Isle of Man Issues First Ever Crypto Gambling License To Unikrn
Unikrn is out to fuse real-money betting on esports and games with cryptocurrency and blockchain technologies. And it is taking a big step today after four years of work in the right direction by getting a crypto-gambling license from the Isle of Man off the British Isles. That lets the company start crypto esports gambling in 20 regions.
A startup founded by Voodoo gaming PC company founder Rahul Sood, Unikrn is now the only live wagering company in the world that has a crypto gambling license from the Isle of Man, which along with Malta is known for its rigorous standards on gambling regulations.
With the license, Unikrn can enable “spectator betting” on esports matches or “skill-based” betting on your own gameplay against others in games of skill such as Fortnite (one of the most popular and important games in the world), Sood said in an interview with GamesBeat.