Unikoingold ICO Crowd Sale

[RoosterRed]

I had trouble analyzing the coin because of a lack of information, which was concerning.
https://steemit.com/unikoingold/@roosterred/unikoingold-impossible-for-me-to-analyze
I also want to know what the current turnover rate is on their non-crypto coins. Typically gambling operations have a very high turnover rate which means a relatively small amount of tokens or chips can fund a very large amount of bets.

[Tulen1990]

I am definitely investing for the long run. Such an interesting idea and like you said, a strong backing to propel it forward. Just saw this article they posted: https://news.unikrn.com/article/UnikoinGold-Sets-Records-Becoming-Universal-Esports-and-Gaming-Token

And this tutorial of how to sign up for the sale: https://www.youtube.com/watch?v=q5jbc3FOJco&feature=youtu.be

Guys, do you realize that they are going to take off?? No one goes and says that they are the universal token in any industry. But don't expect anything when their ICO ends. You'll have to hold onto it for a while.

[benthach]

I like that Unikrn has a real, functional product in a booming sector. Many have said that they don't like the fact that the company is only releasing 20% of Unikoingold coins to the public. However, it's rare to have an ICO backed by so many successful investors with name recognition (Mark Cuban) who could really push this company forward. What are your thoughts on Unikoingold? If you're investing, what's your strategy (are young long or looking to flip)?

what in a name of a scam. these investors can't code and they're here to make free money out of dumb investors.

[Tulen1990]

An update I received from Unikrn:

Whether you’re a current purchaser of UnikoinGold or thinking about it, we have some game-changing news you need to read.
A lot of our fans have been waiting for their increase on the individual purchasing cap. We wanted UnikoinGold to be as widely distributed with a global array of users, and we have approved all the individual limit increases.
We have passed our first milestone at 85,000 ETH and we have plenty of work to do.. Our token is already disrupting esports and has even begun making waves in some enormous platforms that are speaking to large, non-endemic audiences. Most recently, CNBC asked our CEO, Rahul Sood, to come discuss it in a pre-recorded segment which will air soon.
For everybody who bought UKG, every additional sale means you are helping us add more utility and value. The revenue we make is going back into R&D to create amazing uses for the token so that it becomes the decentralized currency for esports.
We’re making progress on applications in hardware, software, virtual items, betting, fundraising, tournament hosting, teams, game statistics and more. Every ether we earn helps us push out to be more ambitious.
We’re already in casinos. We already have the beta for skill-based competitions. We’re already putting up tournaments. We are now working to integrate UnikoinGold into these parts of our business in various ways. UnikoinGold is a utility token with real utility, and now we’re about to launch a new feature that we hope our community loves as much as we loved creating it.
Coming Soon: Trade in your Skins for UnikoinGold

Many of you know that our CEO has been one of the most vocal critics against illegal skin gambling. It’s dangerous, bad for the industry, makes everyone in esports look bad and — more than anything — it hurts Valve, a company that we all respect and love. Without Valve this industry wouldn’t be where it is today.
However, there are still plenty of people in the community who are sitting on a cache of CSGO skins with nothing to do. So that’s why we designed a little engine that will take your CSGO skins in and spit out UnikoinGold for you to use in various ways on our platform including legal and regulated betting on esports! You may also choose to swap for another token or cryptocurrency on any exchange.
Unikrn has given out over $100,000 in skins through free jackpots on our site. Needless to say, skins are really popular. By allowing our community to exchange their CSGO skins for UnikoinGold, they’re helping us build inventory for more jackpots without burning cash, and we’re helping them trade out of a skin that they may not have use for anymore. How awesome is that?
Over 9,000 years of esports content was watch on Twitch last month alone. Imagine the bump this sector is going to see with the benefits that come with a decentralized exchange and smart contracts. Two years from now, you’ll look back at your moment that helped change the fastest-growing entertainment industry in the world.
It wouldn’t be possible without your support and vision. So thanks for everything. Long live Ethereum and UnikoinGold!
Thank you.
Team Unikrn.

This all sounds good...I'm just wondering how the Unikoingold converted to Unikoinsilver is going to be stored. On their platform? In a wallet?

