Unikrn betting announcements

Discussion in 'UnikoinGold' started by CryptoTC, Jul 21, 2018.

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  1. CryptoTC

    CryptoTC Crypto Fat Cat
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    Anyone know a general timeline on when eSports betting will be legalized and what countries will lead the way?

    Can you place bets on the Unikrn platform right now and cash in your winnings on a crypto exchange?
     
  2. CryptoTC

    CryptoTC Crypto Fat Cat
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    Gotta be soon. I hope. Off the all-time lows but still down quite a bit from ATH.

    I would think news of betting approvals would jump start the market interest.
     
  3. BitFit

    BitFit Ready to fork

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    Anything new on this?
     
  4. The CC Forums

    Staff Member

    I see nothing on a quick Google search. Maybe @UrbaneUKG will pop back in when new announcements are made. You can also use their home page but right now it seems to be down. I’m sure that’s temporary.
     
  5. CryptoTC

    CryptoTC Crypto Fat Cat
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    I haven’t seen anything on their Discord either.

    Random thought BTW, does anyone think using a chat app created for gamers to make important investment announcements and company business moves is a little bush league? I’m probably getting too old to understand, but so many different segmented sources of info divided into multiple social media platforms seems counterintuitive compared to just publishing information on the inter webs for the whole world to read.

    Discord channels, Telegram invites, private Slack channels where questions and answers scroll away only to be asked and answered again 4 hours later...

    I prefer forum software that preserves previous info for future reviews instead of texting style discussions on serious topics.
     
  6. BitFit

    BitFit Ready to fork

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    Twitter and Facebook are at least neutral platforms publicly available for review by anyone. Although Twitter back and forth posts are useless when trying to follow the topic.
     
  7. BitFit

    BitFit Ready to fork

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    @CryptoTC

    If you’re on their official sites regularly then you’ll probably know before anyone else on here. Keep us updated.
     
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  8. UrbaneUKG

    UrbaneUKG Moderator

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    @CryptoTC Sorry for the extremely late reply. It is better for us to stop making announcements and start getting things done. Recently we have released the redesign of our sportsbook platform with a new version of Connekt as well as the release of live betting for our UKS play token. We are now working on the real money side of things.
    With UKG we have an active Play4UKG system that is now open at Challengeme.gg , where anyone can put their UKG on the line against another player in CS:GO in Austria, Finland, Sweden, Norway, Switzerland and Germany.
    But there are also daily tournaments at Challengeme.gg where people can win between 100 - 300 UKG depending on their skill level.
     
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  9. CryptoTC

    CryptoTC Crypto Fat Cat
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    No worries. I’m on your Discord daily. I was just interested in keeping others updated here. Anything for exposure for you and for this site.

    ;)
     
  10. CryptoTC

    CryptoTC Crypto Fat Cat
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    OK, like I said in the other thread, I’m buying this dip tomorrow once fund transfers clear.

    So no announcements on betting going live until Friday. Agreed? :D
     
  11. CryptoTC

    CryptoTC Crypto Fat Cat
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    @UrbaneUKG Does Unikrn have a Facebook page? I’m aware of the home site, this forum, Discord group and Reddit sub, but what other media does Unikrn use for marketing and/or dissemination of info?
     
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  12. Old Man Crypto

    Old Man Crypto Expert chainblocker

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    Seems Unikrn is one of the best performers recently.

    Still have upside or is this just a bounce? I can see where the system could be used in a big way, but like everything else you still have to wonder what the value of the token would be. You can bet with it whether it’s worth $0.01 or $10.

    What say you guys who follow this?
     
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  13. The CC Forums

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    You can ask the same question about all utility tokens. The market cap of any token must be high enough to support the volume of use. In other words, if daily betting reaches $10 M, then the market cap of the platform’s tokens must be greater than $10 M to enable the use.

    Picking where that number lies and accurately predicting where it will be down the road is where the investment opportunity comes in. Choose correctly, and you will be rewarded with good returns.

    I have no idea where UKG falls in that analysis, but at least it has a use. Unlike 90% of cryptos.
     
