Publish: 01.11.2017

E-Sports Betting Cryptocurrency UniKoinGold’s ICO A Success

UniKoinGold, a new cryptocurrency designed to be used to place wagers on e-sports, concluded a successful ICO last week.

UniKoinGold, a new cryptocurrency designed to be used to place wagers on e-sports, concluded a successful ICO last week. Overall, the offering secured 112,720 ethers for a total of $31m, by far and away the largest sum for any token within the gaming world to date.

 

Big Name Backing

Notable names that decided to back the venture include cryptocurrency entrepreneur Anthony Diiorio, as well as Dallas Mavericks owner Mark Cuban.

“UnikoinGold’s crowdsale surpassed every other esports and gaming token sale to date. At over 110,000 ETH in sales — not to mention the bounties of skins for the world’s most popular competitive games — there’s not much that we can say to express the magnitude of this token’s success. It’s hard to express, but it’s clear that you, the community, recognize it. You joined with extraordinary numbers,” said Unikm in a post on the company’s website.

In addition to excitement about the success, the post also credited the ICO’s success to the enthusiasm of investors, whom he hailed as getting in on the ground floor of the future of e-sports and gaming.

“You see UnikoinGold as the soon-to-be decentralized token of all esports and gaming,” he said.

The Rise Of Cryptocurrencies Continues

The success of UniKoinGold is just the latest in a string of events illustrating the increasing pervasiveness of cryptocurrencies in online casinos and online betting generally. What started out as a fringe movement just a few years ago is not a full-fledged powerhouse in the industry. It’s easy to see why. The ability for online players to make their money transfers using cryptocurrency serves a number of purposes, most notably security, privacy, and anonymity.

“Most importantly. this is a rebirth for esports and gaming. UnikoinGold is already poised to disrupt entire industries to make experiences, products, games and events more accessible, more interactive and more decentralized than they’ve ever been,” Unikm said.

Although traditional hard currencies continue to be the most common form of online gaming payment, the success of ventures like UniKoinGold illustrate that the only constant is change.