Unikrn Esports Betting Site Review

Unikrn Esports is a company and platform focused on the world of competitive video gaming, also known as esports. Founded in 2014 by Rahul Sood and Karl Flores, Unikrn offers a variety of services and products related to esports, including betting, news, analysis, and live event streaming service.

Seattle based Unikrn has its own proprietary cryptocurrency called UnikoinGold (UKG), which can be used for betting on esports matches and participating in other platform features. The company has also partnered with various organizations and game publishers to help grow the esports scene and provide a seamless experience for fans and players.

Please note that the availability of betting services and the use of cryptocurrency may vary depending on local laws and regulations.

Introduction to Unikrn

Unikrn is a Seattle-based startup that allows you to bet on esports matches. It was founded in 2014 by Rahul Sood, the former CEO of Microsoft Ventures, and Karl Flores, the former CMO of Razer.

The company has raised over $10 million from investors such as Mark Cuban, Ashton Kutcher, Elisabeth Murdoch, and Scott Banister. Unikrn is one of the most well-funded startups in the esports industry.

The company has a betting platform that is available in over 20 countries. The platform allows you to win or bet on a variety of esports matches with real money or virtual currency. Unikrn also has an online casino that offers casino games such as slots and blackjack.

Unikrn plans to launch a mobile app later this year. The app will allow you to bet on esports matches from your smartphone. The company is also planning to launch an esports team and tournament platform called Unikrn Arena.

What Can You Bet On?

There are a variety of things that you can bet on when it comes to esports. The most common type of bet is a match bet, which is where you bet on the outcome of a specific match. However, there are also bets that can be placed on things like the overall winner of a tournament, or even props such as best odds or how many kills a player will get in a match.

With so many different types of bets available, there is sure to be something for everyone at Unikrn. Whether you are a casual bettor or a more serious one, you will be able to find plenty of options to keep you entertained.

What esports games can you bet on Unikrn?

Unikrn offers betting on a wide variety of popular esports titles. These include, but are not limited to:

1. League of Legends
2. Dota 2
3. Counter-Strike: Global Offensive (CS:GO)
4. Call of Duty
5. Fortnite
6. Valorant
7. Overwatch
8. Hearthstone
9. StarCraft II
10. Rocket League

Please note that the availability of betting options for specific esports titles and events may change over time, as new games gain popularity and older games lose traction. To get the most up-to-date information on the esports games you can bet on at Unikrn, please visit the Unikrn website or their betting platform. Also, be aware that the legality of esports betting varies depending on your jurisdiction, so always make sure to follow local laws and regulations before participating.

How Does It Work?

Unikrn is an esports betting site that allows users to wager on the outcomes of various gaming matches. The site uses a virtual currency called UnikoinGold (UKG) to place bets. UKG can be purchased with real money or earned by participating in certain activities on the site.

Users can use UKG to bet on the outcomes of matches in a variety of games, including League of Legends, Counter-Strike: Global Offensive, and Overwatch. Unikrn also offers live streaming of some esports events, so users can watch the action while they placing their bets.

The odds for each match are determined by a complex algorithm that takes into account a variety of factors, such as the teams’ past performance, map analysis, and player statistics. This ensures that users have a fair chance of winning their bets and that the results of each match are as accurate as possible.

The Pros and Cons of Unikrn

The Unikrn betting site offers a unique experience for esports fans who want to bet on their favorite teams and players. However, there are some pros and cons to using the Unikrn site that potential customers should be aware of before signing up.

PROS:

-The Unikrn betting site is one of the only sites that allows you to bet on esports matches using real money. This makes it a great option for those who take their esports betting seriously.

-Unikrn offers a variety of different payment options, which makes it easy to deposit and withdraw funds from your account.

-The site provides an extensive amount of information on each esport, including statistics, analysis, and news. This makes it easy to research teams and players before placing a bet.

-Unikrn is an official partner of several professional esports organizations, which adds credibility to the site.

