u Run it - A Paradigm Shift on Gambling Industry

tecnoera (38)in #urunit • 6 years ago

Hello dear cryptocurrency world, In this article I want to review u Run it ICO Project which aims to create a platform that allows players to create their own gambling games.

The industry of gambling games is growing day by day. Indeed, the size of the industry, which was $ 47.4 billion in 2017, rose to $ 52 billion in 2018. It is expected that this amount will reach $ 81.7 billion in 2022.

u Run it is a project that integrates cryptocurrencies and blockchain technology with gamble industry. The most important feature of the u Run it platform is that the players will organize the games themselves. In this context, the project allows the players to control their own game completely. Thus, players will be able to participate in games with confidence.

On the other hand, the players will play in a totally decentralized structure where there will be no intermediaries. In this case, for the first time, a democratic, objective, transparent ecosystem of gamble games will be established in the industry. As a natural consequence of this, income from gambling activities will also be shared among the players.

In addition, the platform has an open API (application programming interface). This will add chance games created by third-party developers. Thus, the games of gambling on the platform will be constantly renewable and expandable with minimum time and money.

u Run it Blockchain Gambling Games Platform

u Run it is based on decentralized blockchain technology. All activities on the platform will be carried out through smart contracts without intermediaries. Token holders are also entitled to participate in jackpots. According to this, daily, weekly, monthly jackpot lottery will be.

70 % of the collected tokens in the platform will be used for jackpot drawings. The project also has the best financial lawyers to help the project find legal ground. The product token will be used as a service token in the system. It is also stated that the ICO will be listed on the cryptocurrency exchanges and the agreements with some exchanges are also guaranteed.

URUNs, which are project tokens of the project, will be burned on a certain part of the transaction fees on the platform, that is, they will be removed from the circulation process. Thus, it is foreseen that the token price will be continuously increased with decreasing supply.

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.

The Soft Cap target for project sales is 4 million tokens; The Hard Cap target is 60 million tokens. On sale, ETH, BTC, LTC, CRP, DASH, ZCL, STX, ATB, BNT cryptocurrencies will be accepted.

Private Sales was finalized on June 30, 2018. Pre-sales was also made between July 1 and August 15, 2018. ICO sales will take place from 1 September to 15 October 2018. ICO sales will have bonuses of between 10% and 5%.

The sooner you join the sales, the more bonus it is. Unsold tokens in the ICO process will be distributed according to purchase amounts between token purchasers. Allocated tokens for the founders of the project are frozen for 2 years, and tokens reserved for team members are frozen for 1 year.

You can use the link https://www.urunit.io/urun-tokens-sale.html to join the sales of the token of the project.

Team Members

The project members are divided into Management, Advisors and Technical Team. The members of the technical team are experienced on the blockchain, finance, gambling, smart contracts, information and communication technologies, and law.

The CEO and founder of the project are the Roman Grushkovsky who is an entrepreneur. He owns a Canadian-based company which is iroocca. He has over 15 years of experience in software development, banking, game industry.