• UnikoinGold

    3.34
  • Description

About UnikoinGold

UnikoinGold is an ERC20 token designed for the purpose of legal and licensed betting on esports matches and tournaments, as well as rewards and incentives for esports participants, players and teams. The coin will provide entry to a new version of the existing Unikrn spectator betting system.

Unikrn already runs a fully regulated and licensed esports betting platform that allows users to bet legally anywhere in the world using Unikoins, the platorm’s virtual tokens. The company also holds licenses to conduct real-money wagering in Australia and the Isle of Man, with several other pending jurisdictions. Through its partnership with Tabcorp, Unikrn employs industry-leading practices and technology to handle account verification, KYC, anti-money laundering, problem gambling, etc. Unikrn is also on the founding board of the Esports Integrity Coalition (ESIC), which addresses threats to the integrity of match results, such as from hacking, scripting, match-xing, DDOS, or hardware manipulation.

Unikrn’s current economic model allows users to earn Unikoins through a variety of tasks as well as by wagering on competitions. These Unikoins can, in turn, be exchanged for a raffle ticket on on Unikrn’s internal market that pays out a reward to the winner of each raffle. Since betting laws limit Unikoin functionality to within the Unikrn market, these raffles provide a means of liquidation. UnikoinGold will provide additional liquidity via trade on the cryptocurrency market, and thus give users greater power over their earnings. In parallel to UnikoinGold, Unikrn will also launch UnikoinSilver, which is intended to replace the existing Unikoin – users will be able to earn and bet using UnikoinSilver anywhere in the world, as well as acquire raffle tickets to win prizes such as game skins, pots of UnikoinGold, gaming hardware and accessories, and more.

Founded by Rahul Sood (creator of Microsoft Ventures, founder of VoodooPC which was acquired by Hewlett-Packard) and Karl Flores (previously co-founder and CEO of Pinion, an Australian advertising company focused on online video game channels), Unikrn provides eSports fans with a safe and legal place to gather, game, and bet on eSports, covering games such as League of Legends, Counter-Strike: Global Offensive, Dota 2 and more. Unikrn also publishes in-depth analyses, player profiles, team statistics, and other content. The company previously raised $10 million from investors including Ashton Kutcher, Mark Cuban, Shari Redstone, Elisabeth Murdoch, and others. Other team members include CTO Daniel Rudolph (who previously co-founded PlayAll, a video game skill-betting platform), VP Business Development Kingsley Edwards (founder of Leet, which was acquired by Unikrn), Lead Crypto Engineer Andrew Donley (previously CTO of Leet and founder of BitMesh, a decentralized bandwidth-for-bitcoin network), Outside General Counsel Bryce Blum, and Board of Advisors member Chris Grove. Unikrn also has a Legal & Compliance team covering corporate, digital currency, and gambling, as well as an Advisory team comprised of Erick Miller and Shane Fontaine.

Crowdsale Details

Token Sale Dates Presale Registration: 15-July to 15-August

Presale: 8-September to 18-September

Official crowdsale dates: TBA

Total Supply 1 Billion, of which 20% are for Token Sale.

The rest are allocated to a Team Pool (10%), a Unikrn Betting Reserve (15%), Marketing & Partnerships (15%), Development & Contractors (20%), and Company Cold Storage (20%).

Maximum Raise N/A
Pricing Structure N/A
Holding of Funds N/A

Project Highlights

Technical White Paper       https://unikoingold.com/whitepaper explains the business model, isn’t technical.
Team Professional, accomplished, encompassing all aspects of the enterprise. And fully transparent.
Location Seattle, WA, USA.
Blockchain Ethereum
Project Code N/A
Prototype Unikrn platform.
Token Rights Betting on esports matches and tournaments; rewards and incentives.

*Disclosure – At the time of writing, cryptorated staff owned no UnikoinGold tokens.

Interested in deeper analysis – UnikoinGold?

Team

Crowdsale Details

Project Highlights

Ratings

Product

View Breakdown
Readiness

Is the product ready for use? Is there a working prototype or MVP? How long until it is operational?

5
N/A
5 - Fully operational.
Appeal

Does this solution have a distinct edge?

3
N/A
3 - Interesting.
Target User Base

Is it mass market or niche?

4
N/A
4 - Large audience / wide market.
Competition

Are there many other similar solutions or is this one of just a few, or even one of a kind?

3
N/A
3 - Some normal competition.
Innovation and IP

Is there (patentable) innovation and intellectual property?

2
N/A
2 - Some, but nothing outstanding.
Use of Blockchain

View Breakdown
Blockchain Development

Is blockchain technology essential? Does it make the solution significantly different and better?

