uRUNIT Review2


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The URUN token is not a digital currency, security, commodity, or any other kind of financial instrument and has not been registered under the Securities Act of 1933, the securities laws of any state of the United States of America or the securities laws of any other country, including the securities laws of any jurisdiction in which a potential token holder is a resident.

Top 5 players in the online gambling market

The Stars Group
The Stars Group is the largest association of such famous brands as: PokerStars; Poker- Stars Casino; BetStars; Full Tilt; PokerStars Championship; PokerStars Festival; Megastack. These brands have a total of more than 100 million registered users.

William Hill
William Hill is a bookmaker based in London (UK). Last year, the company declared over $ 2.2 billion dollars. In ad-dition to sports betting, the company offers a wide range of games (casino, games of skills, bingo, poker) to its cus-tomers.

Betfair Group
Betfair is the largest online betting exchange platform in the world. It also offers sport
fixed odds betting, casino, bingo, poker. Recently, the platform has merged with Paddy Power, strengthening its position in the market.

Paddy Power
Paddy Power is the biggest bookmaker chain in England and Ireland. The company has a large service of betting by phone and offers casinos and other games online. The company recently merged with Betfair to form Paddy Power Betfair.

Kindred Group
Kindred Group is an association of 13 major brands. 32Red, iGame, Unibet, Maria Casino, Stan James are among its brands. The company offers users a large selection of games: casino, poker, sports betting, bingo and many more.

Gambling market problems
Thus, the key issues of the market are:
·        based on our surveys, casino customers are very venturous people who are constantly looking for action and novelty; they get bored quickly, and are forced to move from one casino to another constantly looking for something different
·        it is very difficult for the casinos to attract new players, and they are forced to spend significant part of the profits on advertising, bonuses, affiliate programs and other gimmicks to attract customers
·        no matter how much money casino spends to keep customers for as long as possible, it doesn’t work - customers simply won’t stay for long.

Solution
Gambling market has obviously reached the dead end. Of course, casinos try to spend more money, use new technologies (such as blockchain) and come up with new gimmicks to attract and retain new customers, but they are not very successful at it. The only way out of this situation is to change the basic principles of the casino operation.

UCoin as an internal gaming currency
UCoin chips are used as the main game currency within the platform. This sets the common currency standard within the platform. UCoin may be considered an analogue of regular casino chips. Conversion to/from UCoin will be necessary to deposit or withdraw funds.
The rate of one UCoin is 1 ETH = 50000 UCoin. The rate of other cryptocurrencies and fiat currencies to UCoin will be determined by the current market rate of ETH. The rate of the URUN token will be determined by the market after the release of the token to the stock exchange.

Games on the platform
The platform is designed both, for all popular gambling games, as well as most common casual games.
In the beginning, basic games will be made:
·        black Jack
·        poker
·        roulette
·        slot machines

Technologies
We use classic client-server technology to launch the platform. The reason we do not use blockchain to create a fully decentralized platform is quite simple. So far, there is not a single blockchain platform that would allow millisecond transactions for data transferring. Moreover, any transaction in the blockchain is by no means free. A large number of transactions with a lot of data will make it very expensive - the cost of the project will exceed any revenue it might generate.



Token description




For more information :
website : https://www.urunit.io/
telegram : https://t.me/urunit
ANN Bitcointalk : https://bitcointalk.org/index.php?topic=3396208
Bounty : https://bitcointalk.org/index.php?topic=3548786.0

Author :
Dew_re
https://bitcointalk.org/index.php?action=profile;u=1007616
0xCBC944c2b274349e60c15897EF269Ca0df75213E


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