Unikrn projected to be in the frontline to launch crypto betting with Maltese Sandboxed license
Unikrn, a veteran esports betting operator, and publisher of gaming’s most successful decentralized token, UnikoinGold (UKG), welcomes the MGA’s forward looking approach towards the development of a “sandbox environment” for cryptocurrencies and blockchain technologies.
Unikrn is unique as it’s a publisher of a major ERC20 token and the creator of a completely custom blockchain platform designed for a highly regulated industry. Unikrn also holds a Malta Gaming Authority license for online sports betting.
Unikrn is planning to be one of the first in line to launch within the parameters of this environment, and expects to begin offering crypto esports betting in some markets in Europe by Q2 2018. This will be following their fiat betting rollout across the same region of Europe, also powered by their MGA-issued license, expected in early 2018.
Rahul Sood, Unikrn CEO, said, “Unikrn sees responsible, safe and regulated betting experiences as the cornerstone of a functioning gambling industry. We are proud to be singularly positioned to assist the inevitable, and necessary, evolution of the gaming industry in Europe. Our upcoming crypto launch isn’t just on the cutting edge; it’s helping design the cutting edge.“
An MGA spokesperson said, “MGA’s plans of establishing the sandboxed environment for cryptocurrency usage within the remote gaming sector, and also the application of Distributed Ledger Technology within the industry, are well underway. We are looking forward to issuing the first draft for public consultation in Q1 2018.”