URUNIT REVIEW

URUNIT REVIEW

  • URUNIT is the only gambling platform 100% managed by its community.

 

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IDEA:

  • Players control the house, host all the games and receive most of the profit.

PRODUCT PROTOTYPE:

  • They don’t have test version yet. They will launch it in Q2 2019.

WHITEPAPER HIGHLIGHTS:

  • It is time to change the game rules in the Gambling Universe.
  • To break the established traditions, we just need to give the control of the casino, to the players themselves. Meaning, absolutely all games, tables, poker rooms, slot machines, lotteries and so on are controlled by the gamers, they host games themselves and receive most of the profit.
  • These drawings are free and the sole purpose of them is to pick the ones who will get a chance to manage the casino (the games) this day. After the names are drawn, the players (users) will have to pay a small fee to “lease a place”, and – voila – they’re in control.
  • The higher the player’s rank, the more chances he/she must win in the drawing. The user’s rank is based on activity as a player. In other words, the more the user plays, the more chances he/she must get control over his game, table, room, machine, lottery, etc.

 

  • Top 5 players in the online gambling market
  • The Stars Group: The Stars Group is the largest association of such famous brands as: PokerStars; PokerStars 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 addition to sports betting, the company offers a wide range of games (casino, games of skills, bingo, poker) to its customers.
  • 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.
  • Online gambling market size by regions (in billions of US dollars):
  • A new type of casino where the casino managed by the players, who host all the games. In other words, absolutely all games, card tables, poker rooms, tournaments, slot machines, lotteries, etc. in this casino are controlled by the players themselves. Each game is hosted by a certain player. This player determines parameters of the game or tournament he is hosting and becomes the owner of the game for the time being.
  • They are creating an online gambling platform where absolutely all the games will be hosted and controlled by the users of the platform.
  • All games fall into three main categories:
    • Standard public games: They are created by the Casino.
    • Customized public games:  are standard games with parameters that are set by the users.
    • Private games: Every user can create their own private games and give the access to them to his/her friends and acquaintances.
  • Available lease time for different places:
    • 100% of standard public games places are leased for one hour, so one place is leased to 24 users a day
    • 80% of the customized public games places are leased for a day
    • 15% of the customized public games places are leased for a week
    • 5% of the customized public games places are leased for a month
  • Any player can sell his rank (or part of the rank) for URUN tokens to other platform users. This way any user who wants to improve his rank can do this not only by regular participation as a player, but also by simply buying the rank from other players.
  • 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
  • U Run It is a modular, comprehensive and fully ready-to-use platform. Operators can install the platform, customize it for their brand, add game content and launch the casino in just a few days. Operators will also avoid many of the problems and costs associated with integrating the back office, accounting and user management.
  • Advantages of the new platform concept for the investors
  • Advantages of the new platform concept for the players
  • Any operator, who wants to create his casino on their platform, can sign a contract with them and pay a one-time fee for installing the platform on his equipment. The operator’s monthly payment for using the platform is 1.5% of the revenue.

 

HYPE:

  • 50.3K+ telegram users, 17.9K+ followers on Facebook and 22.8K Twitter followers.
  • 4.2 ratings on ICO bench.

 

LONG TERM:

  • They want to create a gambling platform that contains all solution in it and become leader in gambling industry.  They believe that people will choose casino which manage by themselves. Also, they do plan to add sports betting and fantasy sports to the platform in long term.

 

Experts Review:

  • “After revisiting the project, I must agree with Toomas Allmere who rated the project below. The project’s social channels are still weak. Interesting progressive idea. But the progress in promoting the project is not enough to succeed yet.” – Igor Karavaev (ICO advisor and investor)
  • “In my opinion, I think this project is an interesting use of blockchain.
    I am now starting to see this area is becoming more popular. I look forward to seeing this project completed.” – Michael Williamson (Blockchain Consultant, MBA, LSSGB, Former USA Financial Advisor, Insurance Agent)
  • “The gaming industry is one that can benefit greatly for the blockchain industry. Good idea about players managing the casino and give more active players a higher chance of being managers. KYC done be team members”-Kenneth Ng (Fanfare Co-Founder & CTO | Blockchain ICO Advisor | CEO Project Kanzen)

 

TOKEN METRICS:

Token URUN
Pre – Sale Price 1 URUN = 0.00125 ETH
Price in ICO 1 URUN = 0.00125 ETH
Country Hong Kong
Platform Ethereum
Website https://www.urunit.io/
Whitelist/KYC KYC
Restricted Areas USA, China, Canada
Pre-Sale 1st July – 15th Aug 2018
Public- Sale 1st Sep – 15th Oct, 2018
Tokens for Sale: 60,000,000
Soft Cap 4,000,000 URUN
Hard Cap 60,000,000 URUN
Total Token Supply 80,000,000
Token Supply Breakdown 75%: Public Sale
7%: Reserved fund for platform development
6%: Founders
5%: Team
2%: Advisers
5%: Bounty
Bonus 20%: pre-ICO, July 1st – July 31st
15%: pre-ICO, August 1st – August 15th
10%: ICO, September 1st – September 15th
7.5%: ICO, September 16th – September 30th
5%: ICO, October 1st – October 15th.

 

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