Hello to all and welcome to my ICO review . For those of you who don’t know me yet, let me introduce myself. My name is Funke and I’m an experienced writer who enjoys what he does very much. I’m here to give you all the information you might need or want about the new development in gambling industry. I plan to make them “easy read, to the point” because what’s important to me is that we all comprehend and absorb the information and actually want to be here learning together about something new.
Today, let us all learn and experience together all about URUNIT. If you don’t know anything about them, don’t run away, that’s why I’m here, to change that within the next few minutes. Before I begin, I just want to quickly mention that I will be including LINKS so that YOU can do your own research or whatever you feel you need. I feel it’s best to have all of the information in one place, in an organised manner, rather than dotted about the page making what you want hard to find or confusing. All these links will be put at the BOTTOM of this page to keep things easy.
We are creating an online gambling platform where absolutely all the games will be hosted and controlled by the users of the platform. 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 it works
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.
I am going to get straight to the point of who they are since this is such an important factor, as I like to put it, “The Brains behind URUNIT”. If the team behind the product or service in question haven’t the resources or knowledge, then we know the product or service delivered will possibly not have the quality it should have. We need to know two very important things when we look at a new starting up company:
Who are the people/team behind this:
What experience and knowledge do they possess…
Okay, so, because I’ve already done all the research needed beforehand and thoroughly URUNIT I can very happily confirm that this company has a fabulous team onboard. Here they are:
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.
URUNIT TOKEN INFORMATION
Why should you buy URUN tokens…
URUN Smart Contract through the decentralized blockchain protocol ensures that only certain number of URUN tokens will be issued during ICO. There will be no more issues of tokens after the ICO.
Every token holder can participate in our daily, weekly and monthly jackpot drawings. 70% of all tokens collected by the platform will be used for jackpot drawings.
Compliance with regulations
We have taken professional advice from the best lawyers specializing in finance cryptocurrency regulations. URUN token is clearly a utility token, not a security. This means fast listing on exchanges after the ICO.
Constant demand for tokens
URUN tokens are required to use U Run It platform, but the number of tokens circulation will constantly decrease. URUN tokens are used as “fuel” for all the transactions within the platform, and with every transaction a small number of tokens is “burnt” (they are taken out of circulation). However, in the same time the number of casino operators using our platform as well as overall number of players using URUN tokens will grow exponentially. Therefore, the demand for URUN tokens will constantly increase.
Not only the programmers who developed our URUN smart contract, have over 3 years of experience in blockchain solutions, but also high quality and security of this smart contract was confirmed by the technical audit conducted by the best specialists in blockchain security.
Distribution of Tokens
I hope you have enjoyed today’s review and my company along the way. Thanks for taking the time and will hopefully see you all in the next one.