What is URunlt (URUN)?

What is URunlt (URUN)?

URunIt aims to create a unique platform of sports betting and games that will be managed by its community. You will host all the games within the platform and check it out with the help of the URunIt platform, users will be an active part of it. In addition, URunIt aims to change the rules of the gaming industry, established many years ago and has not changed much ever since. URunIt proposes to solve the main problem of the gambling industry or change the concept that the casino is always the final winner. According to URunIt's surveys, because of this, many players gets bored quickly and leave the games. Since the solutions will now be managed by the players, and all the power belongs to the users of URunIt, this unique and new business model will attract many professional and non-professional players.
URunIt is developing an online platform. The platform will be a ' white label ' (it also gives the possibility to other companies to renew the product and use it for their businesses) and could be sold to other operators. The platform will have an open source API and developers will have the ability to create betting games. The platform will be launched by a classic client-server technology and not Blockchain technology because there is currently no tool that can allow such fast transactions needed for data transfer. However, Blockchain will be used to guarantee payments, transfers and other related services.
An attractive feature for players and investors is that platform users will be able to make deposits and cash withdrawals using fiduciary currency, URUN and other more popular Cryptocurrencies. Betting games will be created as downloadable games for Windows, Mac OS, mobile applications and Web browsers. Other related betting games have been launched using the Blockchain/Crypto-sphere as FunFair, edgeless, DAO and others, but URunIt has a unique model and, most importantly, is that the platform will be managed by your community
The URunIt team consists of 22 members and 9 consultants. An important point is that the Committee deals exclusively with the project from a technical point of view while majority of the consultants deals with activities related to casinos, gambling, ICO and other sectors. All team members have valuable experience and knowledge in the gaming industry. The project also includes several IT developers and architects. In addition, the alpha version is in development and you can see the platform-screenshots.
The URUN token will have the ERC20 standard compatible with the Ethereum network. The token will be used primarily within the platform as one of the payment methods between users, developers and operators. All unsold tokens will be distributed proportionately among those who purchase URUN tokens during the pre-sales and ICO phases. Also, project promoters will have a 24 month blockade on their tokens (they will not be able to sell their URUN during the first 2 years of project activity) while the other team members will have their "Frozen" tokens within 12 months.
Public sales began on July 1 and will end on October 15, 2018. The official launch of the platform is expected in 18 months.
A soft stop equivalent to 5.000 ETH (approximately 2 million dollars) has been established; And in the event that a minimum collection equal to this amount is not reached, the person who has invested money will be reimbursed at 100%. The Hard top (ideal collection level) is set at 75.000 ETH (approximately $31 million).
It will be possible to purchase the URUN token during the pre-sales period at the price of 0.00125 ETH, equivalent to 0.5 USD. However, payment can only be made at ETH, BTC, LTC and DASH.
Anyone who wants to buy URUN must undergo the KYC procedure (meets their customers) and provide personal information (personal data, residential address and copy of an identity card).

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The views and opinions expressed are the views of Crypto Currency 10 and are subject to change based on market and other conditions. The information provided does not constitute investment advice and it should not be relied on as such. All material(s) have been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy of, nor liability for, decisions based on such information.
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