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Author Topic: eSports Crypto Betting In Europe  (Read 753 times)
Lukas2112
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October 18, 2017, 09:06:10 AM
 #21

what's the difference between unikoingold and other game tokens?

I made a comparison sheet here. It is for my personal use. https://docs.google.com/spreadsheets/d/1BemK22jE3YNG-085ZoQhnTzP2fO0qpXArg7GsLHTj2Q/edit?usp=sharing
NOT by Unikrn and in no officially represents Unikrn in any way.

For specific details regarding vision and roadmap I suggest you look at their whitepaper : https://static.unikrn.com/4242/unikrn_bm/doc/whitepaper_en.pdf

There is also lots to say about UnikoinGold being different from most tokensales or new cryptocurrency projects, however main differences being: traditional rounds for company backing and building the token, impressive backers, existing tech and userbase which they are expanding. Everything legally compliant and working with regulators. Their legal team includes the best firms for gambling related legislation and a firm that is regarded the #1 in dealing with cryptocurrency legislation and regulation compliance. Team is pretty damn impressive too and with very deep ties and experience in esports, gaming, cryptocurrency and building tech (blockchain) applications.

They are definitely building and working to become THE token that services the entirety of the esports ecosystem.

Saw this article from another thread.

https://www.coindesk.com/regulated-cryptocurrency-betting-just-got-big-boost-europe/

Unikrn managed to get a license in Malta, which makes most of Europe available for fiat betting in esports. This is absolutely insane and it goes to show that crypto can be legal if country's make the legislation.

Thoughts?

Many companies of this kind will be established in the future.

The use of cryptocurrency as a medium on online gambling bypass some of the law which regulates use of fiat. This is one of the best thing that crypto currency has.

This is just the start of the revolution for online gambling and expect more countries to release this kind of betting platform.

Unikrn does not use cryptocurrency to bypass or skirt gambling laws. It works within existing legislation and with regulating bodies to ensure things are compliant.
However this token allows for a lot easier global servicing of esports fans. Where possible Unikrn will look to expand and acquire licenses to better service users of that country.
Hence why the EU expansion and interest from Asia is such a great development.

See also Malta Gaming Authority saying they are experimenting with cryptocurrency as they can no longer ignore it:
Quote
Malta’s gaming regulatory body is proceeding with a ‘sandbox test’ of its cryptocurrency controls before allowing Malta-licensed online gambling operators to accept digital currencies such as Bitcoin.
Quote
In July, the MGA released a report indicating that the regulator was “committed to allow the use of crypto-currencies by its licensees in the immediate future.”
https://calvinayre.com/2017/09/27/bitcoin/malta-gaming-authority-cryptocurrency-sandbox-test/

See also the whitepaper for differences in full and limited jurisdictions.
https://static.unikrn.com/4242/unikrn_bm/doc/whitepaper_en.pdf

It's a great news when bitcoin also got accept for eSports transaction. Of course it will attract more people for purchase item mall using bitcoin for example , imagine how much people will demand for it especially when eSports continue to grow even bigger than yesterday from time to time !

Esports i think already exist but it is just now that they integrated bitcoin as one of the currencies for betting. Because it would be easier to transfer bitcoin rather that fiat currency into the site. You must have your account verified if ever you don't have an online wallet. Esports are famous now adays especially to fans that doesnt wanna go out to bet their own money.

Please note, UnikoinGold is an ERC20 (Ethereum) Token. While it will be tradable on exchange for Bitcoin, you will not be able to bet with Bitcoin on the Unikrn platform.
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