URUNIT – New Era in Gambling Industry

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URUNIT the only gambling platform 100% managed by its community! Players control the house, host all the games and receive most of the profit.It is time to change the game rules in the Gambling Universe. To break the established traditions we just need to give the control of the casino, to the players themselves. Meaning, absolutely all games, tables, poker rooms, slot machines, lotteries and so on are controlled by the gamers, they host games themselves and receive most of the profit.This is also the only gambling platform with constantly decreasing amount of tokens.URUN tokens issued during the ICO are the only tokens which will be issued by U Run It. No URUN tokens will be issued after ICO.0.5% of every transactions on the platform made in URUN tokens is “burnt”. Consider URUN tokens as “fuel” for the platform transactions processing. This “burning process” is regulated by smart contracts on the blockchain.It means the number of URUN tokens available will constantly decrease.
Although some of us see gambling a money-wasting activity, actually the gambling market has a huge potential. By 2022, the market capacity of gambling is predicted to reach 81 billion dollars. However, the flaw that gambling has is the static, unchanging system. No matter what the players do, the casino itself gets the most profit.
Of course, players who actually enjoy the game will eventually get bored of this system. To break this cycle, a new system where the money in the game come and go to the players themselves needs to be created. Like its name, “U RUN IT” suggests, players can do all the parts in gambling themselves: host the game, control the process, and receive the profit.
URUNIT Benefits and Solutions
As a basis for the development of URUNIT, a market analysis has been conducted. Recently, more people are starting to use mobile technology to gamble. A part of the gamblers are women, who play for leisure. Other than the gender distribution, the research also found that younger players tend to use their mobile devices when they are away from home. Online casino is more preferred these days.
The usage of cryptocurrency also grows along with the gambling industry. Cryptocurrency market has been growing rapidly in the past few years. Blockchain technology, a system closely related to cryptocurrency, also develops. Although these two are still not fully developed yet, we can be sure that these two has potential.
When cryptocurrency and blockchain technology are embedded into gambling, payments will be easier for players to make. They can do many transactions without a limit. They don’t need to worry too much about fraud because the payments are more transparent.
Gambling Market
Gambling market has been growing year after year. In early 2017 gambling market was
worth $360 billion with $44.16 billion in online games. By the end of 2017, the online gambling
market increased to $47.4 billion. According to H2 Gambling Capital, market share of
online games will continue to grow taking over most of the offline market. By 2022 online
gambling market will grow up to an impressive amount of $81.7 billion.
Gambling market problems
Time goes by, technologies change, but the main principle in the world of gambling remains the same: players come to the casino and spend their money hoping for a quick win.The problem is that the vast majority of players lose and don’t have even a slightest chance to affect the work of the casino in any way. Consequently, the game rules, as well as the rules of conduct for the players are determined entirely by the casino that strips the players to the thread, and gets its super-profits from them. The players are only cash cows. Signs on the venues, bonus programs and technologies may change, but any casino still operates by the same principal. As a result, gambling market (including online) is filled with almost identical casinos that gives the gamers absolutely no choice as all of the casinos look pretty much the same.
Thus, the key issues of the market are:
based on our surveys, casino customers are very venturous people who are constantly looking for action and novelty; they get bored quickly, and are forced to move from one casino to another constantly looking for something different.
it is very difficult for the casinos to attract new players, and they are forced to spend significant part of the profits on advertising, bonuses, affiliate programs and other gimmicks to attract customers.
no matter how much money casino spends to keep customers for as long as
possible, it doesn’t work – customers simply won’t stay for long.
How it Works
  • Players control everything – Absolutelly all games, card tables, poker rooms, tournaments, slot machines, lotteries, etc. in the casino are controlled by the players themselves. Each game is hosted by a certain player.
    Game leasing – This player determines parameters of the game or tournament he is hosting and becomes the owner of the game for the time being. Let’s say, each game is leased to one of the players for a nominal fee.
    Daily drawings – The easiest way to give each user the opportunity to become the owner of the game is drawing of the lots. Drawings are held automatically. The winner should pay a small fee in URUN tokens to confirm his/her right to own the game.
  • Monitoring & Moderation – During this lease, the owner of the game not only monitors what is going on, but also performs basic functions of a moderator.
    Profit – At the end of this period, the owner of the game receives most of the profit generated during his lease.
    Player’s rank – The more often the user plays and the bigger his bets, the higher is his rank. And the higher is the player’s rank, the more chances he has to become the owner of the game.
  • Feature
What a player can do with his right to host a game
  • He can host the game and receive the profit generated during his lease
  • He can sell this right to other players (fixed price, auction or lottery)
  • He can use this right as a bet or buy-in for some games
What a player can do with his rank
  • He can sell his rank to other players (fixed price, auction or lottery)
  • He can use his rank as a bet or buy-in for some games
  • Private games – Every user can create his own private games and give the access to them to his friends and acquaintances. All private games are accessible only by invitation.
    Jackpots – 70% of all URUN tokens are collected by platform will be used in daily, weekly and monthly jackpot drawings. Every user who deposited a certain amount of URUN tokens to his account or has a certain rank is eligible for a jackpot.
Token sale
Current stage: Closed pre-Sale
Token: URUN
Token exchange rate: 1 URUN = 0.00125 ETH (1 ETH = 800 URUN)
Total number of tokens available: 80,000,000
Total number of tokens for sale: 60,000,000
Minimum goal (Soft Cap): 4,000,000 Tokens
Maximum goal (Hard Cap): 60,000,000 Tokens
Accepted currency: ETH automatically (BTC, LTC, XRP, DASH – manually)
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Roadmap
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Team
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More Information :
ETH : 0x37B6953a3D9c40D5e40Dfc7DA2B8A58223b2a583

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