[Tulen1990]

Just bought into this ICO and checked out their platform. Now, We wait 

[L1240erion]

Is there a way to increase the purchasing cap even more?

I like the idea of trading in my unused skins and at least getting something for it. Glad to be onboard, but I'm probably going to hold these for awhile before I really make my decision.

[WhattaCOINcidence]

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


Looks like this coin is going places!

[Bourbon44]

Based on the other esports tokens out there, this one takes the cake. The cap may be high, but I don't mind. They have the team, resources, connections, and platform. You have a better shot with this one fellas

[Bourbon44]

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


Looks like this coin is going places!

I have this feeling that they're holding back on anouncements tbh

Hold me to my word, but I feel like they're going to announce more

[Urbane]

I had trouble analyzing the coin because of a lack of information, which was concerning.
https://steemit.com/unikoingold/@roosterred/unikoingold-impossible-for-me-to-analyze
I also want to know what the current turnover rate is on their non-crypto coins. Typically gambling operations have a very high turnover rate which means a relatively small amount of tokens or chips can fund a very large amount of bets.

Unikrn has calculated that the circulating amount (200 million UKG) will be more than enough for the crypto platform. Unikrn has been around for over 2 years and has no plans of running away from the space. In fact they have just received their gaming license from the Maltese Gaming Authority, which allows them to spread their Unikrn Esports betting platform to 80% of the European gaming market.

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


Looks like this coin is going places!

I have this feeling that they're holding back on anouncements tbh

Hold me to my word, but I feel like they're going to announce more

You have no idea ...

[elite2291]

Seems like I've been hearing about them everywhere: http://www.nasdaq.com/article/nzdjpy-confirms-below-ichimoku-unikrn-expands-in-eu-cm857955
For anyone that doesn't want to read articles I found this video: https://www.youtube.com/watch?v=gxCg5QY6VZ0

One thing I am curious about is if they plan on joining exchanges. In a fb group, there was a rumor about it...we will see 

[alexcopper]

eff the haters because this ico is one of the only ones with an already working platform. They're simply just integrating it and adding value.

[NoiseBoy]

I was ignoring this ICO until I saw that they were approved for a gambling license in the EU. Since they have an already established business, I'm vaguely bullish Unikoin.

The downside of it is how much money they've raised. They've raised over $30 million in ETH so far for 20% of the tokens. That's >$150 million market cap implied which seems unrealistic.

[reginaldo173]

I was ignoring this ICO until I saw that they were approved for a gambling license in the EU. Since they have an already established business, I'm vaguely bullish Unikoin.

The downside of it is how much money they've raised. They've raised over $30 million in ETH so far for 20% of the tokens. That's >$150 million market cap implied which seems unrealistic.

I agree With you unrealistic.

[awilliams]

I was ignoring this ICO until I saw that they were approved for a gambling license in the EU. Since they have an already established business, I'm vaguely bullish Unikoin.

The downside of it is how much money they've raised. They've raised over $30 million in ETH so far for 20% of the tokens. That's >$150 million market cap implied which seems unrealistic.

I believe they're in the works of getting unikoingold on exchanges (just a rumor I heard)

[iad_xo]

they raised enough. i think do good in future

[luffy7]

They are only one of the game betting ico that going to make it but they are asking too much money.

[Winner]

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


Looks like this coin is going places!

I have this feeling that they're holding back on anouncements tbh

Hold me to my word, but I feel like they're going to announce more

You have a point, though the people still have to invest at a steady pace. The project could get shut down without any announcement from the dev.

[unikrnceo]

Suggest anyone looking at this or other tokens read my blog post on Medium.

https://medium.com/@rahulsood/the-power-of-ethereum-c1bfc60c7851

[teddyelwyn]

Suggest anyone looking at this or other tokens read my blog post on Medium.

https://medium.com/@rahulsood/the-power-of-ethereum-c1bfc60c7851

Thanks for sharing rahul! Here's what the site says about the amount of tokens distributed:

"Each purchase represents a percentage of the available 200 million tokens. The number of coins you get will be determined by the amount of contributions we receive."

Very interesting concept