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.
This is where uRunit comes in.
What Is U Run It?
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.
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.
U Run It URUN Token ICO Details
Parameters Of The ICO
- 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
U Run It Final Thoughts
The platform seeks to provide a number of undeniable advantages over the traditional centralized casinos and change the gambling landscape.