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

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 Like its predecessor, this token will not be withdrawn from the ecosystem but will serve as a medium of exchange.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.

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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.

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