CONS:

-The Unikrn betting site does not offer traditional sports betting options. This may be a turnoff for some potential customers who are looking for a more complete online gambling experience.

-Unikrn does not accept bets from all countries. Residents of France, Spain, the United Kingdom, and the United States are not currently able to place bets on the site.

Is Unikrn legit?

As a betting site catering to the industry, Unikrn has been deemed legit by many in the online gaming community. The company is based out of Australia and was founded in 2014 by former Microsoft executive Rahul Sood and Karl Flores. Unikrn is licensed by the Curacao eGaming Authority and offers a safe and secure environment for its users.

The site has gained popularity for its easy-to-use platform and unique features, such as in-game betting and live streaming. Unikrn also offers a variety of bonuses and promotions, which are often tailored to specific events or games. Overall, Unikrn provides a legitimate option for those looking to bet on esports matches.

FAQ

What are websites like Unikrn?

Websites like Unikrn are online platforms that allow users to bet on esports matches. These sites typically offer a variety of betting options, including moneyline bets, point spread bets, and parlay bets. Many of these sites also offer live betting, which allows users to bet on matches as they are happening. In addition to betting on esports matches, some websites like Unikrn also allow users to bet on traditional sports events.

What is a Ukg token?

The initial coin offering (ICO) or token sale of UnikoinGold (UKG) tokens took place in 2017. Unikrn raised approximately $31 million through the sale of UKG tokens during this ICO. It’s essential to note that this ICO later led to a conflict with the U.S. Securities and Exchange Commission (SEC) because it was considered an unregistered securities offering. As a result, Unikrn settled the charges with the SEC in September 2020 by agreeing to pay a $6.1 million penalty and taking several actions related to the UKG token, such as disabling the tokens and requesting their removal from digital asset trading platforms.

Who acquired Unikrn?

In 2015, Unikrn was acquired by Mark Cuban and Ashton Kutcher’s investment fund, Sound Ventures. The two investors are known for their involvement in the tech and startup industries and have a history of successful investments. Cuban is also the owner of the NBA’s Dallas Mavericks, and Kutcher is a well-known actor and producer.

The acquisition was a strategic move for Unikrn, as it gave the company access to Sound Ventures’ network of resources and connections. It also helped to validate Unikrn’s assets as a legitimate business in the eyes of potential investors and partners. The acquisition has helped Unikrn to grow and expand its operations, making it one of the leading esports betting sites in the world.

What was the Conflict Between Unikrn and the Securities and Exchange Commission?

In 2020, Unikrn faced a conflict with the U.S. Securities and Exchange Commission (SEC) regarding its initial coin offering (ICO) of the UnikoinGold (UKG) cryptocurrency. The SEC alleged that the company had conducted an unregistered securities offering when it raised approximately $31 million through the sale of its UKG tokens in 2017.

According to the SEC, Unikrn’s ICO failed to register with the agency, and as a result, investors did not receive the proper information and disclosures required by federal securities laws. In September 2020, Unikrn settled the charges with the SEC by agreeing to pay a $6.1 million penalty. This amount represented substantially all of the company’s assets, and the companies and SEC planned to distribute the funds to the investors affected by the unregistered ICO.

As part of the settlement, Unikrn neither admitted nor denied the SEC’s findings. The company also agreed to disable the UKG tokens, cease any further token sales, and request the removal of UKG from all digital asset trading platforms.

The conflict highlights the importance of regulatory compliance in the rapidly evolving world of cryptocurrencies and digital assets, especially as they intersect with traditional financial systems and securities laws.

Conclusion

Unikrn is a great platform for esports betting, offering a wide variety of games to bet on and plenty of promotional offers to make your experience even more enjoyable. Its user interface is simple and intuitive, making it easy for beginners to get started quickly. Thanks to its built-in security measures, you can be sure that all your funds are in safe hands when using the site. All in all, if you’re looking for an online gaming and esports betting platform with tons of features and options at your disposal – then Unikrn should be your go-to choice!