Herocoin is an awesome project!
It's an online esports betting provider and want to build an API for 3rd parties to create an whole online betting ecosystem. They are the first Austrian (and probably whole EU) project which operates under a fully legal framework. The team is working on the project since 2014 and they raised 6000 ETH during the ICO - with more then 2500 backers.
Low market cap - flying under the radar - working product (prototype, the Token system is not implemented yet, planned for Q2 2018 latest) and as mentioned fully legal unlike many other projects