LOS ANGELES, Oct. 05, 2017 (GLOBE NEWSWIRE) -- Unikrn (https://unikrn.com), the world’s top regulated esports betting platform, announced a major global development to its utility token, UnikoinGold (https://UnikoinGold.com). Unikrn users can now use an engine that converts CSGO “skins” into UnikoinGold tokens. To improve the reach, utility, and engagement for the community, Unikrn continues its partner expansion within the gaming and esports ecosystems to include hardware manufacturers, tournament platforms, teams, game developers and casinos.
The token sale opened on September 23, and is already the most successful token sale in esports with over $27 million worth of tokens sold. The public sale followed UnikoinGold’s blockbuster pre-sale with accredited investors, which included notable investors Mark Cuban, Brock Pierce, Blockchain Capital, Pantera Capital, Draper Dragon and CoinCircle.
The esports industry is expected to reach $1 billion in annual revenue by next year, and Unikrn is pioneering secure, seamless wagering to reward the rapidly increasing number of esports viewers. Developed as an ERC-20 utility token, UnikoinGold will be used on Unikrn’s improved skill and live spectator betting platforms.
“Our vision for UnikoinGold is to make it the universal esports and gaming token by continuing to add both wagering and non-wagering features to the Unikrn platform that our community has requested,” said Rahul Sood, CEO of Unikrn. “We see a future where UnikoinGold is in the hands of millions gamers and esports fans, ushering in incredible opportunities to use UnikoinGold inside and outside of Unikrn’s own properties.”
Unikrn also recently announced the addition of Ethereum co-founder and JAXX Wallet CEO Anthony Di lorio to the Unikrn Board of Advisors. For the design, engineering, and sale of its UnikoinGold token, Unikrn partnered with CoinCircle—which powers token sales for established VC-backed companies.
“Beyond our role in engineering the success of the token sale, as stakeholders we’re thrilled to be a part of the vision and momentum of the UnikoinGold token as the Unikrn team extends its reach and usage deep within the esports and gaming ecosystem,” said Erick Miller, CEO of CoinCircle.
For more information on the UnikoinGold token sale or to read the white paper, please visit www.unikoingold.com. The sale ends on October 22, 2017.
ABOUT UNIKRN AND UNIKOINGOLD
Established in 2014, Unikrn is leading the world of bookmaking for esports and video games. In the interim years, Unikrn has established itself as an endemic esports brand and become woven into the fabric of this rapidly growing community. Their contributions and assets include team ownership, tournament series, multiple original content platforms, sponsored community creators and a group that works with casinos to attract modern gaming audiences. The company’s close relationships with gambling powerhouses such as Tabcorp, Australia’s largest betting company, have positioned them as the definitive bridge between the new world of competitive gaming and the old world of sports bookmakers and casinos.
In 2015, Unikrn raised $10M in venture finance from Mark Cuban, Shari Redstone, Elisabeth Murdoch, Ashton Kutcher, Guy O’Seary, Tabcorp, Indicator Ventures and Hyperspeed Ventures. Unikrn’s lead investor is well-known for early investment into Snapchat, and the partners have similar track records with a variety of Silicon Valley successes, including Twitter and Instagram. UnikoinGold and its Crypto platform are run by Unikrn’s wholly-owned subsidiary, Unikrn Bermuda Ltd.
CoinCircle powers token sales for established companies, moving industry-leading products onto the blockchain. As an end-to-end tokenization solution, CoinCircle designs, engineers, funds, and markets token sales. The founding team brings deep expertise from across venture capital, blockchain development, JOBS Act and securities legislation and regulations, equity crowdfunding, hardware, adtech and media. For more information visit CoinCircle.com.