URunIt - Decentralized Blockchain Powered Gambling Industry

From the centuries people love to play gambling. The gambling market is growing exponentially and it is expected to cross $81 billion by 2022. Casinos play various tricks and techniques to attract more people in gambling such as offering lotteries, jackpots, discounts and prizes. In the urge to become rich in short time people enter casinos. Casinos follow only one rule that is - no matter whatever it takes, casino's always win, takes entire profit from players.

It's time to change this tradition in gambling market. URunIt is here to give full control of the casino into the hands of players themselves. Players create games and contests, play with other gammers and takes most of the profit.

Project objective

URunIt is aiming to create a decentralized blockchain powered gambling market. Where no centralized authority can control and manipulate gambling results. Here players host games and takes most part of the profit. URunIt is committed to change the old rules of gambling market.

Problems

No matter how the technology is changing, gambling market is still works on the same old principle; casino's takes everything. Casino organizers play many tricks with players and win entire players money. That's why casinos are still existing and making profits by fooling players.

In the gambling market every casino's are same. They use probability methods to trick with players, which leads to loose their entire money. It is a time to end this fraud schemes, time to end this centralized gambling market.

Solutions

URunIt is a blockchain technology powered decentralized gambling platform. Where users have control over the games. URunIt wants to create a new type of casino, where players host
and control the games. System chooses random players to create tournaments and they can become the owner of the game for certain period of time. In this period he can lease the game for an hour, a day, a week or for a month with a nominal fee. In this period he will act as a moderator, monitors the game and controls the other parameters of the game. At the end, he will receive most of the profit generated from hosting the game. Certain amount of profit will go for casino maintenance fee.

In the URunIt platform players host games and receive most of the profit from it. They can sell it to other operators also. Through URunIt API, players can add any third party developer games into the platform. There are basically there type of games on the platform namely - standard public games, customized public games and private games. Standard public games are created by casinos with predefined parameters which cannot be changed. They are like standard casino games. Customized public games are standard games but parameters are set by players. And private games are the player's private games, they can fully control, monitor and can invite only their friends, family etc.

URunIt infrastructure benefits:

• implementation of blockchain technology protects user privacy
• platform provide analytics and statistics which help players to develop game strategies
• platform provides protection for user funds
• with API players can add third party games into the platform
• platform has its own marketing system which helps to spread the games to attract more people
• users can easily withdraw funds to fiat and also can exchange their funds

ICO details and timelines

Token distribution

Roadmap

Team

Conclusion

URunIt creates a new era in gambling market. With the decentralization it will end centralized authority control on the games. Blockchain technology implementation makes system transparent and trusted. Players are the controllers of every game. It is a casino for players from players. They will receive most of the profit from the games. URunIt will revolutionize the gambling market. It is a very promising project to invest.


Learn more about URunIt:
Website: https://www.urunit.io
Read whitepaper: https://www.urunit.io/docs/whitepaper_eng.pdf
ANN thread: https://bitcointalk.org/index.php?topic=3396208
Telegram: https://t.me/urunit
Facebook: https://www.facebook.com/urunit
Twitter: https://twitter.com/URUNIT_IO
Medium: https://medium.com/@urunit.io

About Author:
Bitcointalk username: Abhijeetcg
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1676105;sa=summary
ETH address: 0x96e95a1F40cf5a50178053740ADE18046815362d