Ethereum-based initial coin offerings (ICOs) are 韓国 ポルノ 映画 画像popping up every day, but everyone is still waiting for that killer service that really proves to the world that blockchain-based businesses are the future.
An upcoming token by esports betting platform Unikrn may not be the ultimate answer to that question, but it is one of the most natural uses of the blockchain architecture I've seen so far.
SEE ALSO: How to buy Bitcoin and EthereumUnikrn's UnikoinGold token will be, simply put, a currency for betting on esports events. The company already launched a virtual coin called Unikoin in 2015, but it was essentially a virtual currency which could not be bought or traded -- you could only get it directly from Unikrn.
UnikoinGold (the old coin stays, and will be called UnikoinSilver from now on) offers several key advantages: It can be purchased or sold on third party exchanges, as well as withdrawn from Unikrn altogether.
This allows Unikrn to bypass some betting laws (as stated in the UnikoinGold whitepaper), but it's not entirely clear which ones (we've reached out to Unikrn on this and will update the post when we hear from them) and some limitations will definitely stay.
UPDATE: Aug. 18, 2017, 9:35 a.m. CEST Unikrn got back to us saying the company is not bypassing any betting laws. "Our system allows us to avoid excessive banking regulation to optimize our growth. We continue to work within the law," said Unikrn CEO and founder Rahul Sood.
"We chose to turn Unikoins into an esports cryptocurrency so we could expand our business more efficiently. With UnikoinGold and UnikoinSilver we won't have to deal with multiple banks and currencies across multiple countries," said Sood.
UnikoinGold, just like UnikoinSilver, will be available to everyone, but it will work differently in so-called "full service jurisdictions," and "limited jurisdictions." The most important distinction between the two is that users in the former can actually bet, while users in the latter can only enter raffle contests, regardless of the coin they use.
"At launch all jurisdictions would be limited. Within 90 days we will open up some full service jurisdictions across Europe," said Sood.
All trading will happen, Unikrn claims, on the UnikoinGold blockchain (using Ethereum smart contracts), which should make it fully transparent to the public.
As for the value of UnikoinGold, it will be decided on by the open market, which might make the entire process of gambling a bit more exciting.
Unikrn plans to sell $100 million worth of UnikoinGold -- a big number but one that pales in comparison with some recent ICOs. The presale registration period is already over but the public token sale will launch on Sept. 22, 2017.
Original image has been replaced. Credit: Mashable The Seattle-based Unikrn is backed by some high profile investors, including Mark Cuban, Ashton Kutcher and 500 Startups. Interestingly enough, Mark Cuban called Bitcoin a bubble in June, but later said that participating in an ICO is a "high risk, high reward" type of endeavor.
This is not the first betting-related ICO, though. A company called DAO.Casino launched a blockchain-based protocol for gambling which other companies can use to create blockchain-based online casinos. It raised nearly $18 million in ether (in today's prices) in a token sale that ended on July 21.
Check out the UnikoinGold whitepaper here.
Previous：BE[IN]CRYPTO Launches Cutting
Santa Browser Launch to Bring Next 200M Users Onto Web3.0
Kaixin Auto to acquire WM Motor after the latter’s IPO collapse · TechNode
Best Apple deal: Score the M3 for under $800 and the M4 for under $850
Shop the Ninja Blender Mega Kitchen System for $60 off at Amazon
INTO THE NEXT STAGE: The View for Asians in the Land Down Under
Alibaba’s new CEO pledges to focus on AI · TechNode
Best Apple iPad deal: Save $50 on the 11
Dinner with a War Criminal
Virtual Duo Babka and Nushi Honor Game Developers
Xiaomi 14 with Snapdragon 8 Gen 3 to launch in October · TechNode
OCBC Hosts Hanamatsuri Festival
Tencent, NetEase, and HoYoverse lead the global mobile game market in August · TechNode
Nio may form joint venture with Great Wall Motor
Sabalenka vs. Stearns 2025 livestream: Watch Madrid Open for free
Paris Blockchain Week turns Carrousel du Louvre into Palace of Web3
NYT Connections Sports Edition hints and answers for April 29: Tips to solve Connections #218
JBL Go 3 Eco speaker deal: Get 25% off
China’s foreign ministry denies bans on the use of foreign phone brands · TechNode
Cold Tofu’s Last Show of the Season
Back When American Fascism Was Bad
New Google Doodle celebrates the Great ConjunctionHow to safely volunteer this holiday seasonChinese drone company DJI added to U.S. government blacklistWhat horror movies will be like after 2020This amazing GIF shows a solar eclipse moving across the EarthZoom to launch support for M1 MacsNASA's new Hubble images will blow your mindThe 16 very specific things we most loved this yearTwitter explains how to apply for a verification badgeApple closes a bunch of stores yet again because of COVID I Saw the Sign Trump administration to allow African elephant trophies back into U.S. A Culture of Resistance Trump science agency nominee is not a climate denier Oil Springs Eternal Best headphones deals: Sony, Apple, Soundcore and more Uber faces $324 million fine for mishandling driver data Rest When You’re Dead M4 Macs: Every rumor we know about the next Apple laptops and computers Cannibal Pentecost
0.1483s , 9953.3515625 kb
Copyright © 2025 Powered by 【韓国 ポルノ 映画 画像】Mark Cuban,Global Hot Topic Analysis
