for what is proposed to be the new attention economy? The scam is in the back end of how ICO's are run. Even if the project is legit, doesn't mean the token distribution was legit. $35m in 30 seconds?? More details: https://medium.com/the-bitcoin-podcast-blog/a-look-at-the…
Diffused to over 19,000 holders now: