U Runit: Blockchain Based Community Owned Gambling Platform
Overview:
It is a blockchain based platform which is aiming to change the gaming rules in the existing gambling platform by giving authority to community members to manage and monitor the game. Backed by amazing team members and advisors and runs with tokenization model.
Challenges in the existing gambling industry:
Online gambling market is evolving yearly, and it is expected to reach nearly $82 billion by 2022. Even though there are lot of changes in gaming style from simple wooden table to technology based slot machines, many technologies came into this market, but rules in this market remains same, customers get bored very easily and they move on to another game, it becomes difficult to retain the customers and attract new customers, for the business they spend lot of money on advertising and other affiliation programs to attract the customers, but customers always looks for innovative gaming.
Solution:
To solve the issues in the current gambling industry, U Runit came up with the blockchain based platform which is fully managed by community members
U Runit has integrated the blockchain technology and cryptocurrency in the gambling platform, it provides platform to host all the games, in this each game is hosted by each different player he determines the games rules and monitors the activities of the game.
Here there are some advantages in crypto based gambling platform, nowadays crypto payments are easier and anonyms, there is no minimum limit for payments and one of the major advantage is all the payments are transparent and fair with low transactional costs
Token economy:
U Runit issues Ethereum based utility tokens called “URUN” which can be used in the internal ecosystem of the platform for services availed and payments.
Token details:
Token symbol: URUN
Token Type: ERC 20
1 URUN = 0.00125 ETH
Soft Cap: 4,000,000 URUN (5000ETH)
Hardcap: 60,000,000 URUN (75,000ETH)
Accepted currency: ETH automatically (BTC, LTC, XRP, DASH, ZCL, STX, ATB, BNT - manually)
Pre-ICO sale: 1st July to 15th Aug 2018
Main ICO: 1st September to 15th October 2018
Unsold tokens will be distributed
75% of tokens are allocated to public sale
Team:
Roman Grushkovsky- Co-founder, CEO
He is an Experienced entrepreneur. He has extensive experience in the field of software development, team management and business management.
Leonid Rubin- Co-founder, COO
He is an Entrepreneur and excels in an environment where quality, aggressive development schedules are expected. Demonstrates exceptional leadership qualities and works great as part of the team.
Max Vaschuk- Co-founder, CMO
An expert in marketing; managed marketing departments of the major companies in Ukraine.
Verdict:
Pros:
• Social media hype is excellent, its telegram community has 49k+ members
• Website and whitepaper has detailed explanation of the project
• Partnered and supported by Bancor, Latoken, ZCL, ANON, etc.
• Advisory team looks great, it has well experienced members from different fields such as Casino or Gambling Industry, UX/UI Designer, Fintech Industry, PR, Software, ICOs and Blockchain Technology.
• Team members are previously worked in Microsoft, Matrix, HP, Morgan Stanley, VISA, Leumi Card etc.
• Core team members are experienced in Digital Marketing, SEO, Developer, Law, Cyber Security, Financial Services, UX/UI Designer, Content Writer, Software, Marketing and Blockchain Technology.
• Roadmap is well drafted it is clear about their future goals to be achieved till Q3 2020
Cons:
• MVP of the project is not available as of now
• Telegram group is unresponsive
Links:
Website: https://www.urunit.io/
Whitepaper: https://www.urunit.io/docs/whitepaper_eng.pdf
Twitter: https://twitter.com/URUNIT_IO
Facebook: https://www.facebook.com/urunit
Telegram: https://t.me/urunit
ANN thread: https://bitcointalk.org/index.php?topic=3396208
Bitcoin talk Username: anushkamehta0902
Bitcoin talk URL: https://bitcointalk.org/index.php?action=profile;u=2039767
ETH Address – 0xd1c62C22C078A0C6B1E42F7200F0b082EE81a64a