Unikrn created the Unikoin in 2015 to give customers and fans from around the world the ability to earn, redeem, and play on the Unikrn platform. Due to the growth and interest in the Unikoin, UnikoinGold was created in the fall of 2017 as a product intended to give bettors, esports fans and gamers the best-possible experience on Unikrn and partner platforms. Since the original sale of UnikoinGold, Unikrn over-delivered on the promises made in its pre-sale documents and has poured tremendous work and innovation into the world of esports and wagering.
This includes creating a gaming platform with unprecedented breadth which was recognized by leading wagering industry awards for Esportsbook of the Year 2019 and Innovation of the Year 2020. Despite the growth of the Unikrn platform since 2017, we have been working to establish regulatory clearance in the USA for UKG. They invested in the best legal advice they could find and continue to openly work with regulators. A company hands were tied in terms of what could and couldn’t do without regulator guidance.
Unikrn Key Information
|Tokens for sale||100,000,000|
|ICO start||19th Nov 2017|
|ICO end||19th Jan 2018|
|Average price||0.01 USD|
|Price in ICO||0.3342 USD|
|Whitepaper||Click Here For View Whitepaper|
|Website||Click Here For Visit ICO Homepage|
The Game Change Team Behind Unikrn
After UnikoinGold’s token sale, the USA’s Securities and Exchange Commission (SEC) established guidelines which, applied retroactively, raised many questions with regards to the future of UKG. Unikrn’s priority was in growing and innovating the Unikrn platform while trying to find common ground with the SEC that would allow us to promote the merits of UKG. Short of that, Unikrn other option was to reach settlement on UKG’s past and discontinue it moving forward so that company energies could be effectively directed.
Unikrn spent months working with the SEC to come to a solution that was about moving the business forward. The common ground a company found requires Unikrn to completely stop supporting UKG and help provide a fund for purchasers of UnikoinGold. This gives clearance to focus on continuing to build industry-leading business.
Support for UnikoinGold
By failing to challenge ourselves to experiment with new approaches to regulation, Unikrn and those whose interests they are pledged to serve, risk surrendering the fruits of innovation. I respectfully dissent from the Commission’s actions today relating to Unikrn.” Although this agreement also means Unikrn will need to discontinue support for UnikoinGold, it won’t stop from innovating on payments and on the blockchain.
Unikrn will continue to offer regulator-approved wagering and other services with major currencies including: Fiat Currencies, Bitcoin, BitcoinCash, Ethereum, Dogecoin, GUSD, USDC, PAX, BUSD, Ripple and others. Going forward, Unikrn will also consider other options internationally based on community feedback. As set forth in the settlement documents, the SEC will be establishing and operating a Fair Fund for token holders who would like a refund. The SEC will oversee this process, and they will provide further information regarding making a claim.
Esports Integrity Commission (ESIC)
Unikrn had already flagged Summer Shuffle as problematic due to several visible factors: lack of known tournament organizer, sudden appearance, small community footprint, unverified prize pool and other considerations. They were named esports bookmaker of the year in 2019 and are founding members of the Esports Integrity Commission (ESIC). A company hire industry experts and partner with leaders who know the space, such as Dotabuff. At Unikrn, work as hard as believe every bookmaker should to ensure wagering is a positive, safe and responsible way to enhance esports.
Correctly and responsibly operated, betting is a driving force behind growth an opportunity in esports. When irresponsibly operated, it creates many opportunities and incentives for abuse. Last year, Unikrn ramped up skin deposit functionality to try and give legitimate bettors a regulator-approved, legal option for betting with skins, thus undermining the operating margin for dangerous, unregulated, predatory or scam sites. They want every esports fan with legal access to betting to be able to choose a responsible option.