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Unikoin Gold (UKG): Embracing Blockchain Technology for eSports Wagering
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Unikoin Gold (UKG): Embracing Blockchain Technology for eSports Wagering

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Unikoin Gold
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Unikoin Gold is the new ERC20 token that has been incorporated into the Unikrn platform for licensed, legal betting on eSports tournaments and matches. It offers a reward and incentivization structure for teams, individual players, and participants on eSports. It also provides entry to the latest version of the spectator betting framework on the Unikrn platform.

This platform runs a fully licensed and regulated network for eSports betting that allows its global base of users to bet legally from any part of the world using Unikoins. It also offers real money wagering options for the Isle of Man and Australia with several other jurisdictions. Unikrn has partnered with Tabcorp to provide account verification and anti-money laundering initiatives to keep the platform secure for all parties involved.

Unikoins vs. Unikoin Gold

Though the platform has been operational for a considerable period, the previous model only used Unikoins, which were only functional within the Unikrn ecosystem. Unikoins were a great asset to this centralized ecosystem and allowed the network’s global base of participants to enjoy matches and place bets on them.

The introduction of UnikoinGold expands the scope of the project as it offers higher functionality for this system. The new token adds greater functionality and value to the concept because betting regulations limited the use of the previous token. The new token can be used anywhere within the crypto sphere and even beyond.

In addition to UnikoinGold, the platform is also set to launch UnikoinSilver, which will serve as a replacement for Unikoins. Like its predecessor, this token will not be withdrawn from the ecosystem but will serve as a medium of exchange.

The Unikrn Economic Model

Users have numerous opportunities to make money from their participation on this platform. Apart from placing wagers on competitions, they can also exchange Unikoins for raffle tickets on the internal market and stand a chance of winning rewards.

Unikrn eSportsbook is renowned for offering an exceptionally wide scope of gambling markets on pro eSports tournaments and matches all over the world. It is set to incorporate skill-based betting in the near future to appeal to a wider audience.

Limitless Gaming Options

Unikrn is looking to launch exclusive jackpot rooms that users will only be able to access using golden entry tickets that they can purchase using Unikoin Gold. Premium platform members will have the opportunity to play video games and get a chance to win tokens. They will also have access to exclusive wallets on the platform that will allow for faster, feeless transactions.

This innovative gaming platform has the distinct advantage of incorporating the benefits of blockchain technology into an already operational model with a global fan base. The implementation of the technology is based on a real use-case for the ERC-20 standard tokens following requests by users to add utility to the previous token.

Unikrn already offers gamers and sports enthusiasts a safe and legal platform to hang out, place wagers and have fun. With the technological and structural improvements that are gradually taking shape, things can only get better.

We will be updating our subscribers as soon as we know more. For the latest on UKG, sign up below!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency.

Image courtesy of coinmarketcap.com

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The Crypto Space Once Again Divided Over Bitcoin SV

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Bitcoin SV
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The crypto community is a strong one, one that managed to bring digital currencies from nothing to an industry worth hundreds of billions of dollars. However, while its strength in this regard is undeniable, the crypto community can be just as fragile given the appropriate conditions. With that in mind, the conditions seem to have been set for a new divide, although the cause is once again the same — Dr. Craig Wright and his Bitcoin SV (BSV).

Craig Wright vs. the (crypto) world

Dr. Craig Wright, the chief scientist at nChain, and the creator of Bitcoin SV. has been a well-known and very controversial figure in the crypto industry. Wright was suspected of being Bitcoin’s creator several years ago, which is possible because no one knows who is behind the name ‘Satoshi Nakamoto.’

Wright was believed to be him, and one theory claimed that he and his friend were responsible for giving life to BTC. However, the theory quickly died out, but not before Wright seemingly liked the idea of assuming the mantle of Nakamoto. He himself started claiming to be Bitcoin’s mysterious creator ever since.

Of course, he managed to gather up some followers, but the majority of the crypto community — while confused — did not believe him. Luckily, there is no need for trust, and Wright should easily be able to prove that he…

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Are XRP and Ripple Going to Be Worth Anything by the End of 2019?

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Ripple
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One surprise recently was when XRP took over Ethereum’s long-held second place in the Market Cap leaderboards. It quickly went back to its traditional and respectable third place behind Ethereum, but it could be a sign of things to come.

XRP has a lot of clout in the market because of the platform it is based on, which is Ripple. A coin that is used for a very specific purpose and with a long term goal in mind is always going to fare better than others. Litecoin, Bitcoin Cash and others have come about because of disagreements in Bitcoin. Therefore they offer nothing except an alternative to Bitcoin as a pure cryptocurrency, while Ripple (and XRP along with it) has something tangible behind it.

Big Banks Back Ripple

Ripple was created in 2012 for a specific reason. It aimed to become a faster and more efficient method to transfer value between banks and countries. This value can be almost anything from currencies to other instruments. While initially, banks were cautious about investing in the company, recently they have been lining up. The crypto winter has helped with innovation int he industry and Ripple has benefitted immensely for it.

The various payment solutions based on Ripple such as xRapid and xCurrent are seeing a large uptake, and this is having an amazing effect on XRP as a whole.…

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Bitcoin, Litecoin, Ethereum, and Ripple On the Rise

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Bitcoin
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The recent development in the cryptocurrency industry is a rise in price for many of the core digital coins. We believe that the unexpected price hike is due to the renewed interest of the key players in the industry. Many investors, speculators, and traders are rushing into the number one cryptocurrency; Bitcoin like never before. Other altcoins such as Ethereum, Ripple, and Litecoin are not dormant either. The effect of the influx is the soaring prices of the digital coins within seven days.

The price of the crypto leading giant-Bitcoin has increased at 25.74 percent in one week. Ethereum also gained 18.76 percent increase in its price. Litecoin and Ripple also recorded some percentage increase in the tune of 53.20 percent and 16.12 percent respectively. It is no just these few popular coins that have gained in one week. From what we have gathered, 94 digital coins amongst the leading 100 cryptocurrencies are also experiencing the rise in price. This information is according to what TradingView published in April 2019.

According to them also, other cryptocurrencies gained in value while others declined. From their calculations, six digital currencies advanced while ninety-four was on the decline. Also, another information shows that the increase in Bitcoin price has reduced the value of other assets such as bonds and stocks.

The possible reason for the rally

Many people are wondering…

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