CRYPTO-CURRENCIES NEWS: Billionaire Mark Cuban launches crypto-ICO in the field of online gambling

Despite his previous statement , in which he called bitcoin a "bubble," the billionaire and well-known venture capitalist Mark Kuban decided to launch his own ICO crypto currency. This is reported by CoinDesk.

According to the publication, Unikrn, a member of the Cuban portfolio, is currently sending out a notice to its investors about the forthcoming ICO, through which it plans to increase the capital already raised.

At the same time, the owner of the Dallas Mavericks basketball franchise does not hide that he is deliberately taking risks:
"High risk. A high award , "he said.

Founded in 2014, Unikrn is based in Seattle and offers a platform for betting on eSports. Previously, Unikrn has already raised $ 10 million from a number of investors, including Ashton Kucher, Elizabeth Murdoch and 500 Startups. Bets are made with the help of Unikoins - own digital platform tokens. Residents of Australia and the UK can also make deposits in Fiat.

According to Rikul Sood, founder of Unikrn, in the first year of operation, the transaction volume on the platform exceeded 250 million Unikoins, but he had long wanted to switch to more reliable cryptographic tokens.

That is why it was decided to launch the ICO, during which will be released 1 billion new tokens called UnikoinGold. To create them, the protocol Ethereum (standard ERC-20) will be used. Marketing campaign krauseyla will begin no earlier than August 2017, and the start of the campaign is scheduled for August 31.

At the same time, Mark Cuban believes that crypto-currencies are very suitable for the release of tokens for online gambling.

"The gambling industry will grow, and Unikrn is in a more preferable position than any other company, because it uses blocking technology. ICO suits us perfectly, "added the billionaire.

Recall, earlier today started krausejl DAO. Casino, block-protocol for the operation of decentralized online casinos. Only for the first hour of the campaign was collected $ 9.5 million .