Mark Cuban-backed Unikrn to launch cryptocurrency for esports betting
Ethereum-based initial coin offerings (ICOs) are popping up every day, but everyone is still waiting for that killer service that really proves to the world that blockchain-based businesses are the future.
An upcoming token by esports betting platform Unikrn may not be the ultimate answer to that question, but it is one of the most natural uses of the blockchain architecture I’ve seen so far.
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Unikrn’s UnikoinGold token will be, simply put, a currency for betting on esports events. The company already launched a virtual coin called Unikoin in 2015, but it was essentially a virtual currency which could not be bought or traded — you could only get it directly from Unikrn. Read more…