The gambling market has immense potential but the gambling rules and regulations have remained unchanged for centuries crippling this vibrant industry. Despite technology changes and the new ways casinos implement to attract new customers, from rewards to bonuses, to prizes, the core has remained the same over time. It does not matter what clients do, the casino accrues all the benefits. The passionate gamblers get nothing while those who don’t gamble take everything and even make excess profit.

The gambling industry also lacks diversity limiting the action of casino customers who eventually get bored very quickly and are forced to move from one casino to the next looking for variety and novelty. There has been a desire for a change in the game rules in the gambling universe where control of a casino lies with the players themselves and the profits go to the gamers.

Problems in Gambling Market

The gambling market including online market have many loopholes. The players earn very minimum profit and the casinos take up the major part thus keeping the players unsatisfied. All the casinos some what look the same and this leads the players to leave the game quickly as the lacks novelty.

The casinos have to spend more on advertising to bring in more customers but eventually the customers do not stay for long due the problems they face.

Solution

URunit is providing solution to the above problems by developing a gambling platform which will be managed by the players. The project is building a decentralized platform with the help of blockchain technology. Any player can control a game where in he can set all the parameters. The player has the control over a game only for a particular period like for an hour, a day, a week, or a month. The profit which will be made in this time duration goes to the player who hosted it.

What Is URunit?

URunit is a project that seeks to break established traditions and put the control of casino business in the hands of players. The aim is to create a platform that will implement new game rules in the gambling universe, a “white label” platform that could be purchased by other operators and can easily adapt to their needs.

URunit looks forward to being the most innovative gambling platform in the world while ensuring investors benefit from an increased market value for the tokens they purchase and the token holders can participate in jackpot drawings.

As traditional platforms face extinction even with the technology that they use, uRunit gives the gambling industry a new phase of life.

URunit Platform will consist of three categories of games, which are :

• Standard public games: These games will be developed by casinos which cannot be controlled by users. Users can play these for free on the platform.

• Customised Public games: These games will allow users to customise its parameters and host them for a time.

• Private games: Users also have the option to customise the private games. These games cannot be accessed by everyone. The host decided whom to give access for the private games.

How U Run It Blockchain Gambling Platform Works

URunit is based on the decentralized blockchain technology. Through the smart contract, URun ensures that URun tokens of a certain number are issued during the ICO after which no more tokens will be issued. Token holders are allowed to participate in the daily, weekly, and monthly jackpot drawings with 70% of all tokens collected on the platform being used.

URunit has engaged the services of the best lawyers in the field of finance and cryptocurrency to help with the regulations. The URun token is not a security but a utility token. This will ensure that after the ICO, it’s listing on the exchanges is expected to be fast.

The number of URun tokens in circulation will constantly decrease on the uRunit platform. This is because the tokens are used for all the transactions within the platform with a decline in the number of tokens taking place with every transaction. In short, the tokens are taken out of circulation.

Despite this, the demand for URun tokens will constantly increase as the number of casino operators using the platform grows. This means that the number of players using the URun tokens will also grow exponentially.

The security of this smart contract is not in question. It is of high quality and was confirmed by the best specialists in blockchain security through a technical audit that was conducted. The developers of the URun smart contract pride themselves in over 3 years of experience in blockchain solutions.

Token and ICO Information

The token of the project is the URUN token that will be placed on the Ethereum blockchain network and will be in the ERC 20 standard. It will be used at the payment of the services and transaction fees provided within the platform. The price of the token is 1 URUN = 0.00125 ETH. The total amount of tokens produced is 80 million. 60 million of them is allocated for token sales.

Token Symbol : URUN
Total Token Supply : 80,000,000
Crowdsale : Pre-sale
Token Price : 1 URUN = 0.00125 ETH
Hard Cap : 60,000,000 Tokens
Soft Cap : 9,000,000 Tokens
Pre ICO Starts : 2018-05-15
Pre ICO Ends : 2018-09-15

Here is the list of URUN token holder’s benefits:

• Participation in daily jackpots (fund - 40% of URUN tokens, collected by the platformduring the day)
• Participation in weekly jackpots (fund - 15% of URUN tokens, collected by theplatform during the week)
• Participation in monthly jackpots (fund - 15% of URUN tokens, collected by theplatform during the month)
• Constant growth in demand for tokens
• Place leasing
• Purchase of services on the platform
• Rank trading
• Possibility to use tokens as game currency within the platform
• Access to beta-testing of the games (closed testing before release)
• Possibility to sell tokens on the largest cryptoexchanges