UnikoinGold - Unikrn

UnikoinGold - Unikrn

Created using Figma
Created using Figma
UnikoinGold is an ERC20 Ethereum-based token that will serve as an entry to a new version of the existing Unikrn spectator betting system, and it will also become the exclusive token used on our new skill-based betting platform. It will power both wagering and non-wagering experiences throughout the Unikrn platform, thus creating a first viable esports eco-system that will reward the players, content-creators and spectators alike.
Risk: High
  • Market
    Price
    Open 24H
    Range 24H
    Volume 24H
    Change 24H
  • Yobit
    4 hours ago
    $ 0.0308
    $ 0.0308
    L: $ 0.0308
    H: $ 0.0308
    $ 0.7754
    0.00%
Sep 22, 2017
Oct 1, 2017
100% completed
$32 345 171
135% goal completed
Goal 110 000 ETH
past
  • 866 UKG
    =
    1 ETH
Token Details
Ticker
UNIKOINGOLD
Company Details
Registered Country
USA
Additional Details
Categories
Entertainment, Sports

About UnikoinGold - Unikrn

Unikrn built the most technologically advanced sportsbook for esports. We run the best fully-regulated and licensed esports bookmaker on the planet.

Unikrn raised $10,000,000 in investment from Ashton Kutcher, Mark Cuban, Shari Redstone, Elisabeth Murdoch, and others. Our lead investor was an early investor in Snapchat, Twitter, and Instagram. They launched a separate finance business which is one of the largest movers of cryptocurrency in the world.

Less than two years ago, we created a token called “Unikoin”. With over a quarter of a billion Unikoins turned over we feel it’s time to introduce our cryptocurrency: UnikoinGold.

Abstract

We will describe a custom cryptocurrency coin called UnikoinGold that is designed as a decentralized ERC20 token on the Ethereum blockchain utilized for and allowing for the exchange and interchange of a virtual point-based reward system for the purpose of legal and licensed betting on esports matches, tournaments and other engagement around gaming. UnikoinGold will also be used as a rewards and incentive token for esports participants, players and teams.

The coin will be an entry to a new version of the existing Unikrn spectator betting system, and it will also become the exclusive token used on a new skill-based betting platform. UnikoinGold will power the most immersive live-betting platform for esports.

Our intention: the coin will serve as a decentralized proxy of value creating a decentralized, community-driven virtual economy. That economy will increase in turnover based on our new skill platform, live betting experience and global expansion of an exclusive token betting esports platform. Trades will be executed by a system of Ethereum smart contracts that are publicly accessible and that will be open and transparent to the network.

Token Distribution

Total Tokens: 1 Billion

  • Team Pool: 10%
  • Unikrn Betting Reserve: 15%
  • Marketing & Partnerships: 15%
  • Token Sale: 20%
  • Development & Contractors: 20%
  • Company Cold Storage: 20%

 

Features

- Developed by Unikrn which has built the technologically-advanced wagering platform for esports, including both skill-based and spectator betting products (raised over $10M of venture capital)
- Allows for the exchange and interchange of a virtual point-based reward system for the purpose of legal and licensed betting on esports matches, tournaments and other engagement around gaming
- UnikoinGold will also be used as a rewards and incentive token for esports participants, players and teams

Technical Info

Technical details:  Ethereum ERC20 Token Proof of developer:  Public team

Activity

Posts:
2 329
VERY HIGH
Followers:
4 844
MEDIUM
Likes:
4 722
MEDIUM
Rating:
4.90
VERY HIGH
Reviews:
26
LOW
Followers:
20 424
VERY HIGH
Tweets:
10 147
VERY HIGH
Alexa
Rank:
1 230 113
VERY LOW
Delta:
165 318
Year commits:
12
Watchers:
10
Stars:
18
Forks:
7
Open issues:
0

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Rahul Sood
Co-Founder and CEO
unverified
Karl Flores
Co-Founder and CMO
unverified
Daniel Rudolph
CTO
unverified
Andrew Donley
Lead crypto engineer
unverified
Bryce Blum
Outside general counsel
unverified
Kingsley Edwards
VP business development
unverified
David Antivilo
Director
unverified
Spencer Yang
Head of Asia
unverified
Joe Wallin
Unikrn Corporate Lawyer, Carney Badley Spellman
unverified
J. Dax Hansen
Digital Currency & Token Sale Lawyer, Perkins Coie
unverified
Jeff Ifrah
Gambling and Compliance Lawyer, Ifrah Law
unverified
Shane Fontaine
Lead Crypto Engineer, CoinCircle
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Chris Grove
Advisor
unverified

9 ICOs

$238 866 498

Advisor
unverified
Erick Miller
Advisor
unverified

Last News

$ 0.0296
-1.42%
Coin Stats
Daily, %:
-1.42%
Weekly, %:
-12.53%
Monthly, %:
-23.43%
Market Info
Market Cap:
$ 4.850 M
Volume 24h:
$ 75.341 K
Circ. Supply:
141.472 M UKG
Ticker:
UKG
ICO profit
X 0.0001
ICO Price~$216.71
3.17
risky+
5.0 7
ICO Profile Vision Activity Potential Product Team

UnikoinGold - Unikrn Reviews

crushcrypto.com
review

Opportunities:
Very solid team with the co-founders having deep expertise in the gaming industry.
Unikrn has already gone through the due diligence process of a number of investors and received their backing. Investors who invested in Unikrn in its Series A include: Advancit Capital (Shari Redstone), Binary Capital, Mark Cuban Companies (Mark Cuban), Freeland Ventures (Elisabeth Murdoch), Sound Ventures (Ashton Kutcher, Guy O’Seary), 500 Startups, Tabcorp Inc. and Hyberspeed Ventures (Erick Miller).
Unlike most of the other eSports betting platforms, Unikrn’s betting platform is tightly integrated with the gaming experience. For example, you don’t need to go to a separate site to wager your bets. Betting and other interactions with the game all happen on the same place.
Because of the above, Unikrn probably caters more to casual gamers / spectators. Not only can users win UKG tokens, they can also win in-game items such as skins, gaming gear, etc., increasing the use cases for UKG tokens.
The eSports industry is growing rapidly and eSports wagering should follow suit. Unikrn stands to benefit from this trend. According to research from Eilers & Krejcik, gaming projects that regulated sportsbook-style wagering on eSports matches will reach $20 billion by 2020.
Unikrn’s target users (mostly young male) should be receptive to cryptocurrency and keen to try out UKG tokens.
There are not many direct competitors to Unikrn in the blockchain space. Gimli is the only project that also focuses on eSports betting, but Unikrn is at a much more advanced stage.

Concerns:
ICO participants represent 20% of total supply of tokens, meaning that the market cap on a fully diluted basis is $500 million if hard cap is reached. That is a very high valuation for an ICO project.
Because of the growth in eSports, Unikrn faces stiff competition from both traditional online betting companies and startups focusing on eSports. We have looked at numerous pages suggesting the best sites for eSports betting (source 1, source 2, source 3, source 4, and source 5, and Unikrn does not show up on any of the rankings.
Unikrn is probably going to have a hard time getting other third party betting operators to adopt UKG tokens.
Regulations would hinder the speed of Unikrn expanding from country to country.
Unikrn will be releasing tokens that are in reserve in order to stabilize token price, which may limit the upside of the tokens.

Conclusion:
Overall, we are neutral about this ICO for its short-term potential but like its long-term potential. Our thoughts of the tokens for short term and long term are as follows:
For short-term holding
Neutral. The project is very hyped up – this is the first ICO that Mark Cuban is involved in. However, hard cap of $100 million is very high.
The amount of contribution depends heavily on the market environment, which is pretty unpredictable now that the Metropolis upgrade for Ethereum is coming soon.
For long-term holding
Good. Unikrn has a large presence in the eSports scene and is the prime candidate to benefit from the rapidly growing eSports industry. We believe the introduction of UKG tokens would attract crypto investors to try out the platform as they fit the target demography of Unikrn (mostly young male).
If Unikrn becomes successful, it has the potential to become the go-to place for eSports betting and spectating, which is a huge industry in the long-term.

 

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