2
N/A
2 - Some smart contract functionality.
Disruptive Blockchain Advantage

Is it safeguarded against misuse and corruption?

3
N/A
3 - Potentially disruptive.
Need for Custom Token (vs. BTC or ETH)

Is the token essential or could it be done just as well or better with fiat or Bitcoin?

4
N/A
4 - Token is essential to platform.
System Decentralization (besides token)

Does the token provide holders with value other than as an investment?

1
N/A
1 - Essentially centralized.
Contribution to Blockchain Ecosystem

Does the solution contribute to the evolution of blockchain infrastructure and economy?

2
N/A
2 - Meh, okay.
Whitepaper

View Breakdown
Comprehensiveness

Does it cover the full scope of the problem and solution?

3
N/A
3 - Covers most key issues; a few holes.
Readability

Is it easy enough to understand?

4
N/A
4 - Easy to read and understand.
Transparency

Does it candidly describe and disclose where the project now stands, how much exists and how much still needs to be done, etc.?

4
N/A
4 - Informative disclosure.
Business Plan Presentation

Does it contain a viable, comprehensive business plan?

4
N/A
4 - Clear, well thought out, realistic.
Technology Presentation

Does it present a well thought out technological architectecure? Does it address implementational challenges?

3
N/A
3 - More information required.
Roadmap

View Breakdown
Concreteness

Is there a concrete and practical development plan (vs. just a conceptual vision)?

4
N/A
4 - Down to earth.
Feasiblity

Is the development plan realistic? Is it based on reasonable goals and timelines?

4
N/A
4 - Realistic.
Vision

Is there a larger, long-term vision?

3
N/A
3 - A trend with potential.
Dependencies (other services or capabilities required)

Does it seem as though a lot of know-how and experience went into the development plan?

4
N/A
4 - Available and trusted.
Current Position

Is the project currently sufficiently far along in its development plan (relative to its vision and plans)?

5
N/A
5 - Well on the way.
Compliance

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Token Utility (intrinsic value through usage)

Is there a concrete business plan (vs. market descriptions, general sentiments, and fluff)?

4
N/A
4 - Distinctive use cases.
Token as Security (tradable financial instrument)

Is the business model realistic? Is it based on reasonable goals and timelines?

4
N/A
4 - Not as such, or compliance is assured.
Token / Smart-Contract Infrastructure Readiness

Are the solution's revenue streams, profit mechanisms, key KPIs, etc. clear and easy enough to understand?

3
N/A
3 - Prototype / MVP / alpha.
Attention to Compliance Issues

Is the project raising an amount of money that makes sense given what it needs to reach profitability?

5
N/A
5 - Professional, audited.
Legal Review or Agreement

Is it safe from legal, moral or investor abuse?

4
N/A
4 - Professional.
Company and Team

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Company Stage and Foundation

Is the company already established? Has it raised funds before? Is it mature?

5
N/A
5 - Well established, has raised significant funds.
Background of Lead Team Members

Do we know who they are? Do they have LinkedIn profiles? Do they have solid, relevant backgrounds?

5
N/A
5 - Accomplished, recognized.
Team Assembly and Commitment

Is a solid, fully committed core team in place? Do they have online (e.g. LinkedIn) profiles showing sufficient relevant experience? Is their participation transparent?

4
N/A
4 - Fully assembled and committed.
Team Skill Set Relevance

What is the level of presence, added value, and commitment of the advisory board?

4
N/A
4 - Well suited to project requirements.
Team Skill Set Balance (biz / tech / blockchain)

Are there enough sufficiently experienced blockchain architects and developers on the team?

3
N/A
3 - Somewhat uncertain, probably okay.
Token Sale

View Breakdown
Raise Amount Max

Is there a clear cap? Is the maximum raise amount modestly sufficient (as opposed to either greedy or insufficient)?

1
N/A
1 - Very greedy (e.g. uncapped).
Raise Amount Min

Is the minimum raise reasonably enough to carry out the majority of the development plan? Are there raise amount dependent milestones?

1
N/A
1 - None or nonsensical.
Fund Allocation

Is fund distribution and allocation reasonable and justified?

1
N/A
1 - Not clear how funds will be used.
Token Allocation

Is the ratio of tokens sold to those kept reasonable? Does it prevent the company from having too much control?

2
N/A
2 - Unclear or suspicious.
Media Presence and Following

Is the ICO well planned in terms of time, phases and scenarios?

4
N/A
4 - Solid exposure and interest, good impression.

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