  14. CryptoTC

    CryptoTC Crypto Fat Cat
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    Unikrn Launching Esports Streamer Betting and AI Powered 24/7 Virtual Betting

    Next week, Unikrn is updating with three experiences foundationally rooted in esports, furthering accessibility in the always-now culture of esports and gaming. With this launch, Unikrn is guaranteeing our members have access to singular experiences every second of every day.

    Sports have a hard cap on content hours due to travel, fatigue, and players on court. Games like Fortnite have no such limits: on average, there are over 10,000 individual channels streaming unique Fortnite content at any given time. 10,000 live games with different players, play styles and personalities, and the only limit to more is the size of the audience.

    As esports has grown, it has simultaneously benefitted from and been victim to its own content deluges. Because gamers play all hours of the day, streaming is a 24/7/365 entertainment fountain producing of 1000 millennia of viewer hours last year.

    This creates an unprecedented challenge for bookmakers: how do you give fans what they want by creating the most engaging, exciting stream possible? Obviously, you set real-time odds at let fans win along with their streamers.

    Setting real-time odds for even 5 live players outside of a formal competition is a difficult manual task. There was never a challenge like this presented to the sporting world. Unikrn set out to solve it.
     
  15. CryptoTC

    CryptoTC Crypto Fat Cat
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  16. The CC Forums

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    Interesting. But for a platform that’s so far along, token price seems to be lagging severely. I know Rahul stated over and over it isn’t an investment.

    But at the same time raising money in a token sale and then calling it not an investment is a bit disingenuous towards the buyers.

    They need to promote the project. They need to get reasons out there for using UKG for betting instead of fiat. Why use UKG when other services will accept $$?

    Meanwhile crap altcoins with zero future use are returning 50% over the last 3 months.

    I had hope for this one after @CryptoTC let us know about it. Maybe long term, but I’m down 75% in it. I’ll hold but I need to see more before buying any.

    Bettors can use it whether it’s $10 or $0.01, so it only seems like volume and increased use can lift price.
     
  17. Old Man Crypto

    Old Man Crypto Expert chainblocker

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    I’m sorry this coin has underperformed so badly for you guys. I looked into it when you guys started posting about it here, but it’s not a market I understand. I tried to read up on eSports in general which I’ve seen on ESPN and my adult kids say is going to be big, but I don’t quite get it.

    And then betting on it seems like a step further than I can comprehend. I looked at CMC today. Wow. It took a bigger hit than most and hasn’t recovered like others.

    So is it now a sleeper? Should I, someone who doesn’t understand fully all the laws on betting around the world, buy some at these price levels?

    I have a little bitcoin on Bittrex I could spare for a wild ass swing for the fences. It’s near all time lows. Should I take a flyer guys? Is the esports market and betting still expected to explode over the next 2 years?
     
  18. BitFit

    BitFit Ready to fork

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    I’m sure you’re disappointed with performance on this one. It does seem odd that shitcoins everywhere are rising for no reason but UKG slowly slides.

    Their CEO is a little too politically outspoken, maybe that has consequences. Of course, it’s his right. But sometimes when you represent a company and have responsibilities to investors and employees, it’s best to keep you tweets to yourself.

    Can I use UKG to buy Chick-fil-A anyone?
     
  19. CryptoTC

    CryptoTC Crypto Fat Cat
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    You can’t overstate how disappointing this token has been. I get that Rahul kept calling it a utility token and not an investment, but I suspected that was to keep the SEC off their backs.

    It continues to plummet while the rest of crypto is in a healthy steady rise. Probably a sustainable rise.

    I’m down so far on this one that it isn’t worth selling my position at this point. The absolute $$ total would be minimal, and I don’t need the tax write off just yet. Tempting to throw a few dollars at it at $0.02 to lower my cost basis, but that probably a losing strategy at this point. OTOH, if I didn’t own any, this could end up being a heck of an entry price if the platform pans out and betting eventually expands.

    I don’t even check the news on it much these days. It doesn’t seem like the token price matters to the team at all. Which is fine. But at some point people may need to exchange winnings for dollars, and the token value may need to grow a little to handle the volume. Or they’ll just release more from the company’s stash suppressing the price. :cool:o_O:mad::(
     
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