Despite his previous statement in which he called bitcoin a "bubble", billionaire and well-known venture investor mark Cuban decided to launch its own cryptocurrency ICO. It is reported by CoinDesk.
According to the publication, a member of the Cuban portfolio company Unikrn currently distributes to its investors the notice on the forthcoming ICO, through which it plans to increase the already invested capital.
The owner of a basketball franchise, "Dallas Meveriks" does not hide that consciously takes the risk
"High-risk. High reward," he said.
Founded in 2014, the company Unikrn based in Seattle and offers a platform for betting on eSports. Earlier Unikrn has raised $10 million from several investors, including Ashton Kucher, Elizabeth Murdoch and 500 Startups. Bets are made using Unikoins – own digital token platform. Residents of Australia and the UK can make deposits in Fiat.
Says Unikrn founder Rahul Sood, in the first year of operation, the transaction volume on the platform exceeded 250 million Unikoins, but he has long wanted to move to more secure cryptographic tokens.
That is why it was decided to launch ICO, which will be issued 1 billion new token called UnikoinGold. To create them you will use the Ethereum Protocol (standard ERC-20). Marketing campaign krautsalat will begin no earlier than August 2017, and the start of the campaign scheduled for August 31.
The distribution of tokens UnikoinGold, according to the table in a letter to investors, will be as follows:
While mark Cuban believes that cryptocurrencies are very well suited to issue tokens for online gambling.
"The gambling industry will continue to grow, and Unikrn is in a better position than any other company because it uses blockchain technology. ICO is ideally suited to us", — said the billionaire.
We will remind, earlier today launched krausel DAO.Casino, the blockchain Protocol to work in decentralized online casino. During the first hour of the campaign had collected $9.5 million.
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Huge gambling market -$40B/yr. May be a lot of advanced competition for Cuban.
Billionaires startin coins like
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