Esports betting bitcoin stock price
Rahul Soodthe founder and chief executive of Unikrn, said he believed there was a natural fit between esports betting and cryptocurrencies after his company announced an offering for UnikoinGoldan Ethereum blockchain-based token. Unikrn hopes to build on the success of its existing Unikoin token, which gives users the ability to bet on esports in regulated markets and win prizes in markets where Unikrn is not licensed to operate.
According to the white paper issued to promote the offering, the new Esports betting bitcoin stock price will give additional functionality to its previously centralized token system. Users will be able the trade the Ethereum blockchain-based ERC20 token on the open market. The market will decide the value of each coin. Unikrn promises further benefits to UnikoinGold holders including exclusive immersive skill and spectator eSports products. The old Unikoin will then become UnikoinSilver and users will still be able to earn, bet and compete anywhere in the world.
Along with UnikoinGold holders, the Silver users will be able to acquire raffle tickets to win prizes. Those prizes include in-game item skins and gaming hardware. In the esports betting bitcoin stock price paper, the company warns that skin-betting sites are likely to take advantage of the widespread enthusiasm for token sales.
A number of gambling-related ICOs have taken place already or are in the works. The pre-sale will esports betting bitcoin stock price place for a day period in September and October with accepted currencies being: After the presale, buys must purchase UnikrnGold using Ether. Of the money from the ICO, Unikrn said that 60 percent would go to platform development with the remainder going largely towards marketing and administration costs.
Unikrn said that existing stakeholders in Unikrn would have the opportunity to participate in the presale at a 20 percent discount to the sale price. Unikrn has a star-studded list of venture capital investors including: It is not clear whether any of the original investors will esports betting bitcoin stock price participating in the UnikoinGold offering. However, Binary has launched its own investment management company called Binary Financial.
That company brokers large value cryptocurrency transactions as well as providing a proprietary crypto trading platform. Erick Miller from Hyperspeed runs CoinCircle.
CoinCircle will develop and help underwrite the first tranche of coin sales. The attitude of gambling regulatory authorities towards cryptocurrencies is still in its nascent stages. However, Sood points out that the Isle of Manwhere Unikrn holds a license, has already approved alternative currencies for betting in regulated environments. However, Sood failed to answer questions with regard to the position of the UK Gambling Commissionwhere Unikrn is also licensed.
Its position with regard to esports betting bitcoin stock price operator which has generated its own cryptocurrency remains unclear.