URunit is a gambling platform thst allows players to manage the game completely. It provides a platform where a player will host , control and also receives profits coming from the game.
The platform is created as a “white label”, so we can sell it to other operators. This, in turn, will allow us to share the concept around the world in a short time and make it an industry standard.
Also, the platform has an open API (application programming interface). This will make it possible to add games created by third-party developers. This way the library of games on the platform can be constantly replenished and expanded with minimum time and money invested
How URunIt 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.
Gambling market has been growing year after year. In early 2017 gambling market was worth $360 billion with $44.16 billion in online games. By the end of 2017, the online gambling market increased to $47.4 billion. According to H2 Gambling Capital, market share of online games will continue to grow taking over most of the offline market. By 2022 online gambling market will grow up to an impressive amount of $81.7 billion.
Gambling market problems
Time goes by, technologies change, but the main principle in the world of gambling remains the same: players come to the casino and spend their money hoping for a quick win.The problem is that the vast majority of players lose and don’t have even a slightest chance to affect the work of the casino in any way. Consequently, the game rules, as well as the rules of conduct for the players are determined entirely by the casino that strips the players to the thread, and gets its super-profits from them. The players are only cash cows. Signs on the venues, bonus programs and technologies may change, but any casino still operates by the same principal. As a result, gambling market (including online) is filled with almost identical casinos that gives the gamers absolutely no choice as all of the casinos look pretty much the same.
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.
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.
How is it possible? It’s very simple. The solution is an entirely new type of casino, 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. Let’s say, each game is leased to one of the players for a nominal fee. It can be leased for an hour, a day, a week, or a month. During this lease, the owner of the game not only monitors what is going on, but also performs basic functions of a moderator. At the end of this period, the owner of the game receives most of the profit generated during his lease. A small share of revenue will go to the casino to cover the expenses for the maintenance of the platform, its further development, as well as allow a little profit for the owners.
THE UNIQUENESS OF uRunit
• Years of Experience:
We have a strong team with all the skills, expertise, and experience needed to launch the project and market it successfully. U Run This is the climax of our collective effort that incorporates the most efficient technology developed by our highly professional team.
• No one has seen this before:
This is yet another casino. This is a platform with a new business concept in his heart. Casinos and gambling platforms (including those in the development stage) are not even close to what we offer.
• The flowers are amazing:
We are experiencing tremendous interest in our platform. Both gamblers and investors are amazed by the brilliance of the idea. We are repeatedly told that this is the future of the gambling industry.
• All in one solution:
This is an all-in-one solution that covers every possible subsystem needed on the board. No holes or areas are not closed. In fact, other casino providers will become U Run It customers purchasing our software to fill the void in their offerings.
• The number of users increases:
In the next stage we will integrate additional modules (which can not be disclosed now as this is commercial secret) into the platform. This module is sure to blow up the market, and we expect a drastic growth in the number of our users.
Token is created by ERC-20 standard and used within the platform for:
• users payments for services within the platform
• transactions between the platform users
• payments to the third-party game developers
• payments from the operators
Token Symbol: URUN
Token Sale Starts: May 15th 2018
Token Sale Ends: June 15th 2018
Token Price: 1 ETH = 800 URUN
Total Supply: 80,000,000
Soft Cap: 9,000,000 tokens
Hard Cap: 60,000,000 tokens
Token Distribution and Use of Funds
Market research. Design and development of "U Run It" platform concept; forming the team.
Confirmation of the players interest in the platform .Beginning of the platform development .
Preparation for public sale and developing a smart contract.
Tokens closed pre-Sale .
Q2 - Q3 2018
ICO stages (pre-lCO, marketing campaign, ICO).
Q3 - Q4 2018
The token is emitted to major crypt exchanges.
Q3 2018 - Q1 2019
Obtaining all the required licenses and registrations .
Release of Alfa-version of the platform and the beginning of active testing among players. Alpha version allows
deposits and withdrawals only in cryptocurrencies and URUN tokens .
Release of Beta-version of the platform, signing contracts with game developers.
Integration ofdeposits and withdrawals in fiat currencies .
Launch of the platform with basic set of games and its release to the European market.
Start daily, weekly and monthly jackpot drawings
Updating and expanding the catalog of games.
Release of the platform to the Asian and US markets.
Release of the mobile version of the platform for iOS & Android and incorporation of casual games and games of skill .
Integration of games from third-party developers.
Beginning of eSports platform development and its integration into existing infrastructure.
Q4 2020 AND BEYOND
Further development of the platform and increase of its market share in thegambling market.
Game catalog transition to blockchain .
FOR MORE INFORMATION PLEASE VISIT THE LINKS BELOW;
Website : https://www.urunit.io
Whitepaper : https://www.urunit.io/docs/whitepaper_eng.pdf
Facebook : https://www.facebook.com/urunit
Twitter : https://twitter.com/URUNIT_IO
Telegram : https://t.me/urunit
ANN Thread : https://bitcointalk.org/index.php?topic=3396